Accrued Liabilities

3 Months Ended

Jun. 30, 2020

Accrued Liabilities and Other Liabilities [Abstract]

ACCRUED LIABILITIES

NOTE 8: ACCRUED LIABILITIES

Accrued liabilities consisted of the following:

	June 30, 2020		March 31, 2020
Professional fees and consulting costs	$	85	$	106
Vacation and paid time off		93		126
Legal fees		-		503
Compensation		241		865
Interest		380		673
Insurance		1,442		548
Other		200		215
Total	$	2,441	$	3,036

On March 27, 2020, the Company assumed $2,362 in the acquisition of Banner Midstream, and in addition, assumed $2,362 in amounts that are due to prior owners of Banner Midstream and their subsidiaries. These amounts are non-interest bearing and due on demand. As of June 30, 2020 and March 31, 2020, $1,250 and $2,358 of the amounts due to prior owners is currently due, and $50 of this amount was converted in the Company's fiscal quarter ending September 30, 2020. The Company converted $1,208 of amounts due to prior owners which resulted in a loss on conversion of $366 in the three months ended June 30, 2020.