Lease and Commitments

9 Months Ended

Dec. 31, 2018

Commitments and Contingencies Disclosure [Abstract]

Lease and Commitments

NOTE 7 – LEASE AND COMMITMENTS

Rent expense for the three and nine months ended December 31, 2018 were $14,607 and $55,020, respectively. Rent expense for the three and nine months ended December 31, 2017 were $7,065 and $32,249, respectively.

On July 2^nd, 2018 the Company gave its manufacturing contractor in Rochester, MN a 90-day notice to cancel the lease and agreement; the financial impact of this cannot be fully measured. Subsequently, the Company entered into an agreement with a 60-day notice clause for 1,000 square feet of manufacturing and office space in White Bear Lake, MN; this is detailed further in the 8-K filed on August 20, 2018 that is incorporated by reference in Exhibit 10.20.

The Company entered into an eighty-four-month lease for 3,577 square feet of newly constructed office, laboratory and warehouse space located in Edina, Minnesota on May 3, 2017. The base rent is $2,078 per month and the Company is responsible for its proportional share of common space expenses, property taxes, and building insurance. Future minimum rental commitments are as follows:

Year Ended March 31,
2019	$	6,234
2020	$	24,936
2021	$	24,936
2022	$	24,936
2023	$	24,936
Thereafter	$	21,770
	$	127,748