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Lease and Commitments (Tables)
6 Months Ended
Sep. 30, 2019
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Maturity Analysis of Operating Lease Liabilities

The following is a maturity analysis of the annual undiscounted cash flows of the operating lease liabilities as of September 30, 2019:

 

Year Ended March 31,      
2020   $ 12,468  
2021     24,936  
2022     24,936  
2023     24,936  
2024     10,390  
    $ 97,666  

Schedule of Future Lease Payments

As of September 30, 2019, the Company only had one operating lease so that the weighted average remaining lease term and weighted average discount rate are approximately 4 years and 2.18%, respectively.

 

    September 30, 2019  
Present value of future base rent lease payments   $ 95,063  
Base rent payments included in prepaid expenses     -  
Present value of future base rent lease payments – net   $ 95,063  

Schedule of Present Value of Future Lease Payments Between Current and Non-current Assets and Liabilities

As of September 30, 2019, the present value of future base rent lease payments – net is classified between current and non-current assets and liabilities as follows:

 

    September 30, 2019  
Operating lease right-of-use asset   $ 95,063  
Total operating lease assets     95,063  
         
Operating lease current liability     24,655  
Operating lease other liability     70,408  
Total operating lease liabilities   $ 95,063