XML 17 R4.htm IDEA: XBRL DOCUMENT v3.3.1.900
CONSOLIDATED STATEMENT OF OPERATIONS - USD ($)
3 Months Ended 6 Months Ended 12 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Mar. 31, 2015
Mar. 31, 2014
Revenue $ 1,719,268 $ 1,022,823 $ 3,232,846 $ 1,594,872 $ 3,700,476 $ 552,699
Cost of Goods Sold 1,105,522 648,818 2,082,326 1,054,943 2,532,436 411,851
Gross Profit 613,746 374,005 1,150,520 539,929 1,168,040 140,848
Operating expenses            
Sales and marketing expenses 768,055 415,973 1,394,736 642,753 1,386,671 464,081
General and administrative 736,922 2,284,084 1,888,462 4,422,837 6,520,451 3,852,773
General and administrative - related party         0 62,092
Depreciation 71,100 41,534 142,129 58,068 175,036 42,407
Total operating expenses 1,576,077 2,741,591 3,425,327 5,123,658 8,082,158 4,421,353
Total operating loss (962,331) (2,367,586) (2,274,807) (4,583,729)    
Other income (expense)            
Interest income 10 0 10 0 11 0
Interest expense (11,875) (9,803) (15,000) (12,326) (26,241) (11,055)
Interest expense on redeemable preferred stock         (40,383) (468,256)
Interest expense on capital lease (51,300) 0 (103,866) (40,383)    
Fees paid on credit line (13,183) (11,485) (24,899) (18,542) (27,283) (8,603)
Amortization of deferred financing cost         (43,149) 0
Placement agent fee to acquired credit line         0 (10,000)
Amortization of debt discount and accretion (81,500) 0 (88,083) (414,370) (414,370) (107,532)
Other expenses 0 6 0 (5) (11) (1,530)
Other income - related party         0 40,029
Loss on sale leaseback 0 20,773 0 0    
Change in derivative liability 125,502 91,034 (42,662) 355,086 326,095 617,939
Total other income (expense) (32,346) 90,525 (274,500) (130,540) (225,331) 50,992
Net loss $ (994,677) $ (2,277,061) $ (2,549,307) $ (4,714,269) $ (7,139,449) $ (4,229,513)
EARNINGS PER SHARE (Basic) $ (0.01) $ (0.02) $ (0.02) $ (0.05) $ (0.06) $ (0.05)
WEIGHTED AVERAGE SHARES OUTSTANDING (Basic) 144,990,669 107,731,694 138,438,468 100,877,507 111,704,823 80,220,729