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Stockholders' Equity (Tables)
9 Months Ended
Dec. 31, 2020
Equity [Abstract]  
Schedule of Common Stock Warrant Activity

The following summarizes the common stock warrant activity for the nine months ended December 31, 2020:

 

 

 

Warrant

Shares of

Common Stock

 

 

Weighted Average Exercise Price

 

Outstanding at March 31, 2020

 

 

8,937,651

 

 

$

2.31

 

Granted

 

 

2,166,667

 

 

 

1.80

 

Exchanged

 

 

(8,000,000

)

 

 

2.00

 

Outstanding at December 31, 2020

 

 

3,104,318

 

 

$

2.77

 

Schedule of Warrants to Purchase Common Stock Outstanding

 

The Company has warrants to purchase its common stock outstanding as of December 31, 2020, as follows:

 

Issued

 

Classification

 

Warrants

Outstanding

 

 

Exercise

Price

 

 

Expiration

December 2015

 

Equity

 

 

446,500

 

 

$

5.00

 

 

December 2025

February 2016

 

Equity

 

 

461,384

 

 

$

5.00

 

 

February 2026

July 2016

 

Equity

 

 

29,767

 

 

$

5.00

 

 

June 2026

May 2020

 

Liability

 

 

2,166,667

 

 

$

1.80

 

 

April 2024