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Net Loss Per Common Share (Tables)
12 Months Ended
Mar. 31, 2021
Earnings Per Share [Abstract]  
Schedule of Basic and Diluted Net Loss Per Share

The following table sets forth the computation of basic and diluted net loss per common share for the periods indicated:

 

 

 

Year Ended

 

 

 

March 31,

 

 

 

2021

 

 

2020

 

Basic and diluted net loss per common share calculation

 

 

 

 

 

 

 

 

Net loss

 

$

(28,978,763

)

 

$

(22,000,556

)

Weighted average common shares outstanding — basic and diluted

 

 

134,250,722

 

 

 

114,533,102

 

Net loss per share of common stock — basic and diluted

 

$

(0.22

)

 

$

(0.19

)

Schedule of Anti-dilutive Shares Outstanding

 

The following outstanding securities at March 31, 2021 and 2020 have been excluded from the computation of diluted weighted average shares outstanding, as they would have been anti-dilutive:

 

 

 

Year Ended

 

 

 

March 31,

 

 

 

2021

 

 

2020

 

Stock options

 

 

12,588,068

 

 

 

11,815,982

 

Warrants

 

 

3,104,318

 

 

 

8,937,651

 

Total

 

 

15,692,386

 

 

 

20,753,633