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Stockholders' Equity (Tables)
12 Months Ended
Mar. 31, 2021
Equity [Abstract]  
Schedule of Common Stock Warrant Activity

The following summarizes the common stock warrant activity for the years ended March 31, 2021 and March 31, 2020:

 

 

Warrant Shares of

Common Stock

 

 

Weighted Average

Exercise Price

 

Outstanding at March 31, 2019

 

 

4,499,603

 

 

$

3.42

 

Granted

 

 

8,000,000

 

 

 

2.00

 

Exercised

 

 

(78,431

)

 

 

3.00

 

Expired

 

 

(3,483,521

)

 

 

3.00

 

Outstanding at March 31, 2020

 

 

8,937,651

 

 

$

2.31

 

Granted

 

 

2,166,667

 

 

 

1.80

 

Exchanged

 

 

(8,000,000

)

 

 

2.00

 

Outstanding at March 31, 2021

 

 

3,104,318

 

 

$

2.77

 

Schedule of Warrants to Purchase Common Stock Outstanding

At March 31, 2021 and March 31, 2020, 3,074,551 and 8,907,884,respectively, of common stock purchase warrants relating to securities purchase agreements were outstanding and exercisable.

 

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

April 2019

 

Liability

 

 

2,166,667

 

 

$

1.80

 

 

April 2024