XML 13 R2.htm IDEA: XBRL DOCUMENT v3.20.4
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Dec. 31, 2020
Mar. 31, 2020
Current assets:    
Cash $ 14,959,785 $ 106,107
Prepaid expenses and other receivables 850,388 452,463
Inventory (raw materials) 818,236 286,309
Total current assets 16,628,409 844,879
Other assets:    
Property and equipment, net of accumulated depreciation 200,260 162,064
Intangible assets, net of accumulated amortization 810,319 213,080
Total other assets 1,010,579 375,144
Total assets 17,638,988 1,220,023
Current liabilities:    
Accounts Payable 166,698 293,608
Liability due to related parties 395,923 830,093
Other Liabilities and accrued expenses 76,147 168,966
Notes payable, net of unamortized discount 3,609,588 0
Deferred revenue 102,367 93,022
Total current liabilities 4,350,723 1,385,689
Non-current portion of notes payable, net of unamortized discount 1,698,727 0
Non-current portion of deferred revenue 1,262,533 1,147,278
Total non-current liabilities 2,961,260 1,147,278
Total liabilities 7,311,983 2,532,967
Commitments and contingencies
Stockholders' equity / (deficit):    
Series A convertible preferred stock, $0.001 par value, 200,000 shares authorized; 0 shares issued and outstanding at December 31, 2020 and March 31, 2020, respectively 0 0
Common stock, $0.001 par value, 42,000,000 shares authorized and 22,930,407 and 20,850,848 shares issued and outstanding at December 31, 2020 and March 31, 2020, respectively 22,931 20,851
Additional paid in capital 31,998,346 16,589,272
Accumulated deficit (21,714,045) (17,586,075)
Accumulated other comprehensive loss 19,773 (336,992)
Total stockholders' equity/ (deficit) 10,327,005 (1,312,944)
Total liabilities and stockholders' equity $ 17,638,988 $ 1,220,023