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Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2023
Dec. 31, 2022
Income Statement [Abstract]        
REVENUE $ 2,972,972 $ 2,459,181 $ 8,885,034 $ 6,896,622
Cost of Revenue 804,986 1,057,215 2,801,066 2,989,290
NET REVENUE 2,167,986 1,401,966 6,083,968 3,907,332
EXPENSES        
Selling. general and administrative expenses 2,996,804 4,363,964 10,004,350 13,336,888
Research and development expenses 452,956 876,460 1,863,551 2,526,550
TOTAL OPERATING EXPENSES 3,449,760 5,240,424 11,867,901 15,863,438
LOSS FROM OPERATIONS (1,281,774) (3,838,458) (5,783,933) (11,956,106)
Interest expense [Note 5, 6 and 9] (790,080) (413,402) (2,203,860) (1,205,342)
Accretion and amortization expenses [Note 5,6] (422,706) (51,061) (1,576,345) (151,970)
Change in fair value of derivative liabilities [Note 8] (326,683) (99,705) (244,014) (469,971)
Gain (loss) upon convertible promissory notes conversion and redemption 2,148 5,391 15,280 (85,537)
Other (expense) income [Note 13] 11,004 (119,880) (118,941) (116,989)
NET LOSS BEFORE INCOME TAXES (2,808,091) (4,517,115) (9,911,813) (13,985,915)
Income taxes
NET LOSS BEFORE DIVIDENDS (2,808,091) (4,517,115) (9,911,813) (13,985,915)
Adjustment: Preferred Stock Dividends (237,904) (230,374) (617,043) (690,330)
NET LOSS ATTRIBUTABLE TO COMMON STOCKLHOLDERS (3,045,995) (4,747,489) (10,528,856) (14,676,245)
Translation adjustment (204,501) (72,823) (99,091) 625,698
COMPREHENSIVE LOSS $ (3,250,496) $ (4,820,312) $ (10,627,947) $ (14,050,547)
LOSS PER SHARE, BASIC $ (0.339) $ (0.546) $ (1.191) $ (1.699)
LOSS PER SHARE, DILUTED $ (0.339) $ (0.546) $ (1.191) $ (1.699)
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING - BASIC 8,979,430 8,690,506 8,842,890 8,635,900
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING - DILUTED 8,979,430 8,690,506 8,842,890 8,635,900