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Consolidated Balance Sheets - USD ($)
Mar. 31, 2019
Mar. 31, 2018
Current assets    
Cash and cash equivalents $ 1,340,203 $ 732,542
Restricted cash 16,934 5,692
Marketable securities 6,542,667 8,304,392
Other current assets and prepaid expenses 788,409 59,249
Total current assets 8,688,213 9,101,875
Licensing right to use technology 495,000
Property and equipment, net 244,872 253,184
TOTAL ASSETS 9,428,085 9,355,059
Current liabilities    
Accounts payable 1,164,672 842,039
Accrued expenses 1,533,102 1,257,762
Deferred revenue 2,263,294
Stock to be issued to a vendor 144,000
Loans from related parties and others 34,536 33,124
Loan payable 263,604
Total current liabilities 5,403,208 2,132,925
Liabilities related to warrants 5,677,934
Total long-term liabilities 0 5,677,934
Commitments and contingencies
Shareholders' equity    
Preferred Stock, $0.0001 par value per share: 10,000,000 shares authorized, 0 shares issued and outstanding
Common Stock, $0.0001 par value per share: 100,000,000 shares authorized, 8,714,815 and 8,397,056 shares issued and outstanding as of March 31, 2019 and March 31, 2018, respectively 871 840
Treasury stock (25,000) (25,000)
Additional paid-in capital 41,693,578 32,141,110
Accumulated deficit (37,644,572) (30,569,764)
Accumulated other comprehensive loss (2,986)
Total shareholders' equity 4,024,877 1,544,200
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 9,428,085 $ 9,355,059