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LEASE RIGHT-OF-USE ASSET AND LEASE LIABILITIES (Tables)
9 Months Ended
Dec. 31, 2021
Lease Right-of-use Asset And Lease Liabilities  
SCHEDULE OF LEASE COST

The Following table summarizes the components of lease expense:

 

   2021   2020   2021   2020 
   Three months ended
December 31,
   Nine months ended
December 31,
 
   2021   2020   2021   2020 
Operating lease cost   968,170    444,162    2,878,730    668,883 
Short-term lease cost   20,955    -    62,799    - 
 Lease Cost  $989,125   $444,162    2,941,529    668,883 
SCHEDULE OF SUPPLEMENTAL INFORMATION RELATED TO LEASES

The following table summarizes supplemental information related to leases:

 

   2021   2020   2021   2020 
   Three months ended
December 31,
   Nine months ended
December 31,
 
   2021   2020   2021   2020 
Cash paid for amounts included in the measurement of lease liabilities                    
Operating cash flow from operating leases  $989,170   $444,162    2,941,529    668,883 
Right-of-use assets obtained in exchange for new operating leases liabilities   (3,390)   10,378,042    3,42,457    10,404,962 
Weighted average remaining lease term - Operating leases (years)   2.0    3.1    2.0    3.1 
Weighted average discount rate - Operating leases   4.75%   4.35%   4.75%   4.35%
SCHEDULE OF OPERATING LEASE LIABILITY

The following table summarizes the maturity of operating lease liabilities:

 

Years ending December 31  Lease cost 
2022  $3,877,767 
2023   3,857,516 
2024   103,853 
      
Total lease payments   7,839,136 
Less: Interest   (531,253)
Total  $7,307,883