XML 16 R6.htm IDEA: XBRL DOCUMENT v3.20.2
Condensed Consolidated Statements of Shareholders' Change in Equity (Deficiency) (Unaudited) - USD ($)
Preferred Stock
Common Stock
Additional Paid-in Capital
Accumulated Deficit
Accumulated Other Comprehensive Income
Total iFresh Stockholders’ Equity (deficiency)
Noncontrolling Interest
Total
Balance at Mar. 31, 2019 $ 1,674 $ 14,933,829 $ (15,967,482) $ (1,031,979) $ (1,031,979)
Balance (in Shares) at Mar. 31, 2019 16,737,685            
Capital contribution     1,119,421     1,119,421   1,119,421
Net income (loss)       (3,368,126)   (3,368,126)   (3,368,126)
Common stock issued in connection of warrants exercise   $ 117 1,450,683     1,450,800   1,450,800
Common stock issued in connection of warrants exercise (in Shares)   1,170,000            
Stock issued for service   $ 44 470,398     470,442   470,442
Stock issued for service (in Shares)   443,813            
Balance at Jun. 30, 2019 $ 1,835 17,974,330 (19,335,608) (1,359,442) (1,359,442)
Balance (in Shares) at Jun. 30, 2019 18,351,498            
Balance at Mar. 31, 2020 $ 3,500,000 $ 1,866 18,202,323 (24,254,336) (2,550,147) (2,550,147)
Balance (in Shares) at Mar. 31, 2020 1,000 18,658,547            
Stock issued for business acquisition $ 4,908,539 $ 1,901 6,052,335   10,962,775 579,855 11,542,630
Stock issued for business acquisition (in Shares) 1,000 4,752,372            
Stock issued for stock purchase agreement   $ 178 2,499,822     2,500,000   2,500,000
Stock issued for stock purchase agreement (in Shares)   1,783,167            
Net income (loss)     3,603,388   3,603,388 (5,918) 3,597,470
Foreign currency translation adjustment     21,560 21,560 420 21,980
Balance at Jun. 30, 2020 $ 8,408,539 $ 3,945 $ 26,754,480 $ (20,650,949) $ 21,560 $ 14,537,575 $ 574,358 $ 15,111,933
Balance (in Shares) at Jun. 30, 2020 2,000 25,194,086