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Lease Commitments
12 Months Ended
Mar. 31, 2019
Commitments and Contingencies Disclosure [Abstract]  
Lease Commitments

14. Lease Commitments

 

The Company leases its principal office space. On May 15, 2018, the Company agreed to a three year lease. The following table summarizes, by fiscal year, future payments the Company is obligated to make based on the lease commitments in place as of March 31, 2019:

 

    Commitment Amount (1)  
Fiscal Year 2020   $ 48,810  
Fiscal Year 2021   $ 49,586  
Fiscal Year 2022   $ 8,286  

 

  (1) The total commitment for the remainder of the lease is $141,385 which includes $34,703 billed to and reimbursed by the Company’s principal shareholder for his portion of the shared office space.

 

Lease expense for the year ended March 31, 2019 was $44,028 and $23,440 for the year ended March 31, 2018.