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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
3 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Cash flows used in operating activities:    
Net loss $ (3,282,179) $ (2,906,081)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 90,325 30,650
Stock based compensation 250,114 215,437
Accretion of right-of-use lease asset 1,238 7,800
Changes in operating assets and liabilities:    
Prepaid expenses and other current assets 146,409 99,336
Accounts receivable 0 13,116
Accounts payable and other current liabilities 334,613 (310,327)
Deferred revenue 0 114,849
Due to related parties (22,907) 6,303
Net cash used in operating activities (2,482,387) (2,728,917)
Cash flows used in investing activities:    
Purchases of property and equipment (230,383) (41,169)
Net cash used in investing activities (230,383) (41,169)
Cash flows provided by financing activities:    
Proceeds from the issuance of common stock, net 1,086,119 619,442
Tax withholding payments or tax equivalent payments for net share settlement of restricted stock units and net stock option expense (8,372) 0
Net cash provided by financing activities 1,077,747 619,442
Effect of exchange rate on changes on cash (186) 0
Net decrease in cash and restricted cash (1,635,209) (2,150,644)
Cash and restricted cash at beginning of period 14,620,449 17,159,925
Cash and restricted cash 12,985,240 15,009,281
Supplemental disclosures of non-cash investing and financing activities:    
Par value of shares issued for vested restricted stock units and net stock option exercise 64 0
Reconciliation of cash, cash equivalents and restricted cash to the condensed consolidated balance sheets:    
Cash and cash equivalents 12,897,734 14,921,775
Restricted cash $ 87,506 $ 87,506