RELATED PARTY TRANSACTIONS

3 Months Ended

Jun. 30, 2024

Related Party Transactions [Abstract]

RELATED PARTY TRANSACTIONS

6. RELATED PARTY TRANSACTIONS

During the three months ended June 30, 2024, we accrued unpaid fees of $68,250 owed to our non-employee directors.

As a result of entering into a Separation Agreement effective July 1, 2024 with a former employee, we paid out accrued vacation of $9,688 in the three months ended June 30, 2024. That accrued vacation was previously recorded in the due to related parties account. In addition, pursuant to the terms of the Separation Agreement, we accrued $323,534 for salary and related expenses connected with the Separation Agreement. Accrued separation expenses includes a balance of approximately $186,000 owed to our former Chief Executive Officer, as stipulated in his Separation Agreement.

Amounts due to related parties were comprised of the following items:

	June 30, 2024		March 31, 2024
Accrued Board fees	$	68,250	$	68,250
Accrued vacation to all employees		154,816		167,973
Accrued separation expenses		509,452		310,211
Total due to related parties	$	732,518	$	546,434