Right of Use Assets and Operating Lease Liability (Tables)

3 Months Ended

Jun. 30, 2024

Disclosure Text Block [Abstract]

Lease, Cost [Table Text Block]

Right to use assets is summarized below:

	June 30, 2024			March 31, 2024
Right to use asset	$	1,830,857		$	1,830,857
Less: Accumulated amortization		(558,157	)		(506,394	)
Right to use assets, net	$	1,272,700		$	1,324,463

Lessee, Operating Lease, Liability, to be Paid, Maturity [Table Text Block]

The following table reconciles the undiscounted future minimum lease payments (displayed by year and in the aggregate) under non-cancelable operating leases with terms of more than one year to the total lease liabilities recognized on the unaudited condensed consolidated balance sheet as of June 30, 2024:

Remaining payments in fiscal 2025	$	191,130
2026		267,767
2027		277,000
2028		277,000
2029		277,000
Thereafter		115,416
Total undiscounted future minimum lease payments		1,405,313
Less: Difference between undiscounted lease payments and discounted lease liabilities		(132,613	)
Present value of net minimum lease payments		1,272,700
Less current portion		(204,064	)
Operating lease liabilities – long-term	$	1,068,636