ACQUISITION, TECHNOLOGY AND OTHER ASSETS (Details 1) - USD ($)
|
1 Months Ended |
|
|
|
Apr. 21, 2016 |
Jun. 30, 2018 |
Mar. 31, 2018 |
Mar. 31, 2017 |
| Business Acquisition [Line Items] |
|
|
|
|
|
| Fair value of 23,650,000 shares of common stock |
[1] |
$ 23,177,000
|
|
|
|
| Fair value of vested stock options |
[2] |
2,582,890
|
|
|
|
| Allocation of purchase price: |
|
25,759,890
|
|
|
|
| Cash and cash equivalents |
|
266,635
|
|
|
|
| Accounts receivable |
|
6,490
|
|
|
|
| Inventories |
|
188,879
|
|
|
|
| Prepaid expenses and other current assets |
|
16,839
|
|
|
|
| Equipment |
|
59,749
|
|
|
|
| Liabilities assumed: |
|
|
|
|
|
| Accounts payable |
|
(241,299)
|
|
|
|
| Accrued liabilities |
|
(361,029)
|
|
|
|
| Customer deposits |
|
(86,487)
|
|
|
|
| Demand notes payable |
|
(324,894)
|
|
|
|
| Promissory notes payable |
|
(217,808)
|
|
|
|
| Bionik advance |
|
(1,436,164)
|
|
|
|
| Net assets acquired |
|
(2,129,089)
|
|
|
|
| Goodwill |
|
22,308,275
|
$ 22,308,275
|
$ 22,308,275
|
$ 22,308,275
|
| Total Allocation of purchase price |
|
25,759,890
|
|
|
|
| Patents and exclusive License Agreement [Member] |
|
|
|
|
|
| Liabilities assumed: |
|
|
|
|
|
| Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill |
|
1,306,031
|
|
|
|
| Customer Relationships [Member] |
|
|
|
|
|
| Liabilities assumed: |
|
|
|
|
|
| Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill |
|
1,431,680
|
|
|
|
| Non compete agreement [Member] |
|
|
|
|
|
| Liabilities assumed: |
|
|
|
|
|
| Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill |
|
61,366
|
|
|
|
| Assembled Workforce [Member] |
|
|
|
|
|
| Liabilities assumed: |
|
|
|
|
|
| Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill |
|
275,720
|
|
|
|
| Trademarks [Member] |
|
|
|
|
|
| Liabilities assumed: |
|
|
|
|
|
| Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill |
|
$ 2,505,907
|
|
|
|
|
|