CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) |
12 Months Ended | |
|---|---|---|
Mar. 31, 2021 |
Mar. 31, 2020 |
|
| CONSOLIDATED STATEMENTS OF OPERATIONS | ||
| Revenue | $ 750,000 | $ 0 |
| Operating expenses: | ||
| Consulting expense | 1,469,171 | 2,832,672 |
| General and administrative expense | 359,259 | 320,940 |
| Research and development | 321,938 | 293,709 |
| Income (loss) from operations | (1,400,368) | (3,447,311) |
| Other income (expense): | ||
| Interest income | 5 | 6 |
| Interest expense | (269,382) | (86,632) |
| Finance costs | (19,411) | 0 |
| Gain on debt forgiveness | 151,308 | 0 |
| Other expense | (369) | 0 |
| Original interest debt discount | (67,250) | |
| Gain on change in fair value of derivative liabilities | 646,705 | (470,216) |
| Total other income (expense) | 441,601 | (556,848) |
| Net income (loss) before income tax | (958,767) | (4,004,153) |
| Income tax | 0 | 0 |
| Net income (loss) | $ (958,767) | $ (4,004,153) |
| Net income (loss) per share, basic and diluted | $ (0.01) | $ (0.12) |
| Weighted average number of shares outstanding, basic and diluted | 72,342,193 | 34,392,716 |