Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Sep. 30, 2021
Mar. 31, 2021
Current assets:    
Cash $ 26,768,196 $ 31,865,371
Prepaid expenses and other receivables 1,364,458 1,269,513
Accounts receivable - related party 503,554 0
Inventory 1,115,226 850,622
Total current assets 29,751,434 33,985,506
Other assets:    
Property and equipment, net of accumulated depreciation 351,538 202,145
Intangible assets, net of accumulated amortization 1,491,068 1,055,256
Total other assets 1,842,606 1,257,401
Total assets 31,594,040 35,242,907
Current liabilities:    
Accounts payable 151,392 253,694
Liability due to related parties 0 148,795
Other liabilities and accrued expenses 602,669 180,552
Notes payable, current portion 15,829,764 5,733,370
Deferred revenue 624,588 103,470
Total current liabilities 17,208,413 6,419,881
Non-current portion of notes payable 8,794,846 19,188,724
Non-current portion of deferred revenue 1,224,797 1,276,130
Total non-current liabilities 10,019,643 20,464,854
Total liabilities 27,228,056 26,884,735
Stockholders’ equity:    
Common stock, $0.001 par value, 42,000,000 shares authorized and 23,308,049 and 22,941,157 shares issued and outstanding at September 30, 2021 and March 31, 2021, respectively 23,308 22,941
Additional paid-in capital 35,007,626 32,044,335
Accumulated deficit (30,682,660) (23,844,671)
Accumulated other comprehensive income 17,710 135,567
Total stockholders’ equity 4,365,984 8,358,172
Total liabilities and stockholders’ equity $ 31,594,040 $ 35,242,907