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Significant Accounting Policies (Tables)

9 Months Ended

Dec. 31, 2019

Significant Accounting Policies

Schedule of operating lease right-of-use assets and liabilities

Description		Location on Balance Sheet		December 31, 2019
Assets:
Non-current
Office Leases		Other non-current assets		$	1,107,262
Liabilities:
Current
Office Leases		Current portion of long-term operating leases		$	393,523
Long-term
Office Leases		Other long-term liabilities		$	717,150

Schedule of maturities of operating lease liabilities

Maturities of operating lease liabilities as of December 31, 2019 are as follows:

Remainder FY 2020		$	109,820
FY 2021			441,252
FY 2022			451,124
FY 2023			182,101
Total lease payments			1,184,297
Less: imputed interest			(73,624)
Carrying value of lease liabilities		$	1,110,673

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- Definition

Tabular disclosure of lessee's balance sheet disclosures.

+ References

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- Definition

Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 842
-SubTopic 20
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=77888426&loc=SL77918701-209980

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