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Consolidated Statements of Operations - USD ($)
12 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Mar. 31, 2023
Net revenues $ 49,401,547 $ 53,942,076 $ 63,149,673
Cost of revenues 6,468,031 7,660,541 9,116,939
Gross profit 42,933,516 46,281,535 54,032,734
Operating expenses      
Selling and marketing 610,926 190,420 2,187,466
Corporate general and administrative 70,594,542 23,436,308 18,965,699
Employee salaries and related expenses 17,851,628 16,063,506 17,811,873
Depreciation and amortization expense 13,589,698 13,034,306 12,700,436
Total operating expenses 102,646,794 52,724,540 51,665,474
Income/(loss) from operations (59,713,278) (6,443,005) 2,367,260
Other expenses      
Other income/(expense) 860,293 (174,447) (13,868)
Interest expense (82,173) 318,984 (77,806)
Total other income/(expense) 778,120 144,537 (91,674)
Income/(loss) before income taxes from continuing operations (58,935,158) (6,298,468) 2,275,586
Provision (benefit) for income taxes 6,286,305 (948,292) (1,347,055)
Net income/(loss) from continuing operations (65,221,463) (5,350,176) 3,622,641
Preferred stock dividend (3,105,036) (3,122,049) (3,105,034)
Net loss before discontinued operations (68,326,499) (8,472,225) 517,607
Loss from discontinued operations, net of tax (65,612,137) (11,243,433) (12,389,327)
Net loss attributable to common stock shareholders $ (133,938,636) $ (19,715,658) $ (11,871,720)
Basic loss per share of common stock:      
Continuing operations $ (0.58) $ (0.07) $ 0
Discontinued operations (0.56) (0.1) (0.11)
Total basic loss per share of common stock (1.14) (0.17) (0.11)
Diluted loss per share of common stock:      
Continuing operations (0.58) (0.07) 0
Discontinued operations (0.56) (0.1) (0.11)
Total diluted loss per share of common stock $ (1.14) $ (0.17) $ (0.11)
Weighted average number of shares outstanding      
Basic 117,642,232 118,249,486 117,177,885
Diluted 117,642,232 118,249,486 117,177,885