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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Net revenues $ 11,984,314 $ 11,983,021 $ 23,841,540 $ 24,265,012
Cost of revenues 1,543,235 1,569,311 3,065,483 3,314,101
Gross Profit 10,441,079 10,413,710 20,776,057 20,950,911
Operating Expenses        
Selling and marketing 71,409 121,851 127,940 205,255
Corporate general and administrative 2,839,534 8,123,917 10,177,470 16,756,870
Employee salaries and related expenses 3,247,521 4,818,080 8,688,686 9,528,486
Depreciation and amortization expense 3,575,591 3,375,476 7,085,612 6,721,279
Total operating expenses 9,734,055 16,439,324 26,079,708 33,211,890
Income (loss) from Operations 707,024 (6,025,614) (5,303,651) (12,260,979)
Other Income (Expense)        
Other income 825,506 202,853 1,321,818 455,085
Gain on the extinguishment of debt 801,894 801,894
Interest expense (929,596) (45,444) (1,277,926) (90,922)
Total other income (expense) 697,804 157,409 845,786 364,163
Income (loss) before income taxes from continuing operations 1,404,828 (5,868,205) (4,457,865) (11,896,816)
Provision for income taxes 5,968,414
Net income (loss) from continuing operations 1,404,828 (5,868,205) (4,457,865) (17,865,230)
Preferred stock dividend (748,611) (782,640) (1,522,743) (1,556,773)
Net income (loss) before discontinued operations 656,217 (6,650,845) (5,980,608) (19,422,003)
Loss from discontinued operations, net of tax 0 (6,559,908) (595,634) [1] (9,322,858)
Net income (loss) attributable to common stock shareholders $ 656,217 $ (13,210,753) $ (6,576,242) $ (28,744,861)
Basic income (loss) per share of common stock:        
Continuing operations $ 0.01 $ (0.06) $ (0.05) $ (0.16)
Discontinued operations 0 (0.05) (0.01) (0.08)
Total basic income (loss) per share of common stock 0.01 (0.11) (0.06) (0.24)
Diluted income (loss) per share of common stock:        
Continuing operations 0.01 (0.06) (0.05) (0.16)
Discontinued operations 0 (0.05) (0.01) (0.08)
Total diluted income (loss) per share of common stock $ 0.01 $ (0.11) $ (0.06) $ (0.24)
Weighted average number of shares outstanding        
Basic 117,110,827 118,728,976 116,976,725 118,916,210
Diluted 117,700,922 118,728,976 116,976,725 118,916,210
[1] Reflects results from April 1, 2025 through April 18, 2025 only.