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v3.21.2

LEASES (Tables) | 6 Months Ended
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Sep. 30, 2021
LEASES |
Schedule of right-of-use assets and lease liabilities | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | September 30, 2021 |  | March 31, 2021
Right of use asset – operating lease | ​ | $ | 6,655,724 | ​ | $ | —
Right of use asset – finance leases | ​ | ​ | 98,704 | ​ | ​ | 45,663
Amortization | ​ |  | (73,268) | ​ |  | —
Right of use asset, net | ​ | $ | 6,681,160 | ​ | $ | 45,663
Lease liability – operating lease | ​ | $ | 6,590,614 | ​ | $ | —
Lease liability – finance leases | ​ | $ | 108,205 | ​ | $ | 45,663
Total lease liability | ​ | $ | 6,698,819 | ​ | $ | 45,663
Schedule of supplemental Information of leases | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
Components of lease expense for the six months ended: |  | September 30, 2021 |  | September 30, 2020
Operating lease amortization | ​ | $ | 68,702 | ​ | $ | 1,883
Finance lease amortization | ​ | $ | 4,566 | ​ | $ | 5,438
Finance lease interest | ​ | $ | 1,212 | ​ | $ | 793
​
​ | ​ | ​ | ​ | ​ | ​ | ​
Weighted average lease term and discount rate at: |  | September 30, 2021 | ​ |  | September 30, 2020 | ​
Lease term (years) – operating lease | ​ | 8.75 | ​ | ​ | — | ​
Lease term (years) – finance leases |  | 2.82 | ​ |  | 1.75 | ​
Lease rate – operating lease | ​ | 4.5 | % | ​ | — | ​
Lease rate – finance leases |  | 3.9 | % |  | 8.0 | %
Schedule of supplemental cash flow information | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
Supplemental cash flow information related to leases for the six months ended: |  | September 30, 2021 |  | September 30, 2020
Cash used in operating activities | ​ | $ | 66,023 | ​ | $ | 1,883
Cash used in financing activities | ​ | $ | 475,440 | ​ | $ | 5,807
Schedule of maturities of lease liabilities | ​
​ | ​ | ​ | ​
2022 |  | $ | 818,817
2023 | ​ | ​ | 925,766
2024 | ​ | ​ | 951,171
2025 | ​ | ​ | 948,701
2026 | ​ | ​ | 943,752
Thereafter | ​ | ​ | 3,520,506
Total lease payments | ​ | $ | 8,108,713
Less: imputed interest | ​ | ​ | 1,409,894
Total | ​ | $ | 6,698,819

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- Definition Schedule Of Supplementary Cash Flow Information Pertaining to Leases. + References No definition available. + Details
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- Definition Schedule of other supplemental information related to leases. + References No definition available. + Details
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- Definition Schedule of supplemental balance sheet information related to leases. + References No definition available. + Details
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- Definition Tabular disclosure of undiscounted cash flows of finance lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to finance 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=123408670&loc=SL77918701-209980 + Details
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