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LEASES (Tables)

6 Months Ended

Sep. 30, 2021

LEASES

Schedule of right-of-use assets and lease liabilities

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​	​	​	​	​	​	​
​		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

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​	​	​	​	​	​	​
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

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​	​	​	​	​	​	​
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

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​	​	​	​
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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Schedule Of Supplementary Cash Flow Information Pertaining to Leases.

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Schedule of other supplemental information related to leases.

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Schedule of supplemental balance sheet information related to leases.

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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

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