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LEASES (Tables)

12 Months Ended

Mar. 31, 2023

LEASES

Schedule of right-of-use assets and lease liabilities

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​	​	​	​	​	​	​
​		March 31, 2023			March 31, 2022
Finance lease:		​	​	​	​
Right of use asset – operating lease	​	$	6,629,396	​	$	6,649,744
Right of use asset – finance leases	​	​	65,016	​		125,032
Amortization	​	​	(1,033,474)	​	​	(391,161)
Right of use asset, net	​	$	5,660,938	​	$	6,383,615
Lease liability – operating lease	​	$	5,819,365	​	$	6,374,691
Lease liability – finance leases	​	​	36,336	​	​	72,908
Total lease liability	​	$	5,855,701	​	$	6,447,599

Schedule of supplemental Information of leases

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​	​	​	​	​	​	​
Components of lease expense for the year ended:		March 31, 2023			March 31, 2022
Operating lease amortization	​	$	638,732	​	$	363,206
Finance lease amortization	​	$	20,829	​	$	27,955
Finance lease interest	​	$	1,536	​	$	1,851

​

​	​	​	​	​	​
Weighted average lease term and discount rate at:		March 31, 2023		March 31, 2022
Lease term (years) – operating lease		7.25	​	8.25	​
Lease term (years) – finance lease	​	0.75	​	2.48	​
Lease rate – operating lease	​	4.5	%	4.5	%
Lease rate – finance lease		4.5	%	3.9	%

Schedule of supplemental cash flow information

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​	​	​	​	​	​	​
Supplemental cash flow information related to leases for the year ended:		March 31, 2023			March 31, 2022
Cash used in operating activities	​	$	851,806	​	$	448,206
Cash used in financing activities	​	$	36,572	​	$	508,806

​

Schedule of maturities of lease liabilities

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​	​	​	​
2023		$	957,495
2024	​		948,701
2025	​		948,702
2026	​		938,801
2027	​		938,802
Thereafter	​		2,111,578
Total lease payments	​	$	6,844,079
Less: imputed interest	​		988,378
Total	​	$	5,855,701

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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 https://asc.fasb.org/extlink&oid=128292326&loc=SL77918701-209980

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