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Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2020
Mar. 31, 2020
CURRENT ASSETS    
Cash and cash equivalents $ 3,141,240 $ 3,122,134
Other current assets 38,269 64,159
TOTAL CURRENT ASSETS 3,179,509 3,186,293
Property and equipment, net 289,256 301,308
Right of use asset, net 251,357 270,950
Security deposit 100,000 100,000
TOTAL NON-CURRENT ASSETS 640,613 672,258
TOTAL ASSETS 3,820,122 3,858,551
CURRENT LIABILITIES    
Accounts payable 255,214 367,019
Accrued expenses 196,359 202,160
Short-term lease liability 112,397 92,214
PPP note payable, current portion 163,902 0
TOTAL CURRENT LIABILITIES 727,872 661,393
LONG-TERM LIABILITIES    
Long-term lease liability 279,757 178,736
Bonus payable 140,000 140,000
PPP note payable, not of current portion 204,878 0
TOTAL LONG TERM LIABILITIES 624,635 318,736
TOTAL LIABILITIES 1,352,507 980,129
Commitments and Contingencies
STOCKHOLDERS' EQUITY    
Preferred Stock, $0.001 par value, 5,000,000 shares authorized, none issued and outstanding 0 0
Common Stock, $0.001 par value, 50,000,000 shares authorized; 18,600,158 and 17,870,261 shares issued and outstanding as of June 30, 2020 and March 31, 2020, respectively 18,600 17,870
Additional paid-in capital 12,892,206 10,505,592
Common stock issuable 0 923,994
Accumulated deficit (10,443,191) (8,569,034)
TOTAL STOCKHOLDERS' EQUITY 2,467,615 2,878,422
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 3,820,122 $ 3,858,551