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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Jun. 30, 2022
Mar. 31, 2022
CURRENT ASSETS    
Cash and cash equivalents $ 13,697,075 $ 9,076,372
Prepaid expenses and other 262,014 313,422
TOTAL CURRENT ASSETS 13,959,089 9,389,794
Property and equipment, net 283,773 235,959
Right of use asset, net 98,539 120,693
Security deposit 100,000 100,000
TOTAL NON-CURRENT ASSETS 482,312 456,652
TOTAL ASSETS 14,441,401 9,846,446
CURRENT LIABILITIES    
Accounts payable 487,251 299,951
Accrued expenses 353,586 524,891
Short-term lease liability 150,073 144,857
TOTAL CURRENT LIABILITIES 990,910 969,699
LONG-TERM LIABILITIES    
Long-term lease liability 39,957
TOTAL LIABILITIES 990,910 1,009,656
STOCKHOLDERS’ EQUITY    
Preferred Stock, $0.001 par value, 5,000,000 shares authorized, none issued and outstanding
Common Stock, $0.001 par value, 50,000,000 shares authorized; 10,914,348 and 10,461,898 shares issued and outstanding as of June 30, 2022 and March 31, 2022, respectively 10,914 10,462
Additional paid-in capital 51,518,139 43,406,099
Accumulated deficit (38,078,562) (34,579,771)
TOTAL STOCKHOLDERS’ EQUITY 13,450,491 8,836,790
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 14,441,401 $ 9,846,446