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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Sep. 30, 2022
Mar. 31, 2022
CURRENT ASSETS    
Cash and cash equivalents $ 10,840,597 $ 9,076,372
Prepaid expenses and other 164,566 313,422
TOTAL CURRENT ASSETS 11,005,163 9,389,794
Property and equipment, net 257,053 235,959
Right of use asset, net 75,421 120,693
Security deposit 100,000 100,000
TOTAL NON-CURRENT ASSETS 432,474 456,652
TOTAL ASSETS 11,437,637 9,846,446
CURRENT LIABILITIES    
Accounts payable 244,626 299,951
Accrued expenses 336,119 524,891
Short-term lease liability 114,368 144,857
TOTAL CURRENT LIABILITIES 695,113 969,699
LONG-TERM LIABILITIES’    
Long-term lease liability 39,957
TOTAL LIABILITIES 695,113 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; 10,925,723 and 10,461,898 shares issued and outstanding as of September 30, 2022 and March 31, 2022, respectively 10,926 10,462
Additional paid-in capital 52,260,567 43,406,099
Accumulated deficit (41,528,969) (34,579,771)
TOTAL STOCKHOLDERS’ EQUITY 10,742,524 8,836,790
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 11,437,637 $ 9,846,446