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Promissory Note | 12 Months Ended
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Mar. 31, 2023
Promissory Note [Abstract] |
PROMISSORY NOTE | NOTE 6 – PROMISSORY NOTE In October 2021, the Company issued a secured promissory note (the Bridge Note) to Manchester Explorer, L.P. (Explorer) that provided the Company with a $3,000,000 revolving credit facility with all amounts being drawn down by the Company thereunder being due and payable, subject to acceleration in the event of a default, on March 15, 2022 (the Maturity Date). Interest at the rate of 12% was payable on each drawn down without regard to the draw down date or the date when interest is paid. During fiscal 2022, the Company made draws on the Bridge Note of $2,100,000 and incurred interest charges of $252,000. In February 2022, subsequent to the completion of the 2022 Offering (see Note 7), the Bridge Note and accrued interest was paid in full.

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