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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Cash Flows from operating activities    
Net loss $ (13,878,936) $ (18,632,761)
Adjustments to reconcile net loss to net cash used in operating activities:    
Gain on PPP note forgiveness (368,780)
Loss on debt extinguishment 1,321,450
Stock-based compensation expense 2,724,048 4,031,902
Depreciation and amortization 152,399 117,490
Accrued interest 666,338
Shares issued for services 202,669 395,950
Amortization of debt issuance costs 1,833,618
Other 274
Changes in assets and liabilities:    
Prepaid expenses and other assets (14,384) 65,652
Lease right-of-use assets 203,047 79,431
Accounts payable and accrued expenses (200,762) 354,948
Change in lease liabilities (199,725) (125,040)
Net cash used in operating activities (11,011,644) (10,259,528)
Cash flows from investing activities    
Purchases of property and equipment (1,637,751) (54,764)
Net cash used in investing activities (1,637,751) (54,764)
Cash flows from financing activities    
Proceeds from private placement, net 250,000
Proceeds from issuance of convertible notes, net 4,137,199
Proceeds from issuance of promissory note 2,100,000
Repayment of promissory note (2,100,000)
Proceeds from issuance of common stock and warrants, net 7,372,347 13,535,000
Net cash provided by financing activities 7,372,347 17,922,199
Net increase (decrease) in cash and cash equivalents (5,277,048) 7,607,907
Cash and cash equivalents, at beginning of year 9,076,372 1,468,465
Cash and cash equivalents, at end of year 3,799,324 9,076,372
Noncash investing and financing activities:    
Right of use asset obtained in exchange for lease liabilities 1,560,101
Fair value of detachable warrants issued with convertible notes 3,700,632
Conversion of convertible notes and accrued interest into common stock 7,253,876
Cash paid for:    
Income taxes 1,600 1,600
Interest paid $ 262,000