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Lease Commitments | 12 Months Ended
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Mar. 31, 2019
Commitments and Contingencies Disclosure [Abstract] |
Lease Commitments | 14. Lease Commitments The Company leases its principal office space. On May 15, 2018, the Company agreed to a three year lease. The following table summarizes, by fiscal year, future payments the Company is obligated to make based on the lease commitments in place as of March 31, 2019:
|  | Commitment Amount (1) |
Fiscal Year 2020 |  | $ | 48,810 |
Fiscal Year 2021 |  | $ | 49,586 |
Fiscal Year 2022 |  | $ | 8,286 |
| (1) | The total commitment for the remainder of the lease is $141,385 which includes $34,703 billed to and reimbursed by the Company’s principal shareholder for his portion of the shared office space.
Lease expense for the year ended March 31, 2019 was $44,028 and $23,440 for the year ended March 31, 2018.

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- Definition The entire disclosure for significant arrangements with third parties, which includes operating lease arrangements and arrangements in which the entity has agreed to expend funds to procure goods or services, or has agreed to commit resources to supply goods or services, and operating lease arrangements. Descriptions may include identification of the specific goods and services, period of time covered, minimum quantities and amounts, and cancellation rights. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 440 -URI http://asc.fasb.org/topic&trid=2144648 + Details
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