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Related Party Transactions
6 Months Ended
Sep. 30, 2024
Related Party Transactions [Abstract]  
Related Party Transactions

8. Related Party Transactions

 

Related party transactions for the Company primarily relate to shared office expenditures in addition to administrative and operating expenses paid on behalf of the principal stockholder. The total billed to and reimbursed by the stockholder for the three months ended September 30, 2024 and 2023 was $1,250 and $8,612, respectively. The total billed to and reimbursed by the stockholder for the six months ended September 30, 2024 and 2023 was $5,288 and $17,994, respectively. The principal stockholder pays for his share of the lease amount for the shared office space directly to the lessor. Amounts paid by the principal stockholder directly to the lessor for the three months ending September 30, 2024 and 2023 were $2,994 and $3,893, respectively. Amounts paid by the principal stockholder directly to the lessor for the six months ending September 30, 2024 and 2023 were $6,887 and $7,786, respectively.