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COMMITMENTS AND CONTINGENCIES (Tables) | 9 Months Ended | 12 Months Ended
--- | --- | ---
Dec. 31, 2021 | Mar. 31, 2021
Commitments and Contingencies Disclosure [Abstract] |  |
SCHEDULE OF SUPPLEMENTAL INFORMATION RELATED TO LEASES | Supplemental balance sheet information related to leases as of December 31, 2021 is as follows: SCHEDULE OF SUPPLEMENTAL INFORMATION RELATED TO LEASES
Assets: |  |  |  |
Operating lease - right-of-use assets |  | $ | 1,488,258 |
Finance leases as a component of Property and equipment, net of accumulated depreciation of $1,735 |  |  | 18,278 |
Liabilities |  |  |  |
Current |  |  |  |
Current portion of operating leases |  | $ | 860,528 |
Current portion of finance leases |  |  | 7,421 |
Noncurrent |  |  |  |
Operating lease liabilities, net of current portion |  | $ | 685,304 |
Finance leases, net of current portion |  |  | 12,592 |
| Supplemental balance sheet information related to leases as of March 31, 2021 is as follows: SCHEDULE OF SUPPLEMENTAL INFORMATION RELATED TO LEASES
|  |  | 1 |
Assets: |  |  |  |
Operating lease - right-of-use assets |  | $ | 2,074,115 |
Finance leases as a component of property and equipment, net of accumulated depreciation of $18,136 |  |  | 25,390 |
Liabilities |  |  |  |
Current |  |  |  |
Current portion of operating leases |  | $ | 794,938 |
Current portion of finance leases |  |  | 2,546 |
Noncurrent |  |  |  |
Operating lease liabilities, net of current portion |  | $ | 1,334,010 |
Finance leases, net of current portion |  |  | - |
SCHEDULE OF LEASE TERM AND DISCOUNT RATE | Supplemental statement of operations information related to leases for the three and nine months ended December 31, 2021 is as follows: SCHEDULE OF LEASE TERM AND DISCOUNT RATE
|  | Three Months Ended |  |  | Nine Months Ended |
|  | December 31, 2021 |  |  | December 31, 2021 |
Operating lease expense as a component of general and administrative expenses |  | $ | 140,016 |  |  | $ | 604,347 |
Finance lease cost |  |  |  |  |  |  |  |
Depreciation of leased assets as a component of depreciation |  | $ | 1,041 |  |  | $ | 1,735 |
Interest on lease liabilities as a component of interest expense |  | $ | 692 |  |  | $ | 1,068 |
| Supplemental statement of operations information related to leases for the fiscal year ended March 31, 2021 is as follows: SCHEDULE OF LEASE TERM AND DISCOUNT RATE
|  | Fiscal Year Ended |
|  | March 31, 2021 |
Operating lease expense as a component of general and administrative expenses |  | $ | 790,715 |
Finance lease cost |  |  |  |
Depreciation of leased assets as a component of depreciation |  | $ | 6,218 |
Interest on lease liabilities as a component of interest expense |  | $ | 370 |
SCHEDULE OF SUPPLEMENTAL CASH FLOW INFORMATION | Supplemental cash flow information related to leases for the nine months ended December 31, 2021 is as follows: SCHEDULE OF SUPPLEMENTAL CASH FLOW INFORMATION
Cash paid for amounts included in the measurement of lease liabilities: |  |  |  |  |  |  |  |
Operating cash flow paid for operating leases |  |  |  |  |  | $ | 693,657 |
Financing cash flow paid for finance leases |  |  |  |  |  | $ | 6,184 |
Lease term and Discount Rate |  |  |  |  |  |  |  |
Weighted average remaining lease term (months) |  |  |  |  |  |  |  |
Operating leases |  |  | 21.1 |  |  |  |  |
Finance leases |  |  | 31.0 |  |  |  |  |
Weighted average discount rate |  |  |  |  |  |  |  |
Operating leases |  |  | 6.25 | % |  |  |  |
Finance leases |  |  | 9.86 | % |  |  |  |
| Supplemental cash flow information related to leases for the nine months ended March 31, 2021 is as follows: SCHEDULE OF SUPPLEMENTAL CASH FLOW INFORMATION
|  | Fiscal Year Ended |
|  | March 31, 2021 |
Cash paid for amounts included in the measurement of lease liabilities: |  |  |  |
Operating cash flow paid for operating leases |  | $ | 805,662 |
Financing cash flow paid for finance leases |  | $ | 14,957 |
Lease term and Discount Rate |  |  |  |
Weighted average remaining lease term (months) |  |  | 30.0 |
Operating leases |  |  | 2.0 |
Finance leases |  |  |  |
Weighted average discount rate |  |  |  |
Operating leases |  |  | 6.25 | %
Finance leases |  |  | 3.68 | %
SCHEDULE OF FUTURE MINIMUM RENTAL PAYMENTS FOR OPERATING AND FINANCE LEASES | Scheduled maturities of operating and finance lease liabilities outstanding as of December 31, 2021 are as follows: SCHEDULE OF FUTURE MINIMUM RENTAL PAYMENTS FOR OPERATING AND FINANCE LEASES
Year |  | Operating Leases |  |  | Finance Leases |
2022 |  | $ | 937,590 |  |  | $ | 9,065 |
2023 |  |  | 674,488 |  |  |  | 9,065 |
2024 |  |  | 30,739 |  |  |  | 4,533 |
2025 |  |  | 30,739 |  |  |  | - |
Total Minimum Future Payments |  |  | 1,642,817 |  |  |  | 22,663 |
Less: Imputed Interest |  |  | 96,985 |  |  |  | 2,650 |
Present Value of Lease Liabilities |  | $ | 1,545,832 |  |  | $ | 20,013 |
| Scheduled maturities of operating and finance lease liabilities outstanding as of March 31, 2021 are as follows: SCHEDULE OF FUTURE MINIMUM RENTAL PAYMENTS FOR OPERATING AND FINANCE LEASES
Fiscal Year |  | Operating Leases |  |  | Finance Leases |
2022 |  | $ | 682,373 |  |  | $ | 2,558 |
2023 |  |  | 931,948 |  |  |  | - |
2024 |  |  | 674,488 |  |  |  | - |
2025 |  |  | 30,739 |  |  |  | - |
Total Minimum Future Payments |  |  | 2,319,548 |  |  |  | 2,558 |
Less: Imputed Interest |  |  | 190,600 |  |  |  | 12 |
Present Value of Lease Liabilities |  | $ | 2,128,948 |  |  | $ | 2,546 |

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- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=123408670&loc=SL77918686-209980 + Details
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