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Acquisitions (Tables)
12 Months Ended
Mar. 31, 2019
Business Combinations [Abstract]  
Schedule of Total Purchase Consideration on Intangible Assets

We recorded the total purchase consideration to patents as follows:

 

Cash   $ 250,000  
Contingent Consideration Payable     1,250,000  
Common Stock     1,700  
Additional Paid-in Capital     4,622,305  
Fair Value of Patent   $ 6,124,005  

Schedule of Fair Value of Consideration Transferred

The fair value of the consideration transferred was valued as of the date of the acquisition as follows:

 

Cash   $ 7,000,000  
Note Payable     10,400,000  
Common Stock     4,750  
Additional Paid-in Capital     9,495,250  
Total Consideration   $ 26,900,000  

Schedule of Allocation for Consideration

Total allocation for the consideration recorded for the acquisition is as follows:

 

Equipment   $ 18,869,541  
Intellectual property     1,773,436  
Customer relationships     1,666,774  
Tradename     2,472,095  
Loss on Purchase     2,118,154  
Total Consideration   $ 26,900,000