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Consolidated Balance Sheets - USD ($)
Jun. 30, 2019
Mar. 31, 2019
Current Assets:    
Cash $ 538,983 $ 2,181,246
Accounts receivable, net of allowance for doubtful account of $25,721 at June 30, 2019 and $129,635 at March 31, 2019 2,958,150 1,225,911
Due from related parties 34,558 19,565
Inventories, at lower cost or market, principally average cost method 5,553,121 4,772,597
Prepaid expenses 278,030 427,551
Current portion of right of use assets 483,872
Total Current Assets 9,846,714 8,626,870
Equipment, net of accumulated depreciation of $1,098,818 at June 30, 2019 and $516,144 at March 31, 2019 21,667,562 21,999,787
Other Assets:    
Deposits 54,133 29,034
Licensing agreements, net of accumulated amortization of $120,833 at June 30, 2019 and $108,833 at March 31, 2019 129,167 141,667
Patents, net of accumulated amortization of $191,089 at June 30, 2019 and $134,701 at March 31, 2019 6,882,916 6,939,304
Other Intangible Assets, net of accumulated amortization of $478,672 at June 30, 2019 and $61,803 at March 31, 2019 5,433,633 5,850,502
Right of use assets - operating leases 3,923,050
TOTAL ASSETS 47,937,175 43,587,164
Current Liabilities:    
Accounts payable 4,436,087 1,920,344
Accrued liabilities 667,383 531,434
Note payable related party 375,000
Current portion of operating lease liability 483,872
Insurance premium note payable 153,731 230,597
Current portion of note payable related party 8,400,000 1,500,000
Contingent consideration payable 250,000 300,000
Total Current Liabilities 14,766,073 4,482,375
Long-term Liabilities:    
Convertible promissory notes, net of $24,144 of note issuance costs at March 31, 2019 275,856
Contingent consideration payable 900,000 900,000
Note payable related party 8,400,000
Operating lease liability, net of current portion 3,923,050
Total Liabilities 19,589,123 14,058,231
Shareholders' Equity:    
Common stock, $0.001 par value, 200,000,000 shares authorized 45,269,908 at June 30, 2019 and 44,013,075 shares issued and outstanding at March 31, 2019, respectively 45,270 44,013
Additional paid-in capital 51,594,749 48,935,485
Accumulated (Deficit) (23,291,967) (19,450,565)
Total Shareholders' Equity 28,348,052 29,528,933
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 47,937,175 $ 43,587,164