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Consolidated Balance Sheets - USD ($)
Dec. 31, 2019
Mar. 31, 2019
Current Assets:    
Cash $ 130,870 $ 2,181,246
Accounts receivable, net of allowance for doubtful account of $5,052 at December 31, 2019 and $129,365 at March 31, 2019 1,258,229 1,225,911
Due from related parties 16,707 19,565
Inventories, at lower cost or market, principally average cost method 5,022,980 4,772,597
Prepaid expenses 291,430 427,551
Current portion of right of use assets 496,095
Total Current Assets 7,216,311 8,626,870
Equipment, net of accumulated depreciation of $2,403,717 at December 31, 2019 and $516,144 at March 31, 2019 20,075,395 21,999,787
Other Assets:    
Deposits 232,114 29,034
Licensing agreements, net of accumulated amortization of $145,833 at December 31, 2019 and $108,833 at March 31, 2019 104,167 141,667
Patents, net of accumulated amortization of $437,760 at December 31, 2019 and $134,701 at March 31, 2019 6,636,245 6,939,304
Other Intangible Assets, net of accumulated amortization of $791,008 at December 31, 2019 and $61,803 at March 31, 2019 2,808,688 5,850,502
Right of Use Assets - Operating Leases 3,672,676
TOTAL ASSETS 40,745,596 43,587,164
Current Liabilities:    
Accounts payable 4,278,052 1,920,344
Factoring liability 936,750
Accrued liabilities 784,271 531,434
Note payable related party 415,000
Current portion of operating lease liability 496,095
Insurance premium note payable 73,508 230,597
Current portion of note payable related party 5,803,800 1,500,000
Contingent consideration payable 300,000
Total Current Liabilities 12,787,476 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 3,672,676
Total Liabilities 17,360,152 14,058,231
Shareholders' Equity:    
Common stock, $0.001 par value, 200,000,000 shares authorized 45,906,077 at December 31, 2019 and 44,013,075 shares issued and outstanding at March 31, 2019, respectively 45,906 44,013
Additional paid-in capital 52,940,185 48,935,485
Accumulated (Deficit) (29,600,647) (19,450,565)
Total Shareholders' Equity 23,385,444 29,528,933
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 40,745,596 $ 43,587,164