Acquisitions (Tables)

12 Months Ended

Mar. 31, 2021

Business Combination and Asset Acquisition [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