Deferred Revenue

12 Months Ended

Mar. 31, 2023

Revenue from Contract with Customer [Abstract]

Deferred Revenue

6. Deferred Revenue

We enter into certain contracts typically having initial one-year terms which define the scope of services to be provided. These contracts can include agreed-upon setup fees during the initial one-year term, which setup fees are recorded as deferred revenue and amortized ratably over the initial one-year term. During the years ended March 31, 2023 and 2022, we recorded revenues of $203,199 and $30,504, respectively. Deferred revenue was $57,231 and $15,073 as of March 31, 2023 and 2022, respectively.