13. COMMITMENTS AND CONTINGENCIES (Tables)

9 Months Ended

Dec. 31, 2020

Commitments and Contingencies Disclosure [Abstract]

Lease commitments

Future minimum lease payments under the Granite Ridge Lease as of December 31, 2020, are as follows:

January 1, 2021 through March 31, 2021	$	25,663
April 1, 2021 through August 31, 2021		43,670
Total future minimum lease payments		69,333
Less: discount		(1,635	)
Total lease liability	$	67,698