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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Cash flows from operating activities:    
Net loss $ (7,891,499) $ (6,380,041)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 39,939 26,366
Gain on share for warrant exchanges 0 (51,190)
Loss on debt extinguishment 0 447,011
Stock based compensation 779,421 843,998
Amortization of debt discount and deferred financing costs 0 30,287
Non-cash rent expense (2,491) 964
Changes in operating assets and liabilities:    
Accounts receivable 57,647 (206,729)
Prepaid expenses and other current assets (111,477) (19,562)
Accounts payable and other current liabilities 341,858 (16,765)
Deferred revenue 14,849 100,000
Due to related parties 6,813 28,053
Net cash used in operating activities (6,764,940) (5,197,608)
Cash flows from investing activities:    
Purchases of property and equipment (59,881) (151,665)
Net cash used in investing activities (59,881) (151,665)
Cash flows from financing activities:    
Tax withholding payments or tax equivalent payments for net share settlement of restricted stock units (132,527) (40,938)
Principal repayments of notes payable 0 (992,591)
Net proceeds from the issuance of common stock and exercise of warrants 7,260,869 12,159,508
Net cash provided by financing activities 7,128,342 11,125,979
Net increase in cash and restricted cash 303,521 5,776,706
Cash and restricted cash at beginning of year 9,604,780 3,828,074
Cash and restricted cash at end of year 9,908,301 9,604,780
Supplement disclosures of cash flow information:    
Interest 0 83,332
Supplemental information of non-cash investing and financing activities:    
Issuance of shares under vested restricted stock units, net stock option exercises and unvested share issuance for services 98 12
Issuance of common stock upon warrant exchanges 0 51,190
Initial recognition of right-of-use lease asset and lease liability 0 228,694
Reconciliation of cash, cash equivalents and restricted cash to the condensed consolidated balance sheets:    
Cash and cash equivalents 9,861,575 9,604,780
Restricted cash 46,729 0
Cash and restricted cash $ 9,908,301 $ 9,604,780