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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2022
Dec. 31, 2021
Cash flows used in operating activities:        
Net loss $ (2,849,753) $ (2,527,946) $ (9,562,851) $ (6,635,187)
Adjustments to reconcile net loss to net cash used in operating activities:        
Depreciation and amortization     161,350 98,363
Stock based compensation 262,613 201,019 791,588 522,234
Accretion of right-of-use lease asset     23,385 9,717
Loss of dissolution of subsidiary 0 0 142,121 0
Changes in operating assets and liabilities:        
Prepaid expenses and other current assets     283,645 (342,641)
Accounts receivable     127,965 17,116
Deposits     (21,146)
Accounts payable and other current liabilities     210,032 (443,239)
Deferred revenue     229,698 114,849
Due to related parties     34,655 11,855
Net cash used in operating activities     (7,558,412) (6,668,079)
Cash flows used in investing activities:        
Purchases of property and equipment     (931,820) (136,795)
Net cash used in investing activities     (931,820) (136,795)
Cash flows provided by financing activities:        
Proceeds from the issuance of common stock, net     8,927,211 17,456,092
Tax withholding payments or tax equivalent payments for net share settlement of restricted stock units and net stock option expense     (9,857) (77,477)
Net cash provided by financing activities     8,917,354 17,378,615
Net increase in cash and restricted cash     427,122 10,573,741
Cash and restricted cash at beginning of period     17,159,925 9,908,301
Cash and restricted cash 17,587,047 20,482,042 17,587,047 20,482,042
Supplemental disclosures of non-cash investing and financing activities:        
Issuance of common stock under cashless warrant exercises     0 676
Par value of shares issued for vested restricted stock units and net stock option exercise     69 33
Initial recognition of right-of-use lease asset and lease liability     625,471 228,694
Reconciliation of cash, cash equivalents and restricted cash to the condensed consolidated balance sheets:        
Cash and cash equivalents 17,499,541 20,394,536 17,499,541 20,394,536
Restricted cash $ 87,506 $ 87,506 $ 87,506 $ 87,506