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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Sep. 30, 2024
Mar. 31, 2024
Current assets    
Cash and cash equivalents $ 6,859,075 $ 5,441,978
Deferred Offering Cost 0 277,827
Prepaid expenses and other current assets 279,008 505,983
Total current assets 7,138,083 6,225,788
Property and equipment, net 843,617 1,015,229
Operating lease right-of-use asset 743,994 883,054
Patents, net 825 1,100
Restricted cash 87,506 87,506
Deposits 33,305 33,305
Total assets 8,847,330 8,245,982
Current liabilities    
Accounts payable 922,888 777,862
Due to related parties 1,011,544 546,434
Operating lease liability, current portion 301,680 290,565
Accrued Professional Fees 95,338 215,038
Total current liabilities 2,331,450 1,829,899
Operating lease liability, less current portion 496,772 649,751
Total liabilities 2,828,222 2,479,650
See Commitments and Contingencies Note 9
Stockholders’ Equity    
Common stock, par value $0.001 per share; 60,000,000 shares authorized as of September 30, 2024 and March 31, 2024; 13,961,998 and 2,629,725 shares issued and outstanding as of September 30, 2024 and March 31, 2024, respectively 13,962 2,629
Additional paid-in capital 165,954,256 160,337,371
Accumulated other comprehensive loss (3,969) (6,940)
Accumulated deficit (159,945,141) (154,566,728)
Total stockholders’ equity 6,019,108 5,766,332
Total liabilities and stockholders’ equity $ 8,847,330 $ 8,245,982