Commitments and Contingencies (Tables)

6 Months Ended

Sep. 30, 2020

Commitments and Contingencies Disclosure [Abstract]

Schedule of Supplemental Information Related to Leases

Supplemental balance sheet information related to leases as of September 30, 2020 is as follows:

Assets:
Operating lease - right-of-use assets	$	2,460,942
Finance leases as a component of Property and equipment, net of accumulated depreciation of $15,027		28,499
Liabilities
Current
Current portion of operating leases	$	765,125
Current portion of finance leases		10,091
Noncurrent
Operating lease liabilities, net of current portion	$	1,743,033
Finance leases, net of current portion		-

	Three Months Ended		Six Months Ended
	September 30 2020		September 30 2020
Supplemental statement of operations information related to leases for the three and six months ended September 30, 2020 is as follows:
Operating lease expense as a component of general and administrative expenses	$	176,698	$	325,423
Finance lease cost
Depreciation of leased assets as a component of depreciation	$	1,554	$	3,109
Interest on lease liabilities as a component of interest expense	$	109	$	263
Supplemental cash flow information related to leases for the six months ended September 30, 2020 is as follows:
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flow paid for operating leases			$	343,177
Financing cash flow paid for finance leases			$	7,412

Schedule of Lease term and Discount Rate

Lease term and Discount Rate
Weighted average remaining lease term (months)
Operating leases	35.8
Finance leases	9.0
Weighted average discount rate
Operating leases	6.25	%
Finance leases	3.68	%

Schedule of Future Minimum Rental Payments for Operating and Finance Leases

Scheduled maturities of operating and finance lease liabilities outstanding as of September 30, 2020 are as follows:

Year	Operating Leases		Finance Leases
2020, for the remaining 6 months	$	228,831	$	3,837
2021		882,229		6,394
2022		931,079		-
2023		673,592		-
2024		61,479		-
Total Minimum Future Payments		2,777,210		10,231
Less: Imputed Interest		269,052		140
Present Value of Lease Liabilities	$	2,508,158	$	10,091