COMMITMENTS AND CONTINGENCIES (Tables)

9 Months Ended

12 Months Ended

Dec. 31, 2021

Mar. 31, 2021

Commitments and Contingencies Disclosure [Abstract]

SCHEDULE OF SUPPLEMENTAL INFORMATION RELATED TO LEASES

Supplemental balance sheet information related to leases as of December 31, 2021 is as follows:

Assets:
Operating lease - right-of-use assets	$	1,488,258
Finance leases as a component of Property and equipment, net of accumulated depreciation of $1,735		18,278
Liabilities
Current
Current portion of operating leases	$	860,528
Current portion of finance leases		7,421
Noncurrent
Operating lease liabilities, net of current portion	$	685,304
Finance leases, net of current portion		12,592

Supplemental balance sheet information related to leases as of March 31, 2021 is as follows:

Assets:
Operating lease - right-of-use assets	$	2,074,115
Finance leases as a component of property and equipment, net of accumulated depreciation of $18,136		25,390
Liabilities
Current
Current portion of operating leases	$	794,938
Current portion of finance leases		2,546
Noncurrent
Operating lease liabilities, net of current portion	$	1,334,010
Finance leases, net of current portion		-

SCHEDULE OF LEASE TERM AND DISCOUNT RATE

Supplemental statement of operations information related to leases for the three and nine months ended December 31, 2021 is as follows:

	Three Months Ended		Nine Months Ended
	December 31, 2021		December 31, 2021
Operating lease expense as a component of general and administrative expenses	$	140,016	$	604,347
Finance lease cost
Depreciation of leased assets as a component of depreciation	$	1,041	$	1,735
Interest on lease liabilities as a component of interest expense	$	692	$	1,068

Supplemental statement of operations information related to leases for the fiscal year ended March 31, 2021 is as follows:

	Fiscal Year Ended
	March 31, 2021
Operating lease expense as a component of general and administrative expenses	$	790,715
Finance lease cost
Depreciation of leased assets as a component of depreciation	$	6,218
Interest on lease liabilities as a component of interest expense	$	370

SCHEDULE OF SUPPLEMENTAL CASH FLOW INFORMATION

Supplemental cash flow information related to leases for the nine months ended December 31, 2021 is as follows:

Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flow paid for operating leases			$	693,657
Financing cash flow paid for finance leases			$	6,184
Lease term and Discount Rate
Weighted average remaining lease term (months)
Operating leases	21.1
Finance leases	31.0
Weighted average discount rate
Operating leases	6.25	%
Finance leases	9.86	%

Supplemental cash flow information related to leases for the nine months ended March 31, 2021 is as follows:

Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flow paid for operating leases	$	805,662
Financing cash flow paid for finance leases	$	14,957
Lease term and Discount Rate
Weighted average remaining lease term (months)		30.0
Operating leases		2.0
Finance leases
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 December 31, 2021 are as follows:

Year	Operating Leases		Finance Leases
2022	$	937,590	$	9,065
2023		674,488		9,065
2024		30,739		4,533
Total Minimum Future Payments		1,642,817		22,663
Less: Imputed Interest		96,985		2,650
Present Value of Lease Liabilities	$	1,545,832	$	20,013

Scheduled maturities of operating and finance lease liabilities outstanding as of March 31, 2021 are as follows:

Fiscal Year	Operating Leases		Finance Leases
2022	$	682,373	$	2,558
2023		931,948		-
2024		674,488		-
2025		30,739		-
Total Minimum Future Payments		2,319,548		2,558
Less: Imputed Interest		190,600		12
Present Value of Lease Liabilities	$	2,128,948	$	2,546