Fair Value Measurements (Tables)

9 Months Ended

Dec. 31, 2019

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]

The Company’s assessment of the significance of a particular input to the fair value measurement requires judgment, and may affect the valuation of fair value assets and liabilities and their placement within the fair value hierarchy levels.

December 31, 2019

Level I

Level II

Level III

Total

Total Assets

Warrant liability

Total Liabilities

March 31, 2019	Level I		Level II		Level III		Total
Total Assets	$	-	$	-	$	-	$	-

Warrant liability	$	-	$	-	$	43,500	$	43,500
Total Liabilities	$	-	$	-	$	43,500	$	43,500

Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]

The following table provides a summary of the changes in fair value of our Level 3 financial liabilities from March 31, 2019 through December 31, 2019, as well as the portion of gains or losses included in income attributable to unrealized gains or losses related to the liability held at December 31, 2019:

Level 3 Reconciliation

Balance at

beginning of period

(Gains) and losses

for the period

(realized and unrealized)

Purchases, issuances,

sales and

settlements, net

Transfers in or

out of Level 3

Balance at the

end of period

Warrant liability

43,500

73,000

(116,500

)

Total Liabilities

43,500

73,000

(116,500

)