Operating Lease Liability (Tables)

12 Months Ended

Mar. 31, 2022

Disclosure Text Block [Abstract]

Lessee, Operating Lease, Liability, Maturity [Table Text Block]

The following table reconciles the undiscounted future minimum lease payments (displayed by year and in the aggregate) under non-cancelable operating leases with terms of more than one year to the total lease liabilities recognized on the consolidated balance sheet as of March 31, 2022:

2023	$	254,840
2024		254,840
2025		254,840
2026		267,767
2027		277,000
Thereafter		669,416
Total undiscounted future minimum lease payments		1,978,703
Less: Difference between undiscounted lease payments and discounted lease liabilities		(257,782	)
Present value of net minimum lease payments		1,720,921
Less current portion		(194,370	)
Operating lease liabilities – long-term	$	1,526,551