Right of Use Assets and Operating Lease Liability (Tables)

9 Months Ended

Dec. 31, 2023

Disclosure Text Block [Abstract]

Lease, Cost [Table Text Block]

Right to use assets is summarized below:

	December 31, 2023			March 31, 2023
Right to use asset	$	1,830,857		$	1,830,857
Less: Accumulated amortization		(455,131	)		(304,306	)
Right to use assets, net	$	1,375,726		$	1,526,551

Lessee, Operating Lease, Liability, to be Paid, 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 unaudited condensed consolidated balance sheet as of December 31, 2023:

Remaining payments in fiscal 2024	$	63,710
2025		254,840
2026		267,767
2027		277,000
2028		277,000
Thereafter		392,417
Total undiscounted future minimum lease payments		1,532,734
Less: Difference between undiscounted lease payments and discounted lease liabilities		(157,008	)
Present value of net minimum lease payments		1,375,726
Less current portion		(208,076	)
Operating lease liabilities – long-term	$	1,167,650