Right of Use Assets and Operating Lease Liability (Tables)

12 Months Ended

Mar. 31, 2024

Disclosure Text Block [Abstract]

Lease, Cost [Table Text Block]

Right to use assets is summarized below:

	March 31,
	2024			2023
Right to use asset	$	1,830,857		$	1,830,857
Less: Accumulated amortization		(506,394	)		(304,306	)
Right to use assets, net	$	1,324,463		$	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 consolidated balance sheet as of March 31, 2024:

2025	$	254,840
2026		267,767
2027		277,000
2028		277,000
2029		277,000
Thereafter		115,415
Total undiscounted future minimum lease payments		1,469,022
Less: Difference between undiscounted lease payments and discounted lease liabilities		(144,559	)
Present value of net minimum lease payments		1,324,463
Less current portion		(210,111	)
Operating lease liabilities – long-term	$	1,114,352