Quarterly report pursuant to Section 13 or 15(d)

Prepaid Expenses and Other Current Assets

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Prepaid Expenses and Other Current Assets
9 Months Ended
Dec. 31, 2016
Notes to Financial Statements  
Prepaid Expenses and Other Current Assets

Prepaid expenses and other current assets are composed of the following at December 31, 2016 and March 31, 2016:

 

     December 31,    

March

31,

 
     2016     2016  
             
 Insurance   $ 58,300     $ 27,000  
 Prepaid AV-101 development expenses     82,300       -  
 Prepaid compensation under financial advisory                
     and other consulting agreements     -       337,500  
 Public offering expenses     -       57,400  
 All other     5,800       4,900  
                 
    $ 146,400     $ 426,800