Annual report pursuant to Section 13 and 15(d)

Summary of Significant Accounting Policies (Tables)

v3.20.2
Summary of Significant Accounting Policies (Tables)
12 Months Ended
Mar. 31, 2020
Accounting Policies [Abstract]  
Schedule of basic and diluted net loss attributable to common stockholders per share
     Fiscal Years Ended March 31,  
     2020      2019  
             
 Numerator:            
 Net loss attributable to common stockholders for basic and diluted earnings            
per share   $ (22,037,600 )   $ (25,729,500 )
                 
 Denominator:                
 Weighted average basic and diluted common shares outstanding     43,869,523       28,562,490  
                 
                 
 Basic and diluted net loss attributable to common stockholders per common share   $ (0.50 )   $ (0.90 )
Schedule of potentially dilutive securities excluded in determining diluted net loss per common share
    As of March 31,  
    2020     2019  
             
Series A Preferred stock issued and outstanding (1)     750,000       750,000  
                 
Series B Preferred stock issued and outstanding (2)     1,160,240       1,160,240  
                 
Series C Preferred stock issued and outstanding (3)     2,318,012       2,318,012  
                 
Outstanding options under the Company's Amended and Restated 2016 (formerly 2008) Stock Incentive Plan and 2019 Omnibus Equity Incentive Plan     10,003,088       6,626,088  
                 
Outstanding warrants to purchase common stock     26,555,281       21,453,402  
                 
                 
                 
Total     40,786,621       32,307,742