Annual report pursuant to Section 13 and 15(d)

Property and Equipment (Tables)

v3.21.2
Property and Equipment (Tables)
12 Months Ended
Mar. 31, 2021
Property, Plant and Equipment [Abstract]  
Schedule of property and equipment
     March 31,      March 31,  
    2021     2020  
             
 Laboratory equipment   $ 937,400     $ 892,500  
 Tenant improvements     214,400       214,400  
 Information technology equipment     73,900       54,600  
 Office furniture and equipment     84,600       84,600  
 Manufacturing equipment     211,200       -  
      1,521,500       1,246,100  
                 
 Accumulated depreciation and amortization     (1,154,100 )     (1,036,500 )
 Property and equipment, net   $ 367,400     $ 209,600  
Depreciation and Amortization
     Fiscal Years Ended March 31,  
    2021     2020  
             
 Owned assets   $ 114,600     $ 100,200  
 Leased assets     3,000       2,900  
 Total depreciation and amortization   $ 117,600     $ 103,100  
Assets subject to financing lease
    March 31,     March 31,  
    2021     2020  
             
Office equipment subject to financing lease   $ 14,700     $ 14,700  
Accumulated depreciation     (12,400 )     (9,400 )
                 
Net book value of office equipment subject to                
   financing lease   $ 2,300     $ 5,300