v3.24.0.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2023
Dec. 31, 2022
Defined Benefit Plan Disclosure [Line Items]        
Sales $ 101,302 $ 97,943 $ 365,184 $ 186,004
Cost of sales 23,353 124,094
Net revenue 77,949 97,943 241,090 186,004
Operating expenses:        
General and administrative 1,473,637 1,481,195 5,175,980 4,256,819
Research and development 14,212 190,855
Facility operations 77,103 875,194 592,878 1,895,357
Depreciation 433,053 416,377 1,304,732 1,349,838
Amortization 367,500 367,500 1,102,500 1,102,500
Total operating expenses 2,351,293 3,154,478 8,176,090 8,795,369
Net loss from operations (2,273,344) (3,056,535) (7,935,000) (8,609,365)
Other income (expense):        
Amortization of debt discount (843,494) (5,019,883)
Change in fair value of derivative liability 17,738,000 811,000
Change in fair value of warrant liability 67,050 1,155,000 337,050 3,031,000
Change in fair value of restructured notes (3,180,000) (1,594,515) (2,512,366) (1,594,515)
Loss due to fire (6,262) (869,379)
Gain on extinguishment of debt 2,383,088 2,383,088
Extension fee (10,000) (190,000)
Gain on termination of lease 22,013 22,013
Gain on sale of machinery and equipment 16,014
Total other income (expense), net (3,128,720) 18,232,236 (2,412,034) (2,943,455)
Income (loss) before income taxes (5,402,064) 15,175,701 (10,347,034) (11,552,820)
Provision for income taxes
Net income (loss) (5,402,064) 15,175,701 (10,347,034) (11,552,820)
Amortization of beneficial conversion feature on Preferred shares -   (28,048) (212,048)
Accretion on Preferred shares (9,300) (198,333) (9,300) (755,333)
Dividends (59,616) (60,107) (464,441) (481,761)
Net income(loss) available for common stockholders $ (5,470,980) $ 14,889,213 $ (10,820,775) $ (13,001,961)
Income(Loss) per share (Basic ) $ (0.01) $ 0.02 $ (0.01) $ (0.02)
Income(Loss) per share (Diluted) $ (0.01) $ 0.01 $ (0.01) $ (0.02)
WEIGHTED AVERAGE SHARES OUTSTANDING (Basic) 938,229,589 697,586,776 885,304,007 682,750,957
WEIGHTED AVERAGE SHARES OUTSTANDING (Diluted) 938,229,589 1,629,304,739 885,304,007 682,750,957
Nonrelated Party [Member]        
Other income (expense):        
Interest expense $ (18,033) $ (593,331) $ (59,444) $ (1,674,994)
Related Party [Member]        
Other income (expense):        
Interest expense $ (9,750) $ (6,250) $ (25,301) $ (9,772)

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