v3.24.2
Consolidated Statements of Operations - USD ($)
12 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Defined Benefit Plan Disclosure [Line Items]    
Sales $ 446,301 $ 238,685
Cost of sales 125,695 200,853
Net revenue 320,606 37,832
Operating expenses:    
General and administrative 6,879,879 5,923,695
Research and development 190,855
Facility operations 772,196 1,936,296
Depreciation 1,737,825 1,795,427
Amortization 1,470,000 1,470,000
Total operating expenses 10,859,900 11,316,273
Net loss from operations (10,539,294) (11,278,441)
Other income (expense):    
Amortization of debt discount (56,868) (5,019,883)
Change in fair value of derivative liability 811,000
Change in fair value of warrant liability 331,000 3,568,000
Change in fair value of restructured notes payable (5,162,366) (2,842,132)
Loss due to fire (869,379)
Gain on extinguishment of debt 2,383,088
Extension fee (190,000) (575,100)
Gain on settlement of accrued expenses 124,202
Gain on termination of lease 32,375
Gain on sale of machinery and equipment 91,717
Total other expense, net (5,063,117) (4,709,579)
Loss before income taxes (15,602,411) (15,988,020)
Provision for income taxes
Net loss (15,602,411) (15,988,020)
Amortization of beneficial conversion feature on Preferred shares (212,048)
Accretion on Preferred shares (65,900) (755,333)
Dividends (589,553) (541,868)
Net loss available for common stockholders $ (16,257,864) $ (17,497,269)
Loss per share (Basic) $ (0.02) $ (0.02)
Loss per share (Diluted) $ (0.02) $ (0.02)
WEIGHTED AVERAGE SHARES OUTSTANDING (Basic) 872,850,853 748,525,497
WEIGHTED AVERAGE SHARES OUTSTANDING (Diluted) 872,850,853 748,525,497
Nonrelated Party [Member]    
Other income (expense):    
Interest expense $ (73,924) $ (2,273,353)
Related Party [Member]    
Other income (expense):    
Interest expense $ (35,051) $ (16,022)

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