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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 6 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS        
Sales $ 0 $ 0 $ 0 $ 0
Operating expenses:        
General and administrative 2,010,397 401,029 3,654,659 737,008
Research and development 196,872 79,550 196,872 79,550
Facility operations 172,431 68,271 411,756 79,643
Depreciation and amortization 404,272 8,896 758,775 19,677
Total operating expenses 2,783,972 557,746 5,022,062 915,878
Net loss from operations (2,783,972) (557,746) (5,022,062) (915,878)
Other income (expense):        
Interest expense (65,663) (29,490) (147,199) (59,516)
Amortization of debt discount 0 0 236,364 0
Financing costs 0 (2,643) (109,953) (64,452)
Change in fair value of derivative liability 0   0 (29,000)
Forgiveness of PPP loan 0   103,200 0
Total other income (expense) (65,663) (32,133) (390,316) (152,968)
Loss before income taxes (2,849,635) (589,879) (5,412,378) (1,068,846)
Provision for income taxes 0 0 0 0
Net loss (2,849,635) (589,879) (5,412,378) (1,068,846)
Less net loss attributable to non-controlling interest 0 (1,686) 0 (3,581)
Net loss attributable to NaturalShrimp Incorporated (2,849,635) (588,193) (5,412,378) (1,065,265)
Amortization of beneficial conversion feature on Preferred shares 0 (807,000) (817,376) (1,100,000)
Redemption and exchange of Series D Preferred shares   0 (5,792,947) 0
Dividends 0 (83,960) 0 (228,752)
Net loss available for common stockholders $ (2,849,635) $ (1,479,153) $ (12,022,701) $ (2,394,017)
EARNINGS PER SHARE (Basic and diluted) $ (0.00) $ (0.00) $ (0.02) $ (0.01)
WEIGHTED AVERAGE SHARES OUTSTANDING (Basic and diluted) 603,775,024 451,549,772 594,359,747 419,177,832

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