v3.22.2.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Income Statement [Abstract]        
Sales $ 51,725 $ 88,061
Operating expenses:        
General and administrative 540,716 591,468 962,853 1,002,078
Rent 55,633 16,870 82,255 20,955
Salaries and Wages 540,773 1,023,206 984,076 1,655,527
Stock Compensation
Professional services 312,470 378,853 746,440 976,099
General and administrative 1,449,592 2,010,397 2,775,624 3,654,659
Research and development 4,000 196,872 176,643 196,872
Facility operations 488,427 172,431 1,020,163 411,756
Depreciation 408,232 257,772 933,461 612,275
Amortization 367,500 146,500 735,000 146,500
Total operating expenses 2,717,751 2,783,972 5,640,891 5,022,062
Net loss from operations (2,666,026) (2,783,972) (5,552,830) (5,022,062)
Other income (expense):        
Interest expense (579,291) (65,663) (1,081,663) (147,199)
Interest expense - related parties (3,522) (3,522)
Amortization of debt discount (2,136,389) (4,176,389) (236,364)
Financing costs (109,953)
Change in fair value of derivative liability (18,241,000) (16,927,000)
Change in fair value of warrant liability (39,000) 1,876,000
Forgiveness of PPP loan 103,200
Loss due to fire (863,117) (863,117)
Total other income (expense) (21,862,319) (65,663) (21,175,691) (390,316)
Loss before income taxes (24,528,345) (2,849,635) (26,728,521) (5,412,378)
Provision for income taxes
Net loss (24,528,345) (2,849,635) (26,728,521) (5,412,378)
Amortization of beneficial conversion feature on Preferred shares (42,500) (1,341,948) (184,000) (817,376)
Accretion on Preferred shares (278,500) (557,000)
Redemption and exchange of Series D Preferred shares (5,792,947)
Dividends (55,427) (360,225) (157,654) (360,225)
Net loss available for common stockholders $ (24,904,772) $ (4,551,808) $ (27,627,175) $ (12,382,926)
EARNINGS PER SHARE (Basic and diluted) $ (0.03) $ (0.00) $ (0.04) $ (0.02)
WEIGHTED AVERAGE SHARES OUTSTANDING (Basic and diluted) 731,616,343 603,775,024 675,370,057 594,359,747

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