Quarterly report pursuant to Section 13 or 15(d)

2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

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2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
 9 Months Ended
Dec. 31, 2020
Accounting Policies [Abstract]  
Activity of Level 3 liabilities

Derivatives

 

    2020     2019  
Derivative liability balance at beginning of period   $ 176,000     $ 157,000  
Reclass to equity upon conversion or redemption     (205,000 )     (8,000 )
Change in fair value     29,000       (19,000 )
Balance at end of period   $ -     $ 130,000  

 

Warrant liability

 

    2020     2019  
Warrant liability balance at beginning of period   $ 90,000     $ 93,000  
Reclass to equity upon cancellation or exercise     (90,000 )     -  
Change in fair value     -       -  
Balance at end of period   $ -     $ 93,000  

 
Estimated useful lives
Buildings 27.5 – 39 years
Other Depreciable Property 5 – 10 years
Furniture and Fixtures 3 – 10 years