Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED STATEMENT OF OPERATIONS

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CONSOLIDATED STATEMENT OF OPERATIONS - USD ($)
3 Months Ended 9 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2018
Dec. 31, 2017
Revenue $ 7,691,013 $ 3,816,661 $ 24,211,398 $ 13,838,383
Cost of Goods Sold 4,822,694 2,091,258 14,301,068 7,797,081
Gross Profit 2,868,319 1,725,403 9,910,330 6,041,302
Operating expenses        
Sales and marketing expenses 3,650,105 1,497,594 9,846,940 4,985,955
General and administrative 2,718,567 2,692,636 5,096,043 5,661,274
Depreciation 110,613 94,585 334,769 286,482
Total operating expenses 6,479,285 4,284,815 15,277,752 10,933,711
Total operating loss (3,610,966) (2,559,412) (5,367,422) (4,892,409)
Other income (expense)        
Interest expense (144,606) (98,280) (413,868) (349,765)
Amortization of debt discount and accretion       (295,000)
Total other income (expense) (144,606) (98,280) (413,868) (644,765)
Net loss $ (3,755,572) $ (2,657,692) $ (5,781,290) $ (5,537,174)
EARNINGS PER SHARE (Basic) $ (0.11) $ (0.12) $ (0.19) $ (0.28)
WEIGHTED AVERAGE SHARES OUTSTANDING (Basic) 32,814,187 21,508,050 30,765,915 19,757,832