v3.20.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Sep. 30, 2020
Mar. 31, 2020
Current assets    
Cash $ 3,976,877 $ 4,561,682
Accounts receivable, net 5,777,018 4,917,081
Inventory 4,249,581 2,919,860
Prepaid expenses 2,504,360 1,697,199
Operating lease right-of-use asset - current portion 121,650 87,393
Total current assets 16,629,486 14,183,215
Fixed assets - net 1,100,373 1,422,581
Operating lease right-of-use asset 23,049  
Total assets 17,752,908 15,605,796
Current liabilities    
Accounts payable 5,264,425 5,406,541
Accrued expenses 1,512,343 1,186,516
Revolving financing 4,797,537 7,291,217
PPP loan payable - current portion 217,561  
Operating lease liability - current portion 122,380 99,389
Total current liabilities 11,914,246 13,983,663
PPP loan payable 109,599  
Operating lease liability 24,408  
Total liabilities 12,048,253 13,983,663
Stockholders' equity    
Preferred stock, $0.001 par value, 100,000,000 shares authorized, nil issued and outstanding on September 30, 2020 and 3,400,000 Series D issued and outstanding on March 31, 2020   3,400
Common stock, Class A - $0.001 par value, 200,000,000 shares authorized 73,322,472 and 45,585,592 shares issued and outstanding at September 30, 2020 and March 31, 2020, respectively 73,321 45,585
Additional paid in capital 66,535,665 54,094,848
Stock Payable   1,000,000
Accumulated deficit (60,904,331) (53,521,700)
Total stockholders' equity 5,704,655 1,622,133
Total liabilities and stockholders' equity $ 17,752,908 $ 15,605,796

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