v3.20.4
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2020
Mar. 31, 2020
Current assets    
Cash $ 1,716,944 $ 4,561,682
Accounts receivable, net 4,889,660 4,917,081
Inventory 4,113,654 2,919,860
Prepaid expenses 1,282,674 1,697,199
Operating lease right-of-use asset - current portion 270,871 87,393
Total current assets 12,273,803 14,183,215
Fixed assets - net 881,179 1,422,581
Operating lease right-of-use asset 310,991  
Total assets 13,465,973 15,605,796
Current liabilities    
Accounts payable 4,995,768 5,406,541
Accrued expenses 1,728,321 1,186,516
Revolving financing 3,999,478 7,291,217
PPP loan payable - current portion 236,183  
Operating lease liability - current portion 260,528 99,389
Total current liabilities 11,220,278 13,983,663
PPP loan payable 91,750  
Operating lease liability 334,262  
Total liabilities 11,646,290 13,983,663
Stockholders' equity    
Preferred stock, $0.001 par value, 100,000,000 shares authorized, nil issued and outstanding on December 31, 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 73,637,115 and 45,585,592 shares issued and outstanding at December 31, 2020 and March 31, 2020, respectively 73,637 45,585
Additional paid in capital 67,010,711 54,094,848
Stock Payable   1,000,000
Accumulated deficit (65,264,665) (53,521,700)
Total stockholders' equity 1,819,683 1,622,133
Total liabilities and stockholders' equity $ 13,465,973 $ 15,605,796

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