v3.20.4
CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS (unaudited) - USD ($)
3 Months Ended 9 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2020
Dec. 31, 2019
Revenue $ 10,179,695 $ 8,455,030 $ 35,155,065 $ 29,053,052
Cost of Goods Sold 5,985,210 5,061,324 20,681,694 17,048,951
Gross Profit 4,194,485 3,393,706 14,473,371 12,004,101
Operating expenses        
Sales and marketing expenses 4,654,930 4,077,599 14,145,004 13,359,941
General and administrative 3,481,010 1,812,763 10,918,879 8,439,405
Depreciation 281,962 254,220 694,279 727,917
Total operating expenses 8,417,902 6,144,582 25,758,162 22,527,263
Total operating loss (4,223,417) (2,750,876) (11,284,791) (10,523,162)
Other expense        
Interest expense (136,917) (110,797) (458,174) (319,656)
Total other expense (136,917) (110,797) (458,174) (319,656)
Net loss $ (4,360,334) $ (2,861,673) $ (11,742,965) $ (10,842,818)
LOSS PER SHARE (Basic and Diluted) $ (0.06) $ (0.07) $ (0.18) $ (0.26)
WEIGHTED AVERAGE SHARES OUTSTANDING (Basic and Diluted) 73,528,255 42,685,592 66,286,634 42,187,056

Source