Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENT OF OPERATIONS

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CONSOLIDATED STATEMENT OF OPERATIONS - USD ($)
12 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Revenue $ 32,199,528 $ 19,812,199
Cost of Goods Sold 19,252,768 11,687,017
Gross Profit 12,946,760 8,125,182
Operating expenses    
Sales and marketing expenses 13,009,384 7,211,399
General and administrative 7,420,078 6,425,069
Depreciation 580,669 418,777
Total operating expenses 21,010,131 14,055,245
Total operating loss (8,063,371) (5,930,063)
Other income (expense)    
Interest expense (554,482) (465,336)
Amortization of debt discount   (295,000)
Change in derivative liability 288 3,119
Total other income (expense) (554,194) (757,217)
Net loss $ (8,617,565) $ (6,687,280)
LOSS PER SHARE (Basic and Diluted) (in dollars per share) $ (0.27) $ (0.32)
WEIGHTED AVERAGE SHARES OUTSTANDING (Basic and Diluted) (in shares) 31,932,168 20,643,082