Annual report pursuant to Section 13 and 15(d)

Statements of Operations

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Statements of Operations - USD ($)
12 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Income Statement [Abstract]    
Revenue $ 100,000
Cost of revenue 620,000
Gross loss (520,000)
Operating expenses:    
Research and development 3,539,857 1,826,140
Selling, general and administrative 15,812,365 5,491,769
Total operating expenses 19,352,222 7,317,909
Loss from operations (19,352,222) (7,837,909)
Other income (expense):    
Other income 6,734 3,318
Other expense (55,444)
Interest expense (3,196,264) (1,497,352)
Loss on exchange of notes payable for common stock and warrants (1,527,184)
Loss on extinguishment of debt (14,257,495) (255,000)
Change in fair value of warrant liability (2,360,543) (16,928)
Change in fair value of derivative liability (12,707)
Total other expense (21,402,903) (1,765,962)
Net loss $ (40,755,125) $ (9,603,871)
Net loss per share, basic and diluted: (in Dollars per share) $ (4.60) $ (2.33)
Weighted average shares outstanding, basic and diluted: (in Shares) 8,851,151 4,117,410