Annual report pursuant to Section 13 and 15(d)

Subsequent Events

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Subsequent Events
12 Months Ended
Mar. 31, 2021
Subsequent Events [Abstract]  
Subsequent Events

Note 14 – Subsequent Events


The Company has evaluated all events that occurred after the balance sheet date of March 31, 2021, through June 18, 2021, the date when financial statements were available to be issued to determine if they must be reported. The Company’s subsequent events are as follows:


Common Stock


Subsequent to March 31, 2021, the Company issued 26,261 shares of its common stock with a fair value of approximately $0.1 million or $3.81 per share in exchange for consulting services.


Stock Options


Subsequent to March 31, 2021, the Company granted 85,000 options to purchase shares of the Company’s common stock to an employee of the Company. The options have a fair value of approximately $0.2 million.