Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets (Tables)

v3.20.1
Intangible Assets (Tables)
9 Months Ended
Dec. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of payments for transfer of technology

Balance due as of March 31, 2016   $ 175,000  
Payment on transfer of technology - April 29, 2016     (75,000 )
Payment on first anniversary of effective date - January 31, 2017     (100,000 )
Balance due as of March 31, 2017     -  
Increase in purchase price of intellectual property - May 1, 2017     200,000  
Payment on second anniversary of effective date - January 31, 2018     (50,000 )
Balance due as of March 31, 2018     150,000  
Payment on July 30, 2018     (50,000 )
Balance due as of  March 31, 2019     100,000  
Balance due as of December 31, 2019 (unaudited)   $ 100,000  

Schedule of carrying amounts for research license

    December 31,     March 31,  
    2019     2019  
    (Unaudited)        
Research license   $ 375,000     $ 375,000  
Total     375,000       375,000  
Accumulated amortization     (129,949 )     (99,593 )
Research license, net   $ 245,051     $ 275,407  

Schedule of estimated amortization for research license

    Estimated Amortization Expense  
    (Unaudited)  
2020   $ 10,044  
2021     40,290  
2022     40,290  
2023     40,290  
Thereafter     114,137  
Total   $ 245,051