Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF OPERATIONS

v3.19.2
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
12 Months Ended
Mar. 31, 2019
Mar. 31, 2018
REVENUES:    
Total revenues $ 229,625 $ 149,625
OPERATING COSTS AND EXPENSES    
Professional fees 2,192,048 1,553,204
Payroll and related expenses 3,083,116 2,634,937
General and administrative 953,478 792,600
Total operating expenses 6,228,642 4,980,741
OPERATING LOSS (5,999,017) (4,831,116)
OTHER EXPENSE    
Loss on debt extinguishment 0 376,909
Loss on share for warrant exchanges 0 130,215
Interest and other expenses 220,487 361,597
Total other expense 220,487 868,721
NET LOSS BEFORE NONCONTROLLING INTERESTS (6,219,504) (5,699,837)
LOSS ATTRIBUTABLE TO NONCONTROLLING INTERESTS (24,785) (20,279)
NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS $ (6,194,719) $ (5,679,558)
Basic and diluted net loss per share available to common stockholders $ (0.07) $ (0.10)
Weighted average number of common shares outstanding - basic and diluted 18,124,707 12,317,074
Government Contract Revenue [Member]    
REVENUES:    
Total revenues $ 229,625 $ 149,625