Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
6 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Cash flows from operating activities:    
Net loss $ (3,773,911) $ (2,554,436)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 5,751 16,040
Stock based compensation 653,072 599,658
Loss on debt extinguishment 447,011 0
Loss on share for warrant exchanges 4,403 0
Amortization of debt discount 30,287 60,574
Common stock issued for services 0 19,350
Noncash lease expense 45,676 0
Changes in operating assets and liabilities:    
Accounts receivable 0 74,813
Prepaid expenses and other current assets 96,006 93,163
Accounts payable and other current liabilities 97,947 (127,358)
Change in lease liability (44,916) 0
Deferred revenue 100,000 0
Due to related parties 17,808 8,500
Net cash used in operating activities (2,320,866) (1,809,696)
Cash flows from investing activities:    
Purchases of property and equipment (119,981) 0
Net cash used in investing activities (119,981) 0
Cash flows (used in) provided by financing activities:    
Proceeds from the issuance of common stock, net 423,234 0
Principal payments on convertible notes (992,591) 0
Tax withholding payments or tax equivalent payments for net share settlement of restricted stock units (32,212) (85,769)
Net cash used in financing activities (601,569) (85,769)
Net decrease in cash (3,042,416) (1,895,464)
Cash at beginning of period 3,828,074 6,974,070
Cash at end of period 785,658 5,078,605
Supplement disclosures of cash flow information:    
Interest 83,332 95,388
Supplemental information of non-cash investing and financing activities:    
Initial recognition of right-of-use lease asset and lease liability 228,694 0
Par value of shares issued for vested restricted stock units $ 7 $ 4