Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited)

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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
9 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Cash flows used in operating activities:    
Net loss $ (4,594,850) $ (4,573,416)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 15,992 24,756
Stock based compensation 755,648 944,512
Loss on debt extinguishment 447,011 0
Gain on share for warrant exchanges (51,190) 0
Amortization of debt discount 30,287 90,861
Common stock issued for services 0 19,350
Non-cash rent expense 68,856 0
Changes in operating assets and liabilities:    
Accounts receivable (206,729) 74,813
Prepaid expenses and other current assets 169,691 152,411
Accounts payable and other current liabilities (271,533) 391,369
Deferred revenue 100,000 0
Lease liability (67,994) 0
Due to related parties 27,558 (20,616)
Net cash used in operating activities (3,577,253) (2,895,960)
Cash flows from investing activities:    
Purchases of property and equipment (148,064) 0
Net cash used in investing activities (148,064) 0
Cash flows provided by (used in) financing activities:    
Proceeds from the issuance of common stock, net 4,987,468 883,500
Principal payments on convertible notes (992,591) 0
Tax withholding payments or tax equivalent payments for net share settlement of restricted stock units (38,981) (136,709)
Net provided by financing activities 3,955,896 746,791
Net increase (decrease) in cash 230,579 (2,149,169)
Cash at beginning of period 3,828,074 6,974,070
Cash at end of period 4,058,653 4,824,901
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 10 138
Par value of shares issued for round up following reverse split $ 4 $ 0