4. CONVERTIBLE NOTES PAYABLE |
12 Months Ended | |||||||||||||||
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Mar. 31, 2021 | ||||||||||||||||
Convertible Notes Payable [Abstract] | ||||||||||||||||
CONVERTIBLE NOTES PAYABLE |
4. CONVERTIBLE NOTES PAYABLE
We paid off our convertible notes in full in July 2019. We also paid $83,332 of accrued interest during the fiscal year ended March 31, 2020. The following table shows the activity related to our convertible notes during the fiscal year ended March 31, 2020:
During the fiscal year ended March 31, 2020, we recorded interest expense of $23,759 related to the contractual interest rates of our convertible notes and interest expense of $30,287 related to the amortization of the note discount, for a total interest expense of $54,046 related to our convertible notes in the fiscal year ended March 31, 2020. |
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- References No definition available.
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- Definition The entire disclosure for long-term debt. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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