v3.25.2
STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Cash Flows from Operating Activities:    
Net loss $ (2,527,041) $ (3,543,827)
Adjustments to reconcile net loss to cash flows used in operating activities:    
Depreciation and amortization 3,054 4,278
Foreign currency adjustments (5,728) (2,636)
Stock-based compensation 132,662 211,698
Non-cash Research and development 2,400,000
Non-cash interest related to Note extension 240,000
Amortization of ROU assets, net of liabilities 19,807 53,719
Changes in operating assets and liabilities:    
Prepaid expenses 2,190 (2,540)
Accounts payable 187,915 159,641
Accrued compensation 330,773 290,655
Other accrued liabilities (8,983) (28,536)
Net cash used in operating activities (1,625,351) (457,548)
Cash Flows from Investing Activities:    
Purchase of furniture and computer equipment (1,228) (6,299)
Net cash used in investing activities (1,228) (6,299)
Cash Flows from Financing Activities:    
Related party advances, net 9,962 3,490
Proceeds from notes payable to shareholder 3,844
Payments of notes payable to shareholders (201,562) (10,000)
Payments of notes payable to related parties (113,628) (47,500)
Proceeds from sale of common stock and warrants, net of offering costs 2,300,000 393,250
Net cash provided by financing activities 2,279,232 463,084
Increase (decrease) in cash and equivalents 652,653 (763)
Cash and cash equivalents, beginning of year 372 1,135
Cash and cash equivalents, end of year 653,025 372
Supplemental Cash Flow Information – Cash Paid For:    
Income taxes
Interest 27,568
Non-Cash Investing and Financing Activities:    
Accrued interest converted into notes payable to shareholder 82,232 66,459
Accrued interest converted into notes payable to related parties 24,771 52,546
Operating lease, ROU asset and liabilities 52,203 953,355
Note payable issued for research and development 2,400,000
Note payable issued for Note extension 240,000
Affiliated Entity [Member]    
Cash Flows from Financing Activities:    
Proceeds from notes payable to related parties $ 284,460 $ 120,000