v3.26.1
Condensed Consolidated Statements of Cash Flows (Unaudited)
 9 Months Ended
Dec. 31, 2024
USD ($)
CASH FLOWS FROM OPERATING ACTIVITIES  
Net loss $ (6,285,201)
Adjustments to reconcile net loss to net cash used in operating activities  
Depreciation expense 1,295,289
Amortization expense 1,102,500
Change in fair value of warrant liability (24,000)
Change in fair value of restructured notes payable 720,000
Financing costs 7,300
Gain on sale of machinery and equipment 39,330
Amortization of operating lease right-of-use assets 68,690
Changes in operating assets and liabilities:  
Accounts receivable (16,603)
Inventory 34,399
Prepaid expenses and other current assets 6,928
Accounts payable 478,407
Other accrued expenses 3,021
Accrued expenses - related parties 486,033
Accrued interest 18,409
Accrued interest - related parties 31,246
Operating lease liabilities (77,781)
Cash used in operating activities (2,112,033)
CASH FLOWS FROM INVESTING ACTIVITIES  
Cash received for sale of machinery and equipment 117,712
Cash provided by investing activities 117,712
CASH FLOWS FROM FINANCING ACTIVITIES  
Proceeds from short-term promissory note and lines of credit 799,084
Proceeds from sale of stock 760,693
Proceeds from promissory note, related parties 40,000
Proceeds from sale of Series G Preferred Shares 300,000
Cash provided by financing activities 1,899,777
NET CHANGE IN CASH (94,544)
CASH AT BEGINNING OF PERIOD 115,525
CASH AT END OF PERIOD 20,981
INTEREST PAID 616
Supplemental Disclosure of Non-Cash Investing and Financing Activities:  
Shares issues upon exchange of Partitioned Note 90,000
Dividends in kind issued $ 223,969