v3.26.1
INVENTORY
12 Months Ended
Mar. 31, 2026
Inventory Disclosure [Abstract]  
INVENTORY

NOTE 2 – INVENTORY

 

Inventory consists of the following at March 31, 2026 and March 31, 2025:

 

   March 31, 2026   March 31, 2025 
Finished goods, net of allowances  $291,218   $21,782 
Work in process   21,850    41,540 
Raw materials   225,298    260,182 
Total  $538,366   $323,504 

 

As of March 31, 2026, the Company recorded an inventory allowance of $239,935 to reserve for the current market conditions with its licensed PrecisePRP™ (Platelet-Rich Plasma) product. The Company is undergoing negotiations to terminate its current licensing agreement with VetStem, whereby the PrecisePRP product has not been selling as originally expected. Therefore, management decided to sell the PrecisePRP product line at a discount, as to reduce the inventory levels, resulting in the Company recording an inventory reserve of $239,935.