SUBSEQUENT EVENTS |
12 Months Ended |
|---|---|
Mar. 31, 2026 | |
| Subsequent Events [Abstract] | |
| SUBSEQUENT EVENTS | NOTE 15 - SUBSEQUENT EVENTS
Management has evaluated subsequent events from the balance sheet date through the date the financial statements were available to be issued and has determined that no material subsequent events exist other than the following:
In March and April 2026, the Company issued to five private investors for a total of restricted shares of its common stock, par value $0.001 per share. The price per share was $ for gross proceeds of $0.6 million.
In March through June 2026 an affiliate of our chief executive officer, Henrik Rouf, loaned to the company $22,000 pursuant to demand promissory notes bearing interest at 6% per annum.
On July 7, 2026, Andrew J. Ritter resigned from the Board of Directors of the Company, effective immediately. He also resigned from the Audit Committee, Compensation Committee and Nominating and Corporate Governance Committee of the Board.
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