Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited)

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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
6 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Cash Flows from Operating Activities    
Net Loss $ (3,651,140) $ (1,564,562)
Net Income from Discontinued Operations   761,768
Net Loss from Continuing Operations (3,651,140) (2,326,330)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation, Depletion, Amortization, and Accretion 5,132 7,834
Bad debt Expense 170,660 17,694
Share-Based Compensation 36,502 29,425
Loss from Equity Method Investment 2,140,121  
Change in Fair Value of Derivative Liability   (5)
Changes in Components of Working Capital and Other Assets:    
Accounts Receivable 55,060 (7,213)
Other Current Assets 155,053 234,145
Accounts Payable and Accrued Expenses (255,038) (409,682)
Net Cash Used in Operating Activities from Continuing Operations (1,343,650) (2,454,133)
Net Cash Used in Operating Activities from Discontinued Operations   (383,770)
Net Cash Used in Operating Activities (1,343,650) (2,837,903)
Investing Cash Flows    
Cash Paid for Subsidiary   (1,050,000)
Cash Paid for Issuance of Notes Receivable (4,200,000)  
Cash Received for Deposits   (31,534)
Net Cash Used in Investing Activities from Continuing Operations (4,200,000) (1,081,534)
Net Cash Used in Investing Activities from Discontinued Operations   (70,440)
Net Cash Used in Investing Activities (4,200,000) (1,151,974)
Financing Cash Flows    
Cash Paid for Settlement of Series B Preferred Stock Warrants   (25,000)
Proceeds from Issuance of Series C Preferred Stock 6,000,000  
Net Cash Provided by (Used In) Financing Activities from Continuing Operations 6,000,000 (25,000)
Net Cash Provided by Financing Activities from Discontinued Operations   454,210
Net Cash Provided by Financing Activities 6,000,000 429,210
Increase (Decrease) in Cash 456,350 (3,560,667)
Cash at Beginning of the Period 656,615 7,778,723
Cash at End of the Period $ 1,112,965 $ 4,218,056