Document And Entity Information
Document And Entity Information - USD ($) $ in Thousands | 12 Months Ended | |
Mar. 31, 2019 | Jul. 16, 2019 | |
Document Information [Line Items] | ||
Entity Registrant Name | Tribus Enterprises, Inc. | |
Entity Central Index Key | 0001706573 | |
Trading Symbol | trib | |
Current Fiscal Year End Date | --03-31 | |
Entity Filer Category | Non-accelerated Filer | |
Entity Current Reporting Status | Yes | |
Entity Voluntary Filers | No | |
Entity Well-known Seasoned Issuer | No | |
Entity Emerging Growth Company | true | |
Entity Ex Transition Period | false | |
Entity Small Business | true | |
Entity Common Stock, Shares Outstanding (in shares) | 7,184,858 | |
Entity Public Float | $ 0 | |
Entity Shell Company | false | |
Document Type | 10-K | |
Document Period End Date | Mar. 31, 2019 | |
Document Fiscal Year Focus | 2019 | |
Document Fiscal Period Focus | FY | |
Amendment Flag | false |
Consolidated Balance Sheets
Consolidated Balance Sheets - USD ($) | Mar. 31, 2019 | Mar. 31, 2018 |
Current assets | ||
Cash | $ 33,970 | $ 913,958 |
Deposits, current | 402,000 | |
Prepaid expenses (Note 4) | 20,011 | |
Total current assets | 455,981 | 913,958 |
Deposits | 41,337 | 2,440 |
Equipment, net of accumulated depreciation of $194,226 and $13,360, respectively | 1,061,675 | 48,444 |
Total assets | 1,558,993 | 964,842 |
Current liabilities | ||
Accounts payable and accrued liabilities | 108,249 | 32,936 |
Interest payable | 23,612 | |
Accrued rent | 8,027 | 7,827 |
Deferred revenue | 814 | |
Capital lease, current (Note 8) | 214,529 | |
Loans payable, current (Note 7) | 82,449 | 6,488 |
Total current liabilities | 437,680 | 47,251 |
Capital lease, net of current portion (Note 8) | 667,053 | |
Loans payable, net of current portion (Note 7) | 14,057 | 20,545 |
Total liabilities | 1,118,790 | 67,796 |
Commitments and contingencies | ||
Stockholders' equity | ||
Common stock, $0.001 par value; 100,000,000 authorized; 7,184,858 and 6,903,658 issued and outstanding at March 31, 2019 and 2018, respectively | 7,185 | 6,904 |
Additional paid in capital | 1,818,694 | 1,462,533 |
Accumulated deficit | (1,407,042) | (593,399) |
Total stockholders' equity | 440,203 | 897,046 |
Total liabilities and stockholders' equity | 1,558,993 | 964,842 |
Series A Preferred Stock [Member] | ||
Stockholders' equity | ||
Preferred stock | 20,000 | 20,000 |
Series B Preferred Stock [Member] | ||
Stockholders' equity | ||
Preferred stock | $ 1,366 | $ 1,008 |
Consolidated Balance Sheets (Pa
Consolidated Balance Sheets (Parentheticals) - USD ($) | Mar. 31, 2019 | Mar. 31, 2018 |
Accumulated depreciation | $ 194,226 | $ 13,360 |
Preferred stock, par value (in dollars per share) | $ 0.001 | |
Preferred stock, shares authorized (in shares) | 25,000,000 | |
Common stock, par value (in dollars per share) | $ 0.001 | $ 0.001 |
Common stock, shares authorized (in shares) | 100,000,000 | 100,000,000 |
Common stock, shares issued (in shares) | 7,184,858 | 6,903,658 |
Common stock, shares outstanding (in shares) | 7,184,858 | 6,903,658 |
Series A Preferred Stock [Member] | ||
Preferred stock, par value (in dollars per share) | $ 0.001 | $ 0.001 |
Preferred stock, shares authorized (in shares) | 20,000,000 | 20,000,000 |
Preferred stock, shares issued (in shares) | 19,999,998 | 19,999,998 |
Preferred stock, shares outstanding (in shares) | 19,999,998 | 19,999,998 |
Series B Preferred Stock [Member] | ||
Preferred stock, par value (in dollars per share) | $ 0.001 | $ 0.001 |
Preferred stock, shares authorized (in shares) | 5,000,000 | 5,000,000 |
Preferred stock, shares issued (in shares) | 1,214,375 | 1,007,500 |
Preferred stock, shares outstanding (in shares) | 1,214,375 | 1,007,500 |
Consolidated Statements of Oper
Consolidated Statements of Operations - USD ($) | 12 Months Ended | |
Mar. 31, 2019 | Mar. 31, 2018 | |
Operating expenses | ||
Employee costs | $ 236,326 | $ 223,415 |
Professional fees | 89,165 | 35,632 |
General and administrative | 106,707 | 187,256 |
Facilities | 77,518 | 45,808 |
Research and development | 1,140 | 33,047 |
Depreciation expense | 180,595 | 12,986 |
Total operating expenses | 691,451 | 538,144 |
Other income (expense) | ||
Other income | 16,208 | |
Interest expense | (138,400) | |
Total other income (expense) | (122,192) | |
Net and comprehensive loss | $ (813,643) | $ (538,144) |
Net loss per share, basic and diluted (in dollars per share) | $ (0.11) | $ (0.09) |
Weighted average shares outstanding, basic and diluted (in shares) | 7,094,559 | 5,824,957 |
Consolidated Statement of Stock
Consolidated Statement of Stockholders' Equity - USD ($) | Preferred Stock [Member]Series A Preferred Stock [Member] | Preferred Stock [Member]Series B Preferred Stock [Member] | Common Stock [Member] | Additional Paid-in Capital [Member] | AOCI Attributable to Parent [Member] | Series B Preferred Stock [Member] | Total |
Balance (in shares) at Mar. 31, 2017 | 19,999,998 | 5,541,658 | |||||
Balance at Mar. 31, 2017 | $ 20,000 | $ 5,542 | $ 338,403 | $ (55,255) | $ 308,690 | ||
Preferred stock issued for cash (in shares) | 976,250 | ||||||
Preferred stock issued for cash | $ 976 | 780,024 | 781,000 | ||||
Common stock issued for cash (in shares) | 1,462,000 | ||||||
Common stock issued for cash | $ 1,462 | 344,038 | 345,500 | ||||
Exchange of common stock to series B convertible preferred stock (in shares) | 31,250 | (100,000) | |||||
Exchange of common stock to series B convertible preferred stock | $ 32 | $ (100) | 68 | ||||
Net loss | (538,144) | (538,144) | |||||
Balance (in shares) at Mar. 31, 2018 | 19,999,998 | 1,007,500 | 6,903,658 | ||||
Balance at Mar. 31, 2018 | $ 20,000 | $ 1,008 | $ 6,904 | 1,462,533 | (593,399) | 897,046 | |
Preferred stock issued for cash (in shares) | 358,125 | ||||||
Preferred stock issued for cash | $ 358 | 286,142 | 286,500 | ||||
Common stock issued for cash (in shares) | 281,200 | 358,125 | |||||
Common stock issued for cash | $ 281 | 70,019 | 70,300 | ||||
Net loss | (813,643) | (813,643) | |||||
Balance (in shares) at Mar. 31, 2019 | 19,999,998 | 1,365,625 | 7,184,858 | ||||
Balance at Mar. 31, 2019 | $ 20,000 | $ 1,366 | $ 7,185 | $ 1,818,694 | $ (1,407,042) | $ 440,203 |
Consolidated Statements of Cash
Consolidated Statements of Cash Flows - USD ($) | 12 Months Ended | |
Mar. 31, 2019 | Mar. 31, 2018 | |
Cash flows from operating activities | ||
Net loss | $ (813,643) | $ (538,144) |
Adjustments to reconcile net loss to net cash used in operating activities: | ||
Depreciation | 180,595 | 12,986 |
Loss on sale of equipment | 6,307 | |
Changes in operating assets and liabilities: | ||
Prepaid expenses | (20,011) | 2,992 |
Deposits | (440,897) | (200) |
Accounts payable and accrued liabilities | 75,583 | 29,693 |
Interest payable | 23,612 | |
Deferred rent | 200 | 7,827 |
Deferred revenue | 814 | |
Net cash used in operating activities | (987,440) | (484,846) |
Cash flows from investing activities | ||
Purchase of equipment | (58,840) | (21,231) |
Sale of equipment | 24,415 | |
Net cash used in investing activities | (34,425) | (21,231) |
Cash flows from financing activities | ||
Repayments of capital leases | (272,946) | |
Proceeds from loans payable | 100,000 | |
Repayments of loans payable | (41,978) | (5,407) |
Proceeds from sale of common stock | 70,300 | 345,500 |
Proceeds from the sale of series B preferred stock | 286,501 | 781,000 |
Net cash provided by financing activities | 141,877 | 1,121,093 |
Cash, beginning of period | 913,958 | 298,942 |
Net change in cash | (879,988) | 615,016 |
Cash, end of period | 33,970 | 913,958 |
Supplemental cash flow information | ||
Cash paid for interest | 114,788 | |
Cash paid for income taxes | ||
Supplemental disclosure of non-cash financing activities | ||
Capital leases entered into for purchase of equipment | 1,154,528 | |
Loan In Order to Acquire Equipment [Member] | ||
Supplemental disclosure of non-cash financing activities | ||
Loan entered into for the purchase of assets | 11,451 | |
Loan In Order to Acquire Vehicle [Member] | ||
Supplemental disclosure of non-cash financing activities | ||
Loan entered into for the purchase of assets | $ 32,439 |
Note 1 - Summary of Significant
Note 1 - Summary of Significant Accounting Policies | 12 Months Ended |
Mar. 31, 2019 | |
Notes to Financial Statements | |
Significant Accounting Policies [Text Block] | NOTE 1 A summary of significant accounting policies of Tribus Enterprises, Inc. (the “Company”) is presented to assist in understanding the Company’s consolidated financial statements. The accounting policies presented in these footnotes conform to accounting principles generally accepted in the United States of America and have been consistently applied in the preparation of the accompanying consolidated financial statements. These consolidated financial statements and notes are representations of the Company’s management who are responsible for their integrity and objectivity. Organization, Nature of Business and Trade Name The Company was incorporated in the State of Washington on March 29, 2017 December 1, 2015. March 29, 2017. not Basis of Presentation and Use of Estimates The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenue and expenses during the reported period. Actual results could differ from those estimates. Management further acknowledges that it is solely responsible for adopting sound accounting practices, establishing and maintaining a system of internal accounting control and preventing and detecting fraud. The Company’s system of internal accounting control is designed to assure, among other items, that ( 1 2 3 Cash and Cash Equivalents For purposes of the statement of cash flows, the Company considers all short-term debt securities purchased with maturity of three Principles of Consolidation The Company prepares its consolidated financial statements on the accrual basis of accounting. The accompanying consolidated financial statements include the accounts of the Company and its wholly owned subsidiary, both of which have a fiscal year end of March 31. Revenue and Cost Recognition The Company has no not Fair Value of Financial Instruments The Company applies fair value accounting for all financial assets and liabilities and non-financial assets and liabilities that are recognized or disclosed at fair value in the financial statements on a recurring basis. The Company defines fair value as the price that would be received from selling an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. When determining the fair value measurements for assets and liabilities, which are required to be recorded at fair value, the Company considers the principal or most advantageous market in which the Company would transact and the market-based risk measurements or assumptions that market participants would use in pricing the asset or liability, such as risks inherent in valuation techniques, transfer restrictions and credit risk. Fair value is estimated by applying the following hierarchy, which prioritizes the inputs used to measure fair value into three Level 1 Level 2 Level 3 The Company’s valuation techniques used to measure the fair value of money market funds and certain marketable equity securities were derived from quoted prices in active markets for identical assets or liabilities. The valuation techniques used to measure the fair value of all other financial instruments, all of which have counterparties with high credit ratings, were valued based on quoted market prices or model driven valuations using significant inputs derived from or corroborated by observable market data. In accordance with the fair value accounting requirements, companies may not Capital Stock The Company has authorized one hundred million 100,000,000 $0.001 twenty five 25,000,000 $0.001 25,000,000 20,000,000 5,000,000 Income Taxes The Company recognizes the tax effects of transactions in the year in which such transactions enter into the determination of net income, regardless of when reported for tax purposes. Basic Net Loss Per Share Basic net loss per share is calculated by dividing the Company’s net loss applicable to common shareholders by the weighted average number of common shares during the period. Diluted earnings per share is calculated by dividing the Company’s net income available to common shareholders by the diluted weighted average number of shares outstanding during the year. The diluted weighted average number of shares outstanding is the basic weighted number of shares adjusted for any potentially dilutive debt or equity. At March 31, 2019 2018, 19,999,998 19,999,998 1,365,625 1,007,500 10 4 March 31, 2019 2018 205,462,480 204,029,980 Advertising Costs The Company’s policy regarding advertising is to expense advertising when incurred. The Company incurred $148 $14,454 March 31, 2019 2018, Recently Issued Accounting Pronouncements In February 2016, No. 2016 02, 842 842 840, 842 December 15, 2018, No. 2016 02 April 1, 2019. Other recent accounting pronouncements issued by the FASB (including its Emerging Issues Task Force), the AICPA, and the SEC did not, not Related Parties The Company follows subtopic 850 10 Pursuant to Section 850 10 20 825–10–15, may one one one one The financial statements include disclosures of material related party transactions, other than compensation arrangements, expense allowances, and other similar items in the ordinary course of business. However, disclosure of transactions that are eliminated in the preparation of financial statements is not no not Property and equipment Property and equipment are stated at cost less accumulated depreciation. The Company provides for depreciation using the straight-line method over the estimated useful lives of the related assets, which range from three five Note 3 |
Note 2 - Going Concern
Note 2 - Going Concern | 12 Months Ended |
Mar. 31, 2019 | |
Notes to Financial Statements | |
Substantial Doubt about Going Concern [Text Block] | NOTE 2 – GOING CONCERN The Company's financial statements are prepared using accounting principles generally accepted in the United States of America applicable to a going concern, which contemplates the realization of assets and liquidation of liabilities in the normal course of business. However, the Company does not The ability of the Company to continue as a going concern is dependent upon its ability to successfully execute its plans and eventually attain profitable operations. The accompanying financial statements do not may may may no |
Note 3 - Equipment
Note 3 - Equipment | 12 Months Ended |
Mar. 31, 2019 | |
Notes to Financial Statements | |
Property, Plant and Equipment Disclosure [Text Block] | NOTE 3 The Company had equipment net of accumulated depreciation of $1,061,675 $48,444 March 31, 2019 2018, March 31, 2019 2018 Machinery $ 1,192,798 $ - Computers 18,606 17,307 Furniture and Equipment 6,083 6,083 Leasehold Improvements 975 975 Vehicles 37,439 37,439 Total 1,225,901 61,804 Less: accumulated depreciation (194,226 ) (13,360 ) Net carrying value $ 1,061,675 $ 48,444 During the year ended March 31, 2019, $30,722 $24,415 $6,307. |
Note 4 - Income Taxes
Note 4 - Income Taxes | 12 Months Ended |
Mar. 31, 2019 | |
Notes to Financial Statements | |
Income Tax Disclosure [Text Block] | NOTE 4 – INCOME TAXES The Company did not March 31, 2019 2018 March 31, 2019 2018. not not not December 22, 2017 35% 21%. 35.47% 21.47%. 2017 $6,700. The Company has not March 31, 2019 2018 740. not not The provision for income taxes differs from the amount computed by applying the statutory federal income tax rate to income before provision for income taxes. The sources and tax effects of the differences for the periods presented are as follows: March 31, 2019 2018 Income tax provision at the federal statutory rate 21.00 % 35.00 % Washington state business and occupancy tax rate, net of federal benefit 0.47 % 0.47 % Combined tax rate 21.47 % 35.47 % Deferred tax rate changes - US income tax reform - % (15.00 %) Change in valuation allowance (21.47 %) (20.47 %) Effect on operating losses 0.00 % 0.00 % Net deferred tax assets consist of the following: March 31, 2019 2018 Net operating loss carry forward $ 174,689 $ 110,158 Valuation allowance (110,158 ) Net deferred tax asset $ (174,689 ) $ - The net federal operating loss carry forward may may 381. |
Note 4 - Current Deposits
Note 4 - Current Deposits | 12 Months Ended |
Mar. 31, 2019 | |
Notes to Financial Statements | |
Inventory Disclosure [Text Block] | NOTE 4 During the year ended March 31, 2019, third $402,000 $2.46 first 163,415 Subsequent to March 31, 2019, third $402,000. $402,000 no March 31, 2019. |
Note 5 - Capital Stock
Note 5 - Capital Stock | 12 Months Ended |
Mar. 31, 2019 | |
Notes to Financial Statements | |
Stockholders' Equity Note Disclosure [Text Block] | NOTE 5 – CAPITAL STOCK Authorized The Company is authorized to issue up to 20,000,000 $0.001 5,000,000 $0.001 100,000,000 $0.001 The holders of the Series A Preferred Stock are entitled to 10 10 10 The holders of the Series B Preferred Stock are entitled to 4 4 Issued During the year ended March 31, 2019, 281,200 $0.25 $70,300. one 4,000 $1,000 During the year ended March 31, 2019, 358,125 $286,501. There were 19,999,998; 1,365,625 7,184,858 March 31, 2019. There were 19,999,998, 1,007,500 6,903,658 March 31, 2018. |
Note 6 - Commitments and Contin
Note 6 - Commitments and Contingencies | 12 Months Ended |
Mar. 31, 2019 | |
Notes to Financial Statements | |
Commitments and Contingencies Disclosure [Text Block] | NOTE 6 On March 23, 2017, April 30, 2022 May 20, 2017. March 12, 2019, March 31, 2022. The leases require future minimum payments as shown below: Year ending March 31, 2020 $ 496,757 2021 598,207 2022 599,725 2023 4,321 Total $ 1299,010 On November 5, 2018, $5,700 first $22,515 March 31, 2019. The Company incurred rent expense totaling $72,598 $51,518 March 31, 2019 2018, |
Note 7 - Loans Payable
Note 7 - Loans Payable | 12 Months Ended |
Mar. 31, 2019 | |
Notes to Financial Statements | |
Debt Disclosure [Text Block] | NOTE 7 During the prior fiscal year, the Company entered into a loan in order to acquire a vehicle. The loan is repayable over five $541 0%. not no $20,555 $27,033 March 31, 2019 2018 $6,488 $6,488 $14,057 $20,545 On July 27, 2018, $100,000. 24.37%, twelve July 27, 2019. $65,464 $0 March 31, 2019 2018, During the year ended March 31, 2019, twelve $954 0%. not no $10,497 $0 March 31, 2019 2018, |
Note 8 - Capital Leases Payable
Note 8 - Capital Leases Payable | 12 Months Ended |
Mar. 31, 2019 | |
Notes to Financial Statements | |
Capital Leases in Financial Statements of Lessee Disclosure [Text Block] | NOTE 8 The Company accounts for capital leases in accordance with ACS 840 30. March 31, 2019, seven $1 $1,162,240 $34,171. As of March 31, 2019, $1,291,288 June 2023 $409,706 $881,582. $214,529 $667,053 March 31, 2019. Future annual payments required under the capital leases through termination are as follows: Principal Interest Total Year ended March 31, 2020 $ 214,529 $ 230,698 $ 445,227 2021 271,026 125,564 396,590 2022 247,275 44,953 292,228 2023 104,863 8,317 113,180 2024 43,889 174 44,063 Total $ 881,582 $ 409,706 $ 1,291,288 |
Note 9 - Subsequent Events
Note 9 - Subsequent Events | 12 Months Ended |
Mar. 31, 2019 | |
Notes to Financial Statements | |
Subsequent Events [Text Block] | NOTE 9 As discussed in Note 4, third third |
Significant Accounting Policies
Significant Accounting Policies (Policies) | 12 Months Ended |
Mar. 31, 2019 | |
Accounting Policies [Abstract] | |
Basis of Presentation and Use of Estimates, Policy [Policy Text Block] | Basis of Presentation and Use of Estimates The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenue and expenses during the reported period. Actual results could differ from those estimates. Management further acknowledges that it is solely responsible for adopting sound accounting practices, establishing and maintaining a system of internal accounting control and preventing and detecting fraud. The Company’s system of internal accounting control is designed to assure, among other items, that ( 1 2 3 |
Cash and Cash Equivalents, Policy [Policy Text Block] | Cash and Cash Equivalents For purposes of the statement of cash flows, the Company considers all short-term debt securities purchased with maturity of three |
Consolidation, Policy [Policy Text Block] | Principles of Consolidation The Company prepares its consolidated financial statements on the accrual basis of accounting. The accompanying consolidated financial statements include the accounts of the Company and its wholly owned subsidiary, both of which have a fiscal year end of March 31. |
Revenue [Policy Text Block] | Revenue and Cost Recognition The Company has no not |
Fair Value of Financial Instruments, Policy [Policy Text Block] | Fair Value of Financial Instruments The Company applies fair value accounting for all financial assets and liabilities and non-financial assets and liabilities that are recognized or disclosed at fair value in the financial statements on a recurring basis. The Company defines fair value as the price that would be received from selling an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. When determining the fair value measurements for assets and liabilities, which are required to be recorded at fair value, the Company considers the principal or most advantageous market in which the Company would transact and the market-based risk measurements or assumptions that market participants would use in pricing the asset or liability, such as risks inherent in valuation techniques, transfer restrictions and credit risk. Fair value is estimated by applying the following hierarchy, which prioritizes the inputs used to measure fair value into three levels and bases the categorization within the hierarchy upon the lowest level of input that is available and significant to the fair value measurement: Level 1 Level 2 Level 3 The Company’s valuation techniques used to measure the fair value of money market funds and certain marketable equity securities were derived from quoted prices in active markets for identical assets or liabilities. The valuation techniques used to measure the fair value of all other financial instruments, all of which have counterparties with high credit ratings, were valued based on quoted market prices or model driven valuations using significant inputs derived from or corroborated by observable market data. In accordance with the fair value accounting requirements, companies may choose to measure eligible financial instruments and certain other items at fair value. The Company has not elected the fair value option for any eligible financial instruments. |
Stockholders' Equity, Policy [Policy Text Block] | Capital Stock The Company has authorized one hundred million 100,000,000 $0.001 twenty five 25,000,000 $0.001 25,000,000 20,000,000 5,000,000 |
Income Tax, Policy [Policy Text Block] | Income Taxes The Company recognizes the tax effects of transactions in the year in which such transactions enter into the determination of net income, regardless of when reported for tax purposes. |
Earnings Per Share, Policy [Policy Text Block] | Basic Net Loss Per Share Basic net loss per share is calculated by dividing the Company’s net loss applicable to common shareholders by the weighted average number of common shares during the period. Diluted earnings per share is calculated by dividing the Company’s net income available to common shareholders by the diluted weighted average number of shares outstanding during the year. The diluted weighted average number of shares outstanding is the basic weighted number of shares adjusted for any potentially dilutive debt or equity. At March 31, 2019 2018, 19,999,998 19,999,998 1,365,625 1,007,500 10 4 March 31, 2019 2018 205,462,480 204,029,980 |
Advertising Cost [Policy Text Block] | Advertising Costs The Company’s policy regarding advertising is to expense advertising when incurred. The Company incurred $148 $14,454 March 31, 2019 2018, |
New Accounting Pronouncements, Policy [Policy Text Block] | Recently Issued Accounting Pronouncements In February 2016, No. 2016 02, 842 842 840, 842 December 15, 2018, No. 2016 02 April 1, 2019. Other recent accounting pronouncements issued by the FASB (including its Emerging Issues Task Force), the AICPA, and the SEC did not, not |
Related Parties, Policy [Policy Text Block] | Related Parties The Company follows subtopic 850 10 Pursuant to Section 850 10 20 825–10–15, may one one one one The financial statements include disclosures of material related party transactions, other than compensation arrangements, expense allowances, and other similar items in the ordinary course of business. However, disclosure of transactions that are eliminated in the preparation of financial statements is not no not |
Property, Plant and Equipment, Policy [Policy Text Block] | Property and equipment Property and equipment are stated at cost less accumulated depreciation. The Company provides for depreciation using the straight-line method over the estimated useful lives of the related assets, which range from three five Note 3 |
Note 3 - Equipment (Tables)
Note 3 - Equipment (Tables) | 12 Months Ended |
Mar. 31, 2019 | |
Notes Tables | |
Property, Plant and Equipment [Table Text Block] | March 31, 2019 2018 Machinery $ 1,192,798 $ - Computers 18,606 17,307 Furniture and Equipment 6,083 6,083 Leasehold Improvements 975 975 Vehicles 37,439 37,439 Total 1,225,901 61,804 Less: accumulated depreciation (194,226 ) (13,360 ) Net carrying value $ 1,061,675 $ 48,444 |
Note 4 - Income Taxes (Tables)
Note 4 - Income Taxes (Tables) | 12 Months Ended |
Mar. 31, 2019 | |
Notes Tables | |
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block] | March 31, 2019 2018 Income tax provision at the federal statutory rate 21.00 % 35.00 % Washington state business and occupancy tax rate, net of federal benefit 0.47 % 0.47 % Combined tax rate 21.47 % 35.47 % Deferred tax rate changes - US income tax reform - % (15.00 %) Change in valuation allowance (21.47 %) (20.47 %) Effect on operating losses 0.00 % 0.00 % |
Schedule of Deferred Tax Assets {Table Text Block] | <table border="0" cellpadding="0" cellspacing="0" style="margin-right: 7.5%; margin-left: 7.5%; font-size: 10pt; font-family: "Times New Roman", Times, serif; text-indent: 0px; min-; min-width: 700px;"> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="6" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;">March 31,</div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;">2019</div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;">2018</div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 64%;"> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Net operating loss carry forward</div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;">$</td> <td style="text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">174,689</div></td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td style="width: 15%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">110,158</div></td> <td nowrap="nowrap" style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Valuation allowance</div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> </div></td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="width: 15%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(110,158</div></td> <td nowrap="nowrap" style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px;">)</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Net deferred tax asset</div> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 15%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(174,689</div></td> <td nowrap="nowrap" style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt;">)</td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 15%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">-</div></td> <td nowrap="nowrap" style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt;"> </td> </tr> </table></div>" id="sjs-B5"><div style="display: inline; font-family: times new roman; font-size: 10pt"><table border="0" cellpadding="0" cellspacing="0" style="margin-right: 7.5%; margin-left: 7.5%; font-size: 10pt; font-family: "Times New Roman", Times, serif; text-indent: 0px; min-; min-width: 700px;"> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="6" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;">March 31,</div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;">2019</div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;">2018</div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 64%;"> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Net operating loss carry forward</div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;">$</td> <td style="text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">174,689</div></td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td style="width: 15%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">110,158</div></td> <td nowrap="nowrap" style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Valuation allowance</div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> </div></td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="width: 15%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(110,158</div></td> <td nowrap="nowrap" style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px;">)</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Net deferred tax asset</div> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 15%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(174,689</div></td> <td nowrap="nowrap" style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt;">)</td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 15%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">-</div></td> <td nowrap="nowrap" style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt;"> </td> </tr> </table></div> |
Note 6 - Commitments and Cont_2
Note 6 - Commitments and Contingencies (Tables) | 12 Months Ended |
Mar. 31, 2019 | |
Notes Tables | |
Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block] | Year ending March 31, 2020 $ 496,757 2021 598,207 2022 599,725 2023 4,321 Total $ 1299,010 |
Note 8 - Capital Leases Payab_2
Note 8 - Capital Leases Payable (Tables) | 12 Months Ended |
Mar. 31, 2019 | |
Notes Tables | |
Schedule of Future Minimum Lease Payments for Capital Leases [Table Text Block] | Principal Interest Total Year ended March 31, 2020 $ 214,529 $ 230,698 $ 445,227 2021 271,026 125,564 396,590 2022 247,275 44,953 292,228 2023 104,863 8,317 113,180 2024 43,889 174 44,063 Total $ 881,582 $ 409,706 $ 1,291,288 |
Note 1 - Summary of Significa_2
Note 1 - Summary of Significant Accounting Policies (Details Textual) - USD ($) | 12 Months Ended | |
Mar. 31, 2019 | Mar. 31, 2018 | |
Common Stock, Shares Authorized | 100,000,000 | 100,000,000 |
Common Stock, Par or Stated Value Per Share | $ 0.001 | $ 0.001 |
Preferred Stock, Shares Authorized | 25,000,000 | |
Preferred Stock, Par or Stated Value Per Share | $ 0.001 | |
Incremental Common Shares Attributable to Dilutive Effect of Conversion of Preferred Stock | 205,462,480 | 204,029,980 |
Advertising Expense | $ 148 | $ 14,454 |
Minimum [Member] | ||
Property, Plant and Equipment, Useful Life | 3 years | |
Maximum [Member] | ||
Property, Plant and Equipment, Useful Life | 5 years | |
Series A Preferred Stock [Member] | ||
Preferred Stock, Shares Authorized | 20,000,000 | 20,000,000 |
Preferred Stock, Par or Stated Value Per Share | $ 0.001 | $ 0.001 |
Preferred Stock, Shares Outstanding, Ending Balance | 19,999,998 | 19,999,998 |
Convertible Preferred Stock, Shares Issued upon Conversion | 10 | |
Series B Preferred Stock [Member] | ||
Preferred Stock, Shares Authorized | 5,000,000 | 5,000,000 |
Preferred Stock, Par or Stated Value Per Share | $ 0.001 | $ 0.001 |
Preferred Stock, Shares Outstanding, Ending Balance | 1,214,375 | 1,007,500 |
Convertible Preferred Stock, Shares Issued upon Conversion | 4 |
Note 3 - Equipment (Details Tex
Note 3 - Equipment (Details Textual) - USD ($) | 12 Months Ended | |
Mar. 31, 2019 | Mar. 31, 2018 | |
Property, Plant and Equipment, Net, Ending Balance | $ 1,061,675 | $ 48,444 |
Disposal Group, Including Discontinued Operation, Property, Plant and Equipment | 30,722 | |
Proceeds from Sale of Property, Plant, and Equipment, Total | 24,415 | |
Gain (Loss) on Disposition of Property Plant Equipment, Total | $ (6,307) |
Note 3 - Equipment - Schedule o
Note 3 - Equipment - Schedule of Equipment (Details) - USD ($) | Mar. 31, 2019 | Mar. 31, 2018 |
Total | $ 1,225,901 | $ 61,804 |
Less: accumulated depreciation | (194,226) | (13,360) |
Net carrying value | 1,061,675 | 48,444 |
Machinery and Equipment [Member] | ||
Total | 1,192,798 | |
Computer Equipment [Member] | ||
Total | 18,606 | 17,307 |
Furniture and Fixtures [Member] | ||
Total | 6,083 | 6,083 |
Leasehold Improvements [Member] | ||
Total | 975 | 975 |
Vehicles [Member] | ||
Total | $ 37,439 | $ 37,439 |
Note 4 - Income Taxes (Details
Note 4 - Income Taxes (Details Textual) - USD ($) | 12 Months Ended | ||
Mar. 31, 2019 | Mar. 31, 2018 | Mar. 31, 2017 | |
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent | 21.00% | 21.00% | 35.00% |
Effective Income Tax Rate Reconciliation Before Reconciling Items, Percent | 21.47% | 21.47% | 35.47% |
Valuation Allowance, Deferred Tax Asset, Increase (Decrease), Amount | $ 6,700 |
Note 4 - Income Taxes - Provisi
Note 4 - Income Taxes - Provision for Income Taxes (Details) | 12 Months Ended | ||
Mar. 31, 2019 | Mar. 31, 2018 | Mar. 31, 2017 | |
Income tax provision at the federal statutory rate | 21.00% | 21.00% | 35.00% |
Washington state business and occupancy tax rate, net of federal benefit | 0.47% | 0.47% | |
Combined tax rate | 21.47% | 21.47% | 35.47% |
Deferred tax rate changes - US income tax reform | (15.00%) | ||
Change in valuation allowance | (21.47%) | (20.47%) | |
Effect on operating losses | 0.00% | 0.00% |
Note 4 - Income Taxes - Net Def
Note 4 - Income Taxes - Net Deferred Tax Assets (Details) - USD ($) | Mar. 31, 2019 | Mar. 31, 2018 |
Net operating loss carry forward | $ 174,689 | $ 110,158 |
Valuation allowance | (110,158) | |
Net deferred tax asset | $ (174,689) |
Note 4 - Current Deposits (Deta
Note 4 - Current Deposits (Details Textual) | 12 Months Ended |
Mar. 31, 2019USD ($)$ / shares | |
Advances for Inventory Units | $ 402,000 |
Inventory, Discount Price Per Unit | $ / shares | $ 2.46 |
Inventory, Number of Units to be Purchased | 163,415 |
Loss Contingency, Damages Sought, Value | $ 402,000 |
Reserve Against Deposit | $ 0 |
Note 5 - Capital Stock (Details
Note 5 - Capital Stock (Details Textual) | 12 Months Ended | |
Mar. 31, 2019USD ($)$ / sharesshares | Mar. 31, 2018USD ($)$ / sharesshares | |
Preferred Stock, Shares Authorized | 25,000,000 | |
Preferred Stock, Par or Stated Value Per Share | $ / shares | $ 0.001 | |
Common Stock, Shares Authorized | 100,000,000 | 100,000,000 |
Common Stock, Par or Stated Value Per Share | $ / shares | $ 0.001 | $ 0.001 |
Proceeds from Issuance of Common Stock | $ | $ 70,300 | $ 345,500 |
Common Stock, Shares, Issued, Total | 7,184,858 | 6,903,658 |
Common Stock, Shares, Outstanding, Ending Balance | 7,184,858 | 6,903,658 |
Subscription Agreements [Member] | ||
Common Stock, Par or Stated Value Per Share | $ / shares | $ 0.25 | |
Common Stock, Shares Subscribed but Unissued | 281,200 | |
Proceeds from Issuance of Common Stock | $ | $ 70,300 | |
Subscription Agreements [Member] | Commo Stock Subscriber [Member] | ||
Common Stock, Shares Subscribed but Unissued | 4,000 | |
Proceeds from Issuance of Common Stock | $ | $ 1,000 | |
Series A Preferred Stock [Member] | ||
Preferred Stock, Shares Authorized | 20,000,000 | 20,000,000 |
Preferred Stock, Par or Stated Value Per Share | $ / shares | $ 0.001 | $ 0.001 |
Preferred Stock, Voting Rights, Votes Per Share Held | 10 | |
Convertible Preferred Stock, Shares Issuable upon Conversion | 10 | |
Preferred Stock, Shares Issued, Total | 19,999,998 | 19,999,998 |
Preferred Stock, Shares Outstanding, Ending Balance | 19,999,998 | 19,999,998 |
Series B Preferred Stock [Member] | ||
Preferred Stock, Shares Authorized | 5,000,000 | 5,000,000 |
Preferred Stock, Par or Stated Value Per Share | $ / shares | $ 0.001 | $ 0.001 |
Preferred Stock, Voting Rights, Votes Per Share Held | 4 | |
Convertible Preferred Stock, Shares Issuable upon Conversion | 4 | |
Stock Issued During Period, Shares, New Issues | 358,125 | |
Proceeds from Issuance of Convertible Preferred Stock | $ | $ 286,501 | |
Preferred Stock, Shares Issued, Total | 1,214,375 | 1,007,500 |
Preferred Stock, Shares Outstanding, Ending Balance | 1,214,375 | 1,007,500 |
Note 6 - Commitments and Cont_3
Note 6 - Commitments and Contingencies (Details Textual) - USD ($) | Nov. 05, 2018 | Mar. 31, 2019 | Mar. 31, 2018 |
Operating Leases, Rent Expense, Net, Total | $ 72,598 | $ 51,518 | |
Office Sublease [Member] | |||
Sublease, Monthly Income | $ 5,700 | ||
Operating Leases, Income Statement, Sublease Revenue | $ 22,515 |
Note 6 - Commitments and Cont_4
Note 6 - Commitments and Contingencies - Future Minimum Payments (Details) | Mar. 31, 2019USD ($) |
2020 | $ 496,757 |
2021 | 598,207 |
2022 | 599,725 |
2023 | 4,321 |
Total | $ 1,299,010 |
Note 7 - Loans Payable (Details
Note 7 - Loans Payable (Details Textual) - USD ($) | Jul. 27, 2018 | Mar. 31, 2019 | Mar. 31, 2018 |
Secured Debt, Current | $ 82,449 | $ 6,488 | |
Secured Long-term Debt, Noncurrent | $ 14,057 | 20,545 | |
0% Loan Payable [Member] | |||
Debt Instrument, Term | 5 years | ||
Debt Instrument, Periodic Payment, Total | $ 541 | ||
Debt Instrument, Interest Rate, Stated Percentage | 0.00% | ||
Debt Instrument, Unamortized Discount, Total | $ 0 | ||
Secured Debt, Total | 20,555 | 27,033 | |
Secured Debt, Current | 6,488 | 6,488 | |
Secured Long-term Debt, Noncurrent | 14,057 | 20,545 | |
Loan Agreement [Member] | |||
Debt Instrument, Term | 1 year | ||
Debt Instrument, Interest Rate, Stated Percentage | 24.37% | ||
Debt Instrument, Face Amount | $ 100,000 | ||
Short-term Debt, Total | $ 65,464 | 0 | |
Loan In Order to Acquire Equipment [Member] | |||
Debt Instrument, Term | 1 year | ||
Debt Instrument, Periodic Payment, Total | $ 954 | ||
Debt Instrument, Interest Rate, Stated Percentage | 0.00% | ||
Debt Instrument, Unamortized Discount, Total | $ 0 | ||
Short-term Debt, Total | $ 10,497 | $ 0 |
Note 8 - Capital Leases Payab_3
Note 8 - Capital Leases Payable (Details Textual) | 12 Months Ended | |
Mar. 31, 2019USD ($) | Mar. 31, 2018USD ($) | |
Capital Leased Assets, Number of Units | 7 | |
Capital Leases, Buyout Option | $ 1 | |
Capitalized Contract Cost, Net, Current | 1,162,240 | |
Capital Leases, Future Minimum Payments, Present Value of Net Minimum Payments, Total | 1,291,288 | |
Capital Leases, Future Minimum Payments, Interest Included in Payments | 409,706 | |
Capital Leases, Future Minimum Payments, Net Minimum Payments, Total | 881,582 | |
Capital Lease Obligations, Current | 214,529 | |
Capital Lease Obligations, Noncurrent | 667,053 | |
Capital Lease Obligations [Member] | ||
Debt Instrument, Periodic Payment, Total | $ 34,171 |
Note 8 - Capital Leases Payab_4
Note 8 - Capital Leases Payable - Future Annual Principal Payments Under Capital Leases (Details) | Mar. 31, 2019USD ($) |
2020 | $ 445,227 |
2021 | 396,590 |
2022 | 292,228 |
2023 | 113,180 |
2024 | 44,063 |
Total | 1,291,288 |
Capital Lease [Member] | |
2020 | 214,529 |
2021 | 271,026 |
2022 | 247,275 |
2023 | 104,863 |
2024 | 43,889 |
Total | 881,582 |
Interest Payable [Member] | |
2020 | 230,698 |
2021 | 125,564 |
2022 | 44,953 |
2023 | 8,317 |
2024 | 174 |
Total | $ 409,706 |