Quarterly report pursuant to Section 13 or 15(d)

Balance Sheet Accounts (Tables)

v3.22.2
Balance Sheet Accounts (Tables)
3 Months Ended
Jun. 30, 2022
Balance Sheet Accounts  
Schedule of prepaid expenses and other current assets

    

June 30, 

    

March 31, 

2022

2022

Prepaid inventory

$

779,359

$

956,743

Prepaid insurance

 

208,333

 

77,553

Other prepaid expenses

 

68,460

 

93,066

$

1,056,152

$

1,127,362

Schedule of components of equipment

June 30, 2022

March 31, 2022

Accumulated

Accumulated

    

Cost

    

Depreciation

    

Net

    

Cost

    

Depreciation

    

Net

Computers and electronics

$

315,837

$

306,462

$

9,375

$

315,837

$

305,420

$

10,417

Furniture and fixtures

 

36,795

 

36,795

 

 

36,795

 

36,795

 

Demonstration equipment

 

168,981

98,467

70,514

 

168,691

 

87,874

 

80,817

Manufacturing equipment

 

88,742

 

88,742

 

 

88,742

 

88,742

 

Tools and parts

 

11,422

 

11,422

 

 

11,422

 

11,422

 

Assets under capital lease

 

68,453

 

68,453

 

 

68,453

 

68,453

 

$

690,230

$

610,341

$

79,889

$

689,940

$

598,706

$

91,234

Schedule of accrued expenses

    

June 30, 

    

March 31, 

2022

2022

Accrued personnel costs

$

174,361

$

115,992

Accrued director fees

 

537,500

 

480,672

Accrued commissions

 

 

22,924

Accrued professional fees

 

91,407

 

81,100

Accrued warranty costs

 

8,987

 

8,885

Accrued other

 

206,351

 

163,457

$

1,018,606

$

873,030