Quarterly report pursuant to Section 13 or 15(d)

Lease Obligations (Tables)

v3.20.2
Lease Obligations (Tables)
6 Months Ended
Sep. 30, 2020
Leases [Abstract]  
Schedule of Operating Lease Right of Use Assets and Liabilities

The tables below show the initial measurement of the operating lease right-of-use assets and liabilities as of April 1, 2020 and the balances as of September 30, 2020, including the changes during the periods:

 

    Operating lease right-of-use assets  
Operating lease right-of-use-assets obtained in exchange for lease obligation at April 1, 2020:   $ 585,513  
Less amortization of operating lease right-of-use assets     (101,870 )
Operating lease right-of-use assets at September 30, 2020   $ 483,643  

 

 

    Operating lease liabilities  
Lease liabilities arising from obtaining right-of-use assets at April 1, 2020:   $ 663,110  
Less principal payments on operating lease liabilities     (112,166 )
Lease liabilities at September 30, 2020     550,944  
Less non-current portion     303,894  
Current portion at September 30, 2020   $ 247,050