Quarterly report pursuant to Section 13 or 15(d)

Subordinated Debt Convertible and NonConvertible (Details Narrative)

v3.20.1
Subordinated Debt Convertible and NonConvertible (Details Narrative)
1 Months Ended 3 Months Ended 6 Months Ended 12 Months Ended
May 15, 2019
USD ($)
$ / shares
Apr. 03, 2017
USD ($)
integer
$ / shares
shares
Apr. 28, 2020
Jan. 20, 2017
USD ($)
Mar. 31, 2020
USD ($)
shares
Mar. 31, 2019
USD ($)
shares
Mar. 31, 2020
USD ($)
shares
Mar. 31, 2019
USD ($)
shares
Sep. 30, 2017
USD ($)
Mar. 01, 2020
shares
Sep. 30, 2019
shares
Oct. 02, 2015
USD ($)
Written off to loss on extinguishment of debt                 $ 300,000      
Future minimum payments of subordinated debt for 2020         $ 0,000   $ 0,000          
Future minimum payments of subordinated debt for 2021         0,000   0,000          
Future minimum payments of subordinated debt for 2022         19,700,000   19,700,000          
Amortization of debt discount             561,000 $ 398,000        
Common stock, shares issued | shares                   14,557 12,538  
10% Convertible Subordinated Note [Member]                        
Redemption price   100.00%                    
Note issued   $ 4,185,000                    
Maturity date of note   Oct. 03, 2021                    
Common stock conversion price | $ / shares   $ 5.83                    
Convertible consecutive trading days | integer   20                    
Redeemed principal amount   10.00%                    
Common stock, shares issued | shares   77,775                    
Gain (Loss) on extinguishment of debt                 400,000      
9.5% Convertible Subordinated Note [Member]                        
Note payable interest rate   9.50%                    
Note issued   $ 12,500,000                    
Maturity date of note   Oct. 03, 2021                    
Common stock conversion price | $ / shares   $ 5.83                    
Note interest description   Interest on the 9.5% Notes accrues and is payable quarterly in arrears on June 30, September 30, December 31 and March 31, beginning on June 30, 2017, and on each conversion date with respect to the 9.5% Notes (as to that principal amount then being converted), and on the Maturity Date (each such date, an “Interest Payment Date”).                    
Subscription Agreement [Member]                        
Note issued                   $ 4,185,000
Amortization of debt discount                 $ 100,000      
Debt issuance discount   $ 600,000                    
Addendum [Member]                        
Original principal amount       $ 1,000,000                
Cash paid to Sellers       $ 250,000                
Interest rate       5.50%                
JAX Legacy [Member]                        
Common stock shares issued, value         $ 105,000 $ 105,000 $ 210,000 $ 210,000        
Common stock share issued, shares | shares         261 149 410 189        
JAX Legacy [Member] | April 3, 2020 [Member]                        
Common stock shares issued, interest, shares | shares             345          
Common stock shares issued, interest, value             $ 105,000          
9.5% Convertible Subordinated Note [Member] | Board of Directors [Member]                        
Note issued $ 2,000,000                      
Maturity date of note Oct. 03, 2021                      
Note interest description Interest on the 8% Notes accrues at the rate of 8% per annum and shall be paid quarterly in non-cash payments-in-kind (“PIK”) in arrears on June 30, September 30, December 31 and March 31, beginning on June 30, 2019, on each conversion date with respect to the 8% Notes (as to that principal amount then being converted), and on the Maturity Date (each such date, an “Interest Payment Date”).                      
9.5% Convertible Subordinated Note [Member] | Series C Preferred Stock | Investor [Member]                        
Common stock shares issued, interest, shares | shares         42   83          
Common stock shares issued, interest, value         $ 42,000   $ 83,000          
Convertible subordinated notes issued, percent             8.00%          
Note payable interest rate 8.00%                      
Preferred stock conversion price | $ / shares $ 1.00                      
Redemption price 100.00%                      
Temporary equity description (A) the Company effects any sale of all or substantially all of its assets in one transaction or a series of related transactions or (B) the consummation of any transaction (including, without limitation, any merger or consolidation), the result of which is that any person or entity together with their affiliates, becomes the beneficial owner, directly or indirectly, of more than 50% of the Common Stock of the Company.                      
9.5% Convertible Subordinated Note [Member] | SNI Sellers [Member]                        
Common stock shares issued, value         $ 300,000 $ 300,000 $ 600,000 $ 600,000        
Common stock share issued, shares | shares         706 367 1,108 498        
Common stock shares issued, interest, value             $ 300          
9.5% Convertible Subordinated Note [Member] | SNI Sellers [Member] | April 3, 2020 [Member]                        
Common stock shares issued, value         $ 300,000        
Common stock share issued, shares | shares           931          
9.5% Convertible Subordinated Note [Member] | BCF [Member]                        
Amortization of debt discount         $ 80,000   $ 160,000          
Discount on issuance of note payable         $ 841,000   $ 841,000          
Subsequent Event [Member] | Seventh Amendment [Member]                        
Amendment description     The Seventh Amendment extends the maturity of the Credit Agreement from June 30, 2021 to June 30, 2023, lowered cash interest approximately 500 basis points (5%) per annum, postponed quarterly principal payments to recommence beginning June 30, 2021, and reduced the amounts of quarterly principal payments from the current $500,000 per quarter to $445,525.