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. |