MoneyOnMobile (MOMT) 10-Q 20 Feb 18 2018 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Dec. 31, 2017	Feb. 17, 2018
Document and Entity Information [Abstract]
Entity Registrant Name	MoneyOnMobile, Inc.
Entity Central Index Key	1,414,628
Current Fiscal Year End Date	--03-31
Entity Filer Category	Smaller Reporting Company
Document Type	10-Q
Document Period End Date	Dec. 31, 2017
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	Q3
Amendment Flag	false
Entity Common Stock, Shares Outstanding		77,426,346

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($)	Dec. 31, 2017	Mar. 31, 2017
Current Assets
Cash and equivalents	$ 4,673,805	$ 2,164,993
Due from distributors (Due from Related party: $108,707 and $106,109 as of December 31 and March 31, 2017)	1,362,754	327,535
Advances to aggregators	210,146	396,399
Other current assets	932,862	925,968
Total current assets	7,179,567	3,814,895
Property and equipment, net	3,442,255	3,483,520
Goodwill	12,712,484	12,508,791
Other intangible assets, net	3,968,838	4,286,938
Other non-current assets	371,528	366,979
Total assets	27,674,672	24,461,123
Current Liabilities
Accounts payable	3,616,125	1,769,667
Accrued liabilities	6,790,390	2,589,070
Related party payables	2,554,684	2,037,797
Current portion of long-term debt, net	10,505,526	9,508,025
Derivative liability	368,390	0
Advances from distributors	0	2,108,645
Preferred stock dividends	331,250	186,438
Mandatory redeemable financial instruments - current portion	3,034,615	3,010,254
Total current liabilities	27,200,980	21,209,896
Long-term debt	1,957,417	1,970,965
Mandatory redeemable financial instruments - long-term	761,237	1,443,059
Other non-current liabilities	104,536	106,046
Total liabilities	30,024,170	24,729,966
Commitments and contingencies
Shareholders' (Deficit)
Preferred stock Series E, $0.001 par value; 25,000 authorized, 2,530 and 2,530 shares issued and outstanding as of December 31 and March 31, 2017, respectively	3	3
Common stock, $0.001; 200,000,000 shares authorized, 75,820,525 and 64,069,666 shares issued and outstanding as of December 31 and March 31, 2017, respectively	75,820	64,070
Stock subscribed 1,461,365 and 157,143 shares issued and outstanding as of December 31 and March 31, 2017, respectively	1,461	157
Additional paid-in capital	53,983,555	49,550,769
Accumulated deficit	(59,141,714)	(50,102,952)
Cumulative other comprehensive loss	(1,023,454)	(1,080,141)
Total MoneyOnMobile, Inc. shareholders’ (deficit)	(6,104,329)	(1,568,094)
Noncontrolling interest	(3,172,269)	74,251
Total shareholders' (deficit)	(9,276,598)	(1,493,843)
Total liabilities and shareholders' (deficit)	27,674,672	24,461,123
Series D preferred stock
Current Liabilities
Preferred stock dividends	331,250	186,438
Preferred stock temporary equity	1,225,000	1,225,000
Series F preferred stock
Current Liabilities
Preferred stock temporary equity	$ 5,702,100	$ 0

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($)	Dec. 31, 2017	Mar. 31, 2017
Due from related party, distributors	$ 108,707	$ 106,109
Preferred stock Series E, par value (usd per share)	$ 0.001	$ 0.001
Preferred stock Series E, shares authorized (shares)	25,000	25,000
Preferred stock Series E, shares issued (shares)	2,530	2,530
Preferred stock Series E, shares outstanding (shares)	2,530	2,530
Common stock, par value (usd per share)	$ 0.001	$ 0.001
Common stock, shares authorized (shares)	200,000,000	200,000,000
Common stock, shares issued (shares)	75,820,525	64,069,666
Common stock, shares outstanding (shares)	75,820,525	64,069,666
Stock subscribed, shares issued (shares)	1,461,365	157,143
Stock subscribed, shares outstanding (shares)	1,461,365	157,143
Series D preferred stock
Temporary equity, par value (usd per share)	$ 0.001	$ 0.001
Temporary equity, shares authorized (shares)	2,142	2,142
Temporary equity, shares issued (shares)	1,225	1,225
Temporary equity, shares outstanding (shares)	1,225	1,225
Series F preferred stock
Temporary equity, par value (usd per share)	$ 0.001	$ 0.001
Temporary equity, shares authorized (shares)	10,000	0
Temporary equity, shares issued (shares)	5,702	0
Temporary equity, shares outstanding (shares)	5,702	0

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($)	3 Months Ended		9 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2017	Dec. 31, 2016
Income Statement [Abstract]
Revenues, net	$ 2,840,563	$ 969,442	$ 6,043,555	$ 3,459,000
Cost of revenues	1,321,074	393,758	2,776,477	1,552,670
Gross profit	1,519,489	575,682	3,267,078	1,906,328
General and administrative expenses
Salaries and wages	1,287,599	825,678	3,232,478	2,338,401
Selling, general and administrative	2,854,114	2,127,425	7,606,681	5,682,691
Depreciation and amortization	140,042	222,440	484,767	617,468
Total general and administrative	4,281,755	3,175,543	11,323,926	8,638,560
Operating loss	(2,762,266)	(2,599,861)	(8,056,848)	(6,732,232)
Other income (expenses)
Interest expense	(2,284,121)	(350,013)	(3,560,378)	(1,257,229)
Change in fair value of derivative liability	(579,795)	0	(512,098)	0
Gain on extinguishment of derivative liability	1,197,856	0	1,197,856	0
Accretion of fair value discount	(56,019)	0	(99,136)	0
Total other income (expenses)	(1,722,079)	(350,013)	(2,973,756)	(1,257,229)
Loss from operations, before income tax	(4,484,345)	(2,949,874)	(11,030,604)	(7,989,461)
Income tax benefit (expense)	0	0	0	0
Net loss	(4,484,345)	(2,949,874)	(11,030,604)	(7,989,461)
Preferred stock dividends	(45,939)	(277,980)	(144,814)	(277,980)
Net loss attributable to common stockholders	(4,530,284)	(3,227,854)	(11,175,418)	(8,267,441)
Net loss attributable to noncontrolling interest	(596,204)	(852,302)	(1,991,842)	(2,383,554)
Net loss attributable to MoneyOnMobile, Inc. shareholders	(3,934,080)	(2,375,552)	(9,183,576)	(5,883,887)
Other comprehensive income (loss):
Currency translation adjustments, net of tax	(237,383)	(272,887)	135,242	(392,921)
Total comprehensive loss	(4,767,667)	(3,500,741)	(11,040,176)	(8,660,362)
Comprehensive loss attributable to:
Noncontrolling interest	(653,176)	(934,168)	(1,933,509)	(2,501,430)
MoneyOnMobile, Inc. shareholders	$ (4,114,491)	$ (2,566,573)	$ (9,106,667)	$ (6,158,932)
Net loss per share, attributable to MoneyOnMobile, Inc. shareholders, basic and diluted (usd per share)	$ (0.05)	$ (0.04)	$ (0.13)	$ (0.11)
Weighted average number of shares outstanding, basic and diluted (shares)	73,519,865	57,333,039	70,449,899	54,214,721

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Cash Flows - USD ($)	9 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
OPERATING ACTIVITIES
Net loss	$ (11,030,604)	$ (7,989,461)
Adjustments to reconcile net loss to cash used in operating activities
Subordinated note discount amortization	1,527,866	575,071
Loss on change in value of derivative liability	512,098	0
Accretion of fair value discount	99,136	0
Depreciation and amortization	484,767	617,468
Stock based compensation	618,093	0
Equity awards issued for services	1,680,860	1,513,532
Gain on extinguishment of derivative liability	(1,197,856)	0
Changes in operating assets and liabilities:
Due from distributors	(1,035,219)	310,150
Other assets	174,810	51,537
Related party payables	516,887	521,748
Accounts payable and accrued liabilities	6,451,198	(1,880,782)
Advances from distributors	(2,108,645)	(1,727,591)
Net cash (used in) operating activities	(3,306,609)	(8,008,328)
INVESTING ACTIVITIES
Purchases of property and equipment	(46,963)	(70,423)
Acquisition of intangible assets	0	(50,830)
Net cash (used in) investing activities	(46,963)	(121,253)
FINANCING ACTIVITIES
Payments on notes payable and bank loan	(3,053,392)	(119,650)
Borrowings on senior and subordinate notes	5,488,981	1,349,257
Issuance of common stock and warrants	908,000	650,000
Issuance of preferred stock for cash	3,372,500	4,071,535
Payments to acquire noncontrolling interest	(875,795)	(268,653)
Proceeds from redemption of warrants for common stock	7,966	1,750,407
Change in bank overdrafts	(154,333)	80,505
Contributions made by noncontrolling interest	0	130,715
Reacquisition of common stock	0	(177,369)
Net cash provided by financing activities	5,693,927	7,466,747
Foreign currency effect on cash flows	168,457	(80,220)
Net change in cash and cash equivalents	2,508,812	(743,054)
Cash and cash equivalents at beginning of period	2,164,993	2,119,794
Cash and cash equivalents at end of period	$ 4,673,805	$ 1,376,740

Condensed Consolidated Stateme6

Condensed Consolidated Statement of Shareholders' (Deficit) - 9 months ended Dec. 31, 2017 - USD ($)	Total	Preferred Stock - Series E	Common Stock	Subscribed Stock	Paid-in Capital	Accumulated Deficit	Noncontrolling Interests	Comprehensive Income (Loss)
Balance at Mar. 31, 2017	$ (1,493,843)	$ 3	$ 64,070	$ 157	$ 49,550,769	$ (50,102,952)	$ 74,251	$ (1,080,141)
Balance, shares (shares) at Mar. 31, 2017		2,530	64,069,666	157,143
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of common stock for cash	$ 908,000		$ 3,063	$ (37)	904,974
Issuance of common stock for cash (shares)	3,026,689		3,063,269	(36,580)
Issuance of common stock for debt	$ 42,500		$ 170		42,330
Issuance of common stock for debt (shares)	170,000		170,000
Issuance of common stock for collateral	$ 0		$ 2,000		(2,000)
Issuance of common stock for collateral (shares)	2,000,000		2,000,000
Issuance of common stock for services	$ 905,345		$ 3,228	$ 150	901,967
Issuance of common stock for services (shares)	3,378,435		3,228,455	150,000
Warrants issued for services	$ 684,686				684,686
Warrants issued for debt financing	90,829				90,829
Warrants exercised for common stock	$ 7,966		$ 313	$ 1,191	6,462
Warrants exercised for common stock (shares)	1,504,223		313,401	1,190,822
Stock-based compensation - options	$ 618,093				618,093
Preferred dividends - series D	(144,812)				(144,812)
Redeemable purchase of noncontrolling interest	0				410,755		(402,153)	(8,602)
Purchase of subsidiary shares from noncontrolling interest	$ 0		$ 2,976		919,502		(910,858)	(11,620)
Purchase of subsidiary shares from noncontrolling interest (shares)	2,975,734		2,975,734
Net loss	$ (11,030,604)					(9,038,762)	(1,991,842)
Foreign currency translation adjustment	135,242						58,333	76,909
Balance at Dec. 31, 2017	$ (9,276,598)	$ 3	$ 75,820	$ 1,461	$ 53,983,555	$ (59,141,714)	$ (3,172,269)	$ (1,023,454)
Balance, shares (shares) at Dec. 31, 2017		2,530	75,820,525	1,461,385

Basis of Presentation

Basis of Presentation	9 Months Ended
	Dec. 31, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	BASIS OF PRESENTATION Certain information and footnote disclosures normally included in consolidated financial statements in accordance with U.S. GAAP have been omitted pursuant to requirements of the U.S. Securities and Exchange Commission (“SEC”). A description of our accounting policies and other financial information is included in our audited consolidated financial statements filed with the SEC on Form 10-K for the year ended March 31, 2017. The disclosures included in our accompanying interim financial statements and footnotes should be read in conjunction with our consolidated financial statements and notes thereto included in the Annual Report on Form 10-K. Operating results for the three and nine months ended December 31, 2017 are not necessarily indicative of the results that may be expected for the year ending March 31, 2018. Going Concern The Company’s consolidated financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the settlement of liabilities and commitments in the normal course of business. The Company had a net loss of $ (4,484,345) and $(11,030,604) for the three and nine months ended December 31, 2017. These conditions raise substantial doubt about the Company’s ability to continue as a going concern. The Company is continuing with its plan to expand its mobile payments and ATM processing operations in India. Management believes that its operating strategy will provide the opportunity for the Company to continue as a going concern as long as it continues to obtain sufficient external financing; however, there is no assurance this will occur. The accompanying condensed consolidated financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern. Reclassifications

Summary of Significant Accounti

Summary of Significant Accounting Policies	9 Months Ended
	Dec. 31, 2017
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Fair Value Measurements Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants on the measurement date. The Company believes the carrying values of cash and equivalents, accounts receivable, other current assets, accounts payable, accrued expenses, and interest payable approximate their fair values. Additionally, the Company believes the carrying value of its senior notes, subordinated notes, and note payable approximate the estimated fair value for debt with similar terms, interest rates, and remaining maturities currently available to companies with similar credit ratings. The estimated fair value of our common stock issued in share-based payments is measured by the more relevant of: (i) the prices received in private placement sales of our stock or; (ii) its publicly-quoted market price. We estimate the fair value of warrants, other than those included in common stock unit purchases, and stock options when issued or vested using the Black-Scholes option-pricing model which requires the input of highly subjective assumptions. Recognition in shareholders’ equity and expense of the fair value of stock options awarded to employees is on the straight-line basis over the requisite service period and, for grants to non-employees, when the options vest. The fair value of exercisable warrants on the date of issuance issued in connection with debt financing transactions or for services are deferred and expensed over the term of the debt or as services are performed. Convertible Instruments, including Derivatives Certain debt instrument require us to bifurcate conversion options from their host instruments and account for them as free standing derivative financial instruments according to certain criteria. This criteria includes (a) the economic characteristics and risks of the embedded derivative instrument are not clearly and closely related to the economic characteristics and risks of the host contract, (b) the hybrid instrument that embodies both the embedded derivative instrument and the host contract is not re-measured at fair value under otherwise applicable generally accepted accounting principles with changes in fair value reported in earnings as they occur and (c) a separate instrument with the same terms as the embedded derivative instrument would be considered a derivative instrument. Debt discounts under these arrangements are amortized over the term of the related debt to their date of redemption. We possess financial instruments that are considered derivatives or contain embedded features subject to derivative accounting. Embedded derivatives are valued separately from the host instrument and are recognized as derivative liabilities in our condensed consolidated balance sheet. We value these derivative liabilities using the binomial lattice model. The resulting liability is valued at each reporting date and the change in the liability is reflected as change in derivative liability as Other income (expense) in our condensed consolidated statements of operations and comprehensive loss. Based upon ASC 840-15-25, we have adopted a sequencing approach to our outstanding preferred stock. Pursuant to the sequencing approach, we evaluate our contracts based upon earliest issuance date wherein instruments with the earliest issuance date would be settled first. The sequencing policy also considers contingently issuable additional shares, such as those issuable upon a stock split, to have an issuance date to coincide with the event giving rise to the additional shares. Foreign Currency Translation The functional currency of MoneyOnMobile, consisting of DPPL, MMPL, SVR and Payblox, is the Indian Rupee. MoneyOnMobile assets and liabilities are translated into U.S. dollars at the exchange rates in effect at each consolidated balance sheet date. Revenues and expenses are translated at quarterly average exchange rates and resulting translation gains or losses are accumulated in other comprehensive loss as a separate component within the accompanying statements of shareholders’ equity. Additionally, cumulative translation adjustments recorded in other comprehensive income are reclassified to noncontrolling interest proportionally based on the weighted average percentage ownership interest held by the noncontrolling interest. Goodwill Goodwill consists of the cost of our acquired businesses in excess of the fair value of the identifiable net assets acquired and is allocated to reporting units based on the relative fair value of the future benefit of the purchased operations to our existing business units as well as the acquired business unit. The Company has elected to early adopt Accounting Standards Update No: 2017-04, Intangibles – Goodwill and Other (Topic 350): Simplifying the Accounting for Goodwill Impairment. We perform an annual impairment assessment in the fourth quarter of each fiscal year, or more frequently if indicators of potential impairment exist, to determine whether it is more likely than not that the fair value of a reporting unit in which goodwill resides is less than its carrying value. We have elected to first assess the qualitative factors to determine whether it is more likely than not that the fair value of our single reporting unit is less than its carrying amount as a basis for determining whether it is necessary to perform the goodwill impairment. Qualitative factors considered in this assessment include industry and market considerations, overall financial performance, and other relevant events and factors affecting the reporting unit. If we determine that it is more likely than not that its fair value is less than its carrying amount, then the goodwill impairment test is performed. To calculate any potential impairment, we compares the fair value of the reporting unit with its carrying amount. Any excess of the goodwill carrying amount over its fair value is recognized as an impairment loss, and the carrying value of goodwill is written down. Intangible Assets Intangible assets consist of software (excluding computer software), customer lists, trademarks, distributor contracts and domain names acquired through business combinations, or consists of software developed or obtained for internal use, as well as software intended for resale. Costs to develop internal use computer software during the application development stage are capitalized on a per project basis and are amortized on a straight line basis over its useful life. The weighted average amortization period is five years for customer lists, acquisition costs and trademarks, five years for internal use software, three years for software developed for resale and domain names are not amortized. Capitalized finite-lived intangible assets are amortized on a straight-line basis over their estimated useful lives. Indefinite-lived assets are not amortized, but reviewed at least annually for potential impairment. Impairment of Long-Lived Assets In addition to the annual goodwill impairment test, long-lived assets, including property and equipment and other intangible assets, are reviewed for possible impairment whenever events or circumstances indicate that the carrying amount of such assets may not be recoverable. If such review indicates that the carrying amount of long-lived assets is not recoverable, the carrying amount of such assets is reduced to fair value. In addition to the recoverability assessment, we review the remaining estimated useful lives of property and equipment and finite-lived intangible assets. If we reduce the estimated useful life assumption for any asset, the remaining unamortized balance would be amortized or depreciated over the revised estimated useful life. There were no adjustments to the carrying value or useful lives of long-lived assets (other than goodwill) during the three and nine months ended December 31, 2017 or 2016 . Revenue Recognition The Company recognizes revenue when (1) persuasive evidence of an arrangement exists; (2) delivery has occurred or services have been performed; (3) the price is fixed or determinable; and (4) collectability is reasonably assured. The following revenue recognition policies define the manner in which the Company accounts for sales transactions: A portion of revenue is attributable to Merchant Services, including Mobile Recharge and Direct-to-Home. In these transactions, revenue from purchased utility units is recognized on a net basis, as the Company is acting in an agent capacity. MoneyOnMobile does not change the product or perform part of the service, has minimal discretion in supplier selection, has minimal latitude in establishing prices and possesses no credit risk. Other services offered are Consumer Services, including bill payment, money transfer and cash-out ATM services. For bill payment transactions, we act as an agent with consumers. Distributors use our electronic wallet technology to allow consumers to pay utility bills by mobile phone text message and smart phone. We earn a fixed transaction fee for these services. For our money transfer services, once a consumer has established a MoneyOnMobile electronic wallet account, consumers can use our technology to facilitate non-distributor-related transactions with other parties that have MoneyOnMobile accounts, including other retailers and utilities and other consumers. We also earn a fixed transaction fee for these services. Distributors often keep a prepaid balance with MoneyOnMobile to facilitate transactions. Prepaid balances are deferred until utility units are delivered. As of December 31, 2017 and March 31, 2017, advances from distributors was $0 and $2,108,645 , respectively. Revenue from the above services and transaction fees are recognized on a net basis, as the Company is not the primary obligor, does not establish prices and does not maintain inventory or credit risk. Advertising Advertising costs are expensed as incurred. During the three months ended December 31, 2017 and 2016 , advertising expense was $18,673 and $70,275 , respectively. During the nine months ended December 31, 2017 and 2016 , advertising expense was $189,069 and $209,295 , respectively. Operating Lease Expense Rental expense, consisting primarily of office rent for our Corporate office in Dallas, Texas and satellite offices in India, totaled $49,379 and $50,670 during the three months ended December 31, 2017 and 2016 , respectively. Rental expense totaled $146,185 and $189,690 during the nine months ended December 31, 2017 and 2016 , respectively. Commitments and Contingencies In the normal course of business, there are various claims in process, matters in litigation, and other contingencies. Currently, there are no claims that have a material effect on the Company. New Accounting Pronouncements Not Yet Adopted In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers (Topic 606). ASU 2014-09 outlines a single comprehensive model for companies to use in accounting for revenue arising from contracts with customers and supersedes most current revenue recognition guidance, including industry-specific guidance. In March 2016, the FASB issued ASU 2016-08, “Principal Versus Agent Considerations (Reporting Revenue Gross Versus Net),” which amends the principal-versus-agent implementation guidance and in April 2016 the FASB issued ASU 2016-10, “Identifying Performance Obligations and Licensing,” which amends the guidance in those areas in the new revenue recognition standard. Both ASUs were issued in response to feedback received from the FASB-International Accounting Standards Board joint revenue recognition transition resource group. The new revenue standard is effective for our annual reporting period beginning April 1, 2018. We chose not to early adopt the new standard. We will use a modified retrospective approach to adopt the standard. We are in process of completing our assessment and will document our accounting policies applying the new revenue guidance. We do not expect that the implementation of the new standard will have a material effect on our consolidated results of operations, cash flows or financial position. The new standard will however require more extensive revenue-related disclosures. In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842). Lessees will be required to recognize a right-of-use asset and a lease liability for virtually all of their leases (other than leases that meet the definition of a short-term lease). The liability will be equal to the present value of lease payments. The asset will be based on the liability, subject to adjustment, such as for initial direct costs. For income statement purposes, a dual model was retained, requiring leases to be classified as either operating or finance leases. Operating leases will result in straight-line expense (similar to current operating leases) while finance leases will result in a front-loaded expense pattern (similar to current capital leases). The standard is effective for us beginning April 1, 2019. We do not intend to early adopt. We believe that the new standard will not have a material impact on our consolidated balance sheet. We are currently evaluating the effect that implementation of this standard will have on our consolidated results of operations, cash flows, financial position and related disclosures. In January 2016, the FASB issued ASU No. 2016-01, Financial Instruments - Overall (Topic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities ("ASU 2016-01"). ASU 2016-01 addresses certain aspects of recognition, measurement, presentation and disclosures of financial instruments including the requirement to measure certain equity investments at fair value with changes in fair value recognized in net income. ASU 2016-01 will become effective for us beginning April 1, 2018. We are currently evaluating the guidance to determine the potential impact on our consolidated results of operations, cash flows, financial position and related disclosures. In July 2017, the FASB issued ASU 2017-11, Accounting for Certain Financial Instruments with Down Round Features, which amends Earnings Per Share (ASC Topic 260), Distinguishing Liabilities from Equity (Topic 480), and Derivatives and Hedging (Topic 815). The amendments in Part I of this ASU change the classification analysis of certain equity-linked financial instruments (or embedded features) with down round features. When determining whether certain financial instruments should be classified as liabilities or equity instruments, a down round feature no longer precludes equity classification when assessing whether the instrument is indexed to an entity’s own stock. The amendments also clarify existing disclosure requirements for equity-classified instruments. As a result, a freestanding equity-linked financial instrument (or embedded conversion option) no longer would be accounted for as a derivative liability at fair value as a result of the existence of a down round feature. For freestanding equity classified financial instruments, the amendments require entities that present earnings per share (EPS) in accordance with Topic 260 to recognize the effect of the down round feature when it is triggered. That effect is treated as a dividend and as a reduction of income available to common shareholders in basic EPS. Convertible instruments with embedded conversion options that have down round features are now subject to the specialized guidance for contingent beneficial conversion features (in Subtopic 470-20, Debt—Debt with Conversion and Other Options), including related EPS guidance (in Topic 260). For us, this update is effective beginning April 1, 2019. We are currently evaluating the guidance to determine the potential impact on our consolidated results of operations, cash flows, financial position and related disclosures.

Property and Equipment

Property and Equipment	9 Months Ended
	Dec. 31, 2017
Property, Plant and Equipment [Abstract]
Property and Equipment	PROPERTY AND EQUIPMENT At December 31, and March 31, 2017 , property and equipment consisted of: December 31, 2017 March 31, 2017 Building $ 3,764,285 $ 3,744,261 Equipment 303,595 274,994 Furniture and fixtures 33,322 18,986 Subtotal 4,101,202 4,038,241 Less accumulated depreciation (658,947 ) (554,721 ) Property and equipment, net $ 3,442,255 $ 3,483,520 For the three months ended December 31, 2017 and 2016, depreciation expense was $30,117 and $70,852 , respectively. For the nine months ended December 31, 2017 and 2016, depreciation expense was $96,121 and $220,121

Variable Interest Entities

Variable Interest Entities	9 Months Ended
	Dec. 31, 2017
Equity Method Investments and Joint Ventures [Abstract]
Variable Interest Entities	VARIABLE INTEREST ENTITIES My Mobile Payments Limited No direct investment was made by the Company to MMPL during the three and nine months ending December 31, 2017 . During March 2017, the Company reached a settlement agreement with the co-founder of DPPL and MMPL. The Company agreed to purchase all DPPL and MMPL shares held by the co-founder and his business associates. During the nine months ended December 31, 2017 , the Company paid $875,795 to the co-founder to acquire 95,000 shares of MMPL and 122,774 shares of DPPL, and are being held in escrow until all the payments have been made. See Note 8: Mandatory Redeemable Financial Instruments for detail of payment schedule for the Company's purchase of the remaining shares held by the co-founder and his related associates. Net loss and comprehensive loss are attributed to controlling and noncontrolling interests. We elected to utilize a weighted average value calculation based on relative ownership interest of DPPL. For the nine months ended December 31, 2017 and 2016, the allocation of MoneyOnMobile to our controlling interest was 76.4% and 73.6% , respectively. The following table presents the Net Loss of Subsidiaries Attributable to MoneyOnMobile and Transfers (to) from Noncontrolling Interests during the nine months ended December 31, 2017 : Net loss attributable to MoneyOnMobile shareholders for the nine months ended December 31, 2017 $ (9,328,390 ) Transfers (to) from the noncontrolling interest Increase in paid-in capital for conversion of DPPL common shares to MoneyOnMobile, Inc. common shares 910,858 Increase in paid-in capital for purchase of DPPL and MMPL common shares from Noncontrolling interests 402,153 Net Transfers (to) from noncontrolling interest 1,313,011 Change from net loss attributable to MoneyOnMobile shareholders and transfers (to) from noncontrolling interests for the nine months ended December 31, 2017 $ (8,015,379 )

Goodwill

Goodwill	9 Months Ended
	Dec. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill	GOODWILL The following table is a reconciliation of the carrying amount of goodwill: Carrying value at March 31, 2017 $ 12,508,791 Net foreign exchange movement 203,693 Carrying value at December 31, 2017 $ 12,712,484

Other Intangible Assets, Net

Other Intangible Assets, Net	9 Months Ended
	Dec. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]
Other Intangible Assets, Net	OTHER INTANGIBLE ASSETS, NET Other intangible assets subject to amortization consisted of the following: December 31, 2017 March 31, 2017 Customer lists $ 1,223,774 $ 1,204,724 Software development costs 1,606,457 1,582,327 Trademarks 32,516 30,160 Contracts 86,561 86,229 2,949,308 2,903,440 Less accumulated amortization (2,420,426 ) (2,003,065 ) Total $ 528,882 $ 900,375 As of December 31, 2017 and 2016, the weighted average amortization period is approximately 5 years. For the three months ended December 31, 2017 and 2016 amortization expense was $ 109,925 and $ 151,588 , respectively. For the nine months ended December 31, 2017 and 2016 amortization expense was $388,646 and $397,347 , respectively. Other intangible assets not subject to amortization consisted of the following: December 31, 2017 March 31, 2017 License $ 2,469,122 $ 2,430,686 Trade name 960,834 945,877 Domain names 10,000 10,000 Total $ 3,439,956 $ 3,386,563

Accrued Liabilities

Accrued Liabilities	9 Months Ended
	Dec. 31, 2017
Payables and Accruals [Abstract]
Accrued Liabilities	ACCRUED LIABILITIES Accrued liabilities consisted of the following: December 31, 2017 March 31, 2017 Interest payable $ 1,359,493 $ 930,997 Wages and benefits 452,130 332,980 Foreign statutory fees 635,848 205,726 Bank overdraft — 154,333 Vendor payments 4,342,919 965,034 Total $ 6,790,390 $ 2,589,070

Mandatory Redeemable Financial

Mandatory Redeemable Financial Instruments	9 Months Ended
	Dec. 31, 2017
Other Liabilities Disclosure [Abstract]
Mandatory Redeemable Financial Instruments	MANDATORY REDEEMABLE FINANCIAL INSTRUMENTS During March 2017, the Company reached a settlement agreement with the co-founder of DPPL and MMPL. The Company agreed to purchase all DPPL and MMPL shares held by the co-founder and his business associates. The fair value of the forward contract at inception totaled $ 4,941,040 . During the nine months ended December 31, 2017 , the Company paid $875,795 and the remaining liability, net of fair value discount, at December 31, 2017 totaled $3,795,852 . Shares purchased are being held in escrow until all the payments are made. Also, $56,106 and $99,136 was expensed relating to the accretion of the fair value discount during the three and nine months ended December 31, 2017 . The following table provides a reconciliation of the activity for the nine months ended December 31, 2017 to the amounts recorded in the consolidated balance sheet: Total mandatory redeemable financial instruments $ 4,596,822 Fair value discount (143,509 ) Total mandatory redeemable financial instruments, net at March 31, 2017 4,453,313 Accretion of fair value discount 99,136 Net foreign exchange movement 119,198 Less payments (875,795 ) Total mandatory redeemable financial instruments, net at December 31, 2017 3,795,852 Less mandatory redeemable financial instruments - current portion (3,034,615 ) Mandatory redeemable financial instruments - long term portion $ 761,237 Purchase commitment schedule for the Company acquiring the following shares: MMPL DPPL Total For the quarter ended March 31, 2018 $ 1,555,977 $ 541,579 $ 2,097,556 For the quarter ended June 30, 2018 — 312,353 312,353 For the quarter ended September 30, 2018 — 312,353 312,353 For the quarter ended December 31, 2018 — 312,353 312,353 For the quarter ended March 31, 2019 — 302,820 302,820 For the quarter ended June 30, 2019 — 293,577 293,577 For the quarter ended September 30, 2019 — 164,840 164,840 Remaining share purchase commitment at December 31, 2017 $ 1,555,977 $ 2,239,875 $ 3,795,852 Beginning in July 2017, and due to a breach in repayments (see Note14: Commitments and Contingencies ), interest began accruing at 15% annum on approximately $1.0 million and $0.1 million of the repurchase liability associated with MMPL and DPPL, respectively. Specific to the MMPL share repurchase, the interest rate increased to 18% per annum beginning December 1, 2017. Interest incurred related to the share repurchase liability for the three and nine months ended December 31, 2017 totaled $52,216 and $85,447

Debt

Debt	9 Months Ended
	Dec. 31, 2017
Debt Disclosure [Abstract]
Debt	DEBT December 31, 2017 March 31, 2017 Convertible subordinated notes payable $ 3,067,500 $ 2,900,000 Notes payable and promissory notes 3,475,599 4,066,595 Building mortgage 2,054,319 2,040,802 Unsecured credit facility 3,865,525 2,974,000 Total 12,462,943 11,981,397 Less: debt discount — (502,407 ) 12,462,943 11,478,990 Less: current portion (10,505,526 ) (9,508,025 ) Long term debt $ 1,957,417 $ 1,970,965 Convertible Subordinated Notes Payable At December 31, 2017 , $2,900,000 subordinated debt remains outstanding that was issued pursuant to a $3 million Subordinated Debt Offering and a separate $2 million Subordinated Debt Offering. Each offering is exempt from registration under Rule 506 of Regulation D of the Securities and Exchange Commission (“SEC”), as described in the Current Reports on Form 8-K filed on January 6, 2011 and August 10, 2012. The notes are secured by a first lien on substantially all of the Company’s assets. The notes bear interest at a rate of 12% annually paid monthly in arrears. In March 2016, the Company extended the maturity date on its remaining subordinated notes from December 31, 2016 to December 31, 2017. Of the amount outstanding on December 31, 2017, $2,067,500 was converted into shares of the Company's Series G Preferred Stock on January 28, 2018, with the remaining $1,000,000 being extended to a maturity date of February 28, 2018. In May 2017, the Company entered into a securities purchase agreement, whereby the Company issued and sold to an investor, a Convertible Promissory Note with a principal sum of $210,000 , 420,000 warrants to purchase shares of common stock and 85,000 restricted common shares. This note bears interest at 10% per annum. At any time after the issuance date, the holder can convert any portion of the original principal amount and interest at a conversion price of $0.25 per share. The Company received $200,000 in cash proceeds. During the quarter ended December 31, 2017, this investor converted $42,500 of principal and relating unpaid interest into shares of the Company's common stock. In January 2018, the investor converted the remaining $180,000 of principal and unearned interest into shares of the Company's common stock. In August 2017, the Company entered into a securities purchase agreement, whereby the Company issued and sold to an investor a Convertible Promissory Note with a principal sum of $1,136,363 . This note bears interest at 8% per annum and has a maturity date six months from the effective date of each payment and is secured by all the assets of the Company. The Company received $982,500 in cash proceeds during the nine months ended December 31, 2017 . The Company repaid the promissory note in full in December 2017. The total cash payment, including principal, interest and debt issuance costs totaled approximately $1,500,000 . As part of the above financing, the Company issued the Note Holder 1,377,409 warrants to purchase shares of Common Stock with an exercise price of 150% of the closing bid price of the Company's common stock on the issuance date. The term of these warrants is five years with the fair value recorded as derivative liabilities in the condensed consolidated balance sheet. Additionally, as the Company repaid the promissory note, the related derivative liability associated with the conversion feature has been extinguished. See note 10: Fair Value of Financial Instruments for additional details on the calculation of fair value at inception and during the three and nine months ended December 31, 2017 . In December 2017, the Company issued $2,080,000 in convertible promissory notes, which bear interest at a rate of twelve percent ( 12% ) per annum and possess a maturity date five years after the issuance date. As part of this financing, the Company issued to Note Holders 624,000 warrants to purchase shares of Common Stock with an exercise price of $0.40 per share. The principal and accrued interest, automatically convert into shares of Series F Convertible Preferred Stock (the “Series F Preferred”) simultaneously with the aggregate sale of Series F Preferred equal to $5,000,000 . Also, in December 2017, the Company achieved an aggregate sale of over $5,000,000 in Series F Preferred shares. At that time, the outstanding aggregate principal and interest totaling $2,329,600 converted into 2,329.6 shares of Series F Preferred Stock. For the three months ended December 31, 2017 and 2016 , amortized debt discount included in interest expense totaled $1,187,210 and $226,911 , respectively. For the nine months ended December 31, 2017 and 2016 , amortized debt discount included in interest expense totaled $1,633,054 and $572,679 , respectively. During the nine months ended December 31, 2017 and 2016 , the Company made principal payments of $1,136,363 and $0 , respectively. Notes Payable and Promissory Notes In April 2016, and in connection with the Company's sale of its U.S. Operations, the Company issued two promissory notes. First, $727,285 , of which $720,084 was the note balance included in the asset purchase agreement, with the remaining balance as subsequent interest incurred. This note possesses an interest rate of 12% per annum payable monthly and matures on December 31, 2017. Also, the Company issued the buyer of its U.S. Operations, a $675,000 promissory note in exchange for the buyer waiving any claims for breach of the purchase agreement. The Company escrowed 2,000,000 shares of its common stock as a guarantee of repayment. In December 2017, the Company modified the repayment terms of the promissory note. In connection with the modification, the Company released to the note holder's custody, 2,000,000 shares of its common stock. Upon a full repayment by the Company, the note holder has agreed to surrender these common shares back to the Company. During the nine months ended December 31, 2017 and 2016 , the Company made principal payments of $200,000 and $0 . The remaining balance of the promissory note will be paid in monthly installments through June 2018. Next, the Company issued three notes totaling $546,440 , which represented the remaining outstanding debt of the U.S. Operations that was not included in the sale of U.S. Operations. These notes were converted into shares of the Company's Series G Preferred Stock on January 28, 2018. During the nine months ended December 31, 2017 and 2016 , the Company made principal payments on other notes payable of $48,536 and $60,531 , respectively. In June 2015, MMPL obtained a $60,000 loan from Bajaj Finserv with an interest rate of 19% per annum payable monthly with a maturity date in May 2018. During December 2016, MMPL obtained an additional $30,000 from Bajaj Finserv. During the nine months ended December 31, 2017 and 2016 , the Company made principal payments of $18,617 and $14,162 , respectively. In March 2017, the Company executed a $2,000,000 promissory note to HALL MOM, LLC., a Texas limited liability company (“HALL MOM"). This note possesses an interest rate of 10% per annum payable monthly from March through May 2017, and 15% annum thereafter. Monthly payments are due each month at a minimum of $50,000 . In December 2017, the Company modified the repayment terms of this note. The Company made a cash payment of $50,000 as a restructuring fee and $850,000 as a payment towards principal. Additionally, the Company agreed to make monthly installment payments of $100,000 to be applied to the principal beginning February 1, 2018. The remaining balance matures on October 31, 2018. During the nine months ended December 31, 2017 and 2016 , the Company made principal payments of $1,091,749 and $0 , respectively. In May 2017, the Company issued a Secured Promissory Note with a principal sum of $200,000 and matures after twelve months. Interest accrues at 10% per annum, and increases to 13% per annum in December 2017 and increases an additional 1% each month afterward until maturity. The Company received $200,000 in cash proceeds. In June 2017, the Company issued a Secured Promissory Note with a principal sum of $300,000 and matures after twelve months. Interest accrues at 10% per annum, and increases to 13% per annum in January 2018 and increases an additional 1% each month afterward until maturity. The Company received $300,000 in cash proceeds. In August 2017, the Company issued a Secured Promissory Note with a principal sum of $300,000 and matures after twelve months. Interest accrues at 10% per annum, and increases to 13% per annum in March 2018 and increases an additional 1% each month afterward until maturity. The Company received $300,000 in cash proceeds. Building Mortgage During the quarter ended June 30, 2015, MMPL refinanced its office building loan by replacing it with a $2,198,000 loan with Standard Chartered. The loan has a variable interest of 11.10% per annum with principal and interest payments to be made in 180 equal monthly installments. During the nine months ended December 31, 2017 and 2016 , the Company made principal payments on other notes payable of $78,606 and $43,022 , respectively. Unsecured Credit Facility In December 2016, MMPL entered into a Loan Agreement with YES BANK Limited, which provided MMPL an unsecured credit facility totaling approximately $1.5 million . As part of the agreement, a MoneyOnMobile, Inc. shareholder provided the lender with a $2.0 million standby letter-of-credit to the lender as collateral. Borrowings under the Credit Facility are at a variable rate based on 2.1% over a base rate, which is currently equal to 9.5% . The resulting aggregate interest rate on the Credit Facility totals 11.6% . In March 2017, MMPL amended its December 2016 loan agreement with YES BANK Limited, which extended the unsecured credit facility from $1.5 million to $3.0 million . As part of the amendment, a MoneyOnMobile, Inc. shareholder provided the lender with an additional $2.0 million standby letter-of-credit to the lender as collateral. In December 2017, MMPL amended the loan agreement to extend the maturity to December 2018. No other terms of the original Loan Agreement were changed. Additionally, the Company maintains numerous operating cash accounts at YES BANK Limited. At December 31, 2017, total cash held within these accounts totaled $1.9 million and is recorded as Cash in the condensed consolidated balance sheet. Accrued interest for the nine months ended December 31, 2017 totaled $32.4 thousand . During the nine months ended December 31, 2017 and 2016 , the Company had total borrowings of $1,295,343 and $0 . During the nine months ended December 31, 2017 and 2016 , the Company made principal payments of $479,521 and $0 , respectively. The unused line of credit at December 31, 2017 net of cash and interest payable was approximately $898,139

Fair Value of Financial Instrum

Fair Value of Financial Instruments	9 Months Ended
	Dec. 31, 2017
Fair Value Disclosures [Abstract]
Fair Value of Financial Instruments	FAIR VALUE OF FINANCIAL INSTRUMENTS We measure the fair value of financial assets and liabilities based on the guidance of ASC 820 “Fair Value Measurements and Disclosures” which defines fair value, establishes a framework for measuring fair value, and expands disclosures about fair value measurements. ASC 820 defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. ASC 820 also establishes a fair value hierarchy, which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. ASC 820 describes three levels of inputs that may be used to measure fair value: Level 1 - quoted prices in active markets for identical assets or liabilities Level 2 - quoted prices for similar assets and liabilities in active markets or inputs that are observable Level 3 - inputs that are unobservable based on an entity’s own assumptions, as there is little, if any, related market activity (for example, cash flow modeling inputs based on assumptions) Financial liabilities as of December 31, 2017 measured at fair value on a recurring basis are summarized below: December 31, Quoted Prices Significant Significant Derivative liability $ 368,390 $ — $ — $ 368,390 The Company determined that certain conversion options related to a convertible note and the related detachable warrants did not have fixed settlement provisions and are deemed to be derivative financial instruments, since the exercise price was subject to adjustment based on certain changes in market price of the Company’s common stock. Accordingly, the Company was required to record such conversion options as a liability and mark such derivatives to fair value each reporting period. Such instruments were classified within Level 3 of the valuation hierarchy. The fair value of the promissory note and related detachable warrants conversion options were calculated using a binomial lattice model with the following weighted average assumptions at inception beginning August 30 through December 31, 2017. August 30, 2017 September 21, 2017 September 30, 2017 Common Stock Closing Price $ 0.27 $ 0.22 $ 0.21 Conversion Price per Share $0.16 - 0.40 $0.14 - 0.33 $0.14 - 0.40 Promissory Note - Conversion Shares 3,453,991 1,979,726 3,959,453 Warrants - Options Valued 688,704 344,352 1,033,056 Dividend Yield — % — % — % Volatility 124.13 % 127.45 % 127.94 % Risk-free Interest Rate 1.70 % 1.89 % 1.92 % Term (years) 0.5 - 5 0.5 - 5 0.4 - 5 October 12, 2017 November 8, 2017 December 29, 2017 Common Stock Closing Price $ 0.21 $ 0.22 $ 0.32 Conversion Price per Share $0.14 - 0.32 $0.15 - $0.33 $0.15 - $0.33 Promissory Note - Conversion Shares 1,217,532 773,036 4,909,086 Warrants - Options Valued 206,612 137,741 1,377,409 Dividend Yield — % — % — % Volatility 130.12 % 125.67 % 129.29 % Risk-free Interest Rate 1.95 % 2.01 % 2.20 % Term (years) 0.5 - 5 0.5 - 5 0.4 - 5 The risk-free interest rate is the United States Treasury rate on the measurement date having a term equal to the remaining contractual life of the instrument. The volatility is a measure of the amount by which the Company’s share price has fluctuated or is expected to fluctuate. The dividend yield is 0% as the Company has not made any dividend payment and has no plans to pay dividends in the foreseeable future. Level 3 liabilities are valued using unobservable inputs to the valuation methodology that are significant to the measurement of the fair value of the derivative liabilities. For fair value measurements categorized within Level 3 of the fair value hierarchy, the Company’s Chief Financial Officer, who reports to the Chief Executive Officer, determine its valuation policies and procedures. The development and determination of the unobservable inputs for Level 3 fair value measurements and fair value calculations are the responsibility of the Company’s Chief Financial Officer and are approved by the Chief Executive Officer. Level 3 financial liabilities consist of the derivative liabilities for which there is no current market for these securities such that the determination of fair value requires significant judgment or estimation. Changes in fair value measurements categorized within Level 3 of the fair value hierarchy are analyzed each period based on changes in estimates or assumptions and recorded as appropriate. Significant observable and unobservable inputs include stock price, exercise price, annual risk free rate, term, and expected volatility, and are classified within Level 3 of the valuation hierarchy. An increase or decrease in volatility or interest free rate, in isolation, can significantly increase or decrease the fair value of the derivative liabilities. Changes in the values of the derivative liabilities are recorded as a component of other income (expense) on the Company’s condensed consolidated statements of operations. The following table sets forth a summary of the changes in the fair value of the Company’s Level 3 financial liabilities that are measured at fair value on a recurring basis using significant unobservable input for the nine months ended December 31, 2017 : Balance - April 1, 2017 $ — Aggregate amount of derivative instruments issued 1,054,148 Change in fair value of derivative liabilities 512,098 Extinguishment of derivative liability - repayment of convertible promissory notes (1,197,856 ) Balance - December 31, 2017 $ 368,390

Capital Stock

Capital Stock	9 Months Ended
	Dec. 31, 2017
Stockholders' Equity Note [Abstract]
Capital Stock	CAPITAL STOCK We have not agreed to register any of our common stock or warrants for resale under the Securities Act of 1933, as amended; however, 9,565,669 shares common stock and warrants to acquire 2,144,123 shares of our common stock have customary “piggy back” registration rights in the event we register shares of our common stock in the future. On May 1, 2017, the Company held a special meeting of shareholders pursuant to notice duly given. At the special meeting, the Company submitted for approval by its shareholders proposals (i) to amend its Amended and Restated Certificate of Formation - For-Profit Corporation to effect a reverse share split with respect to the Company’s issued and outstanding common stock, par value $0.001 per share, at a ratio of between 1-for-5 and 1-for-20 (the “Exchange Range”), with the ratio within such Exchange Range to be determined at the discretion of the Board (the “Reverse Share Split”) and the Reverse Share Split shall be effected at such time as the Board deems proper and ready. As of December 31, 2017 and through the date of this quarterly report, the Reverse Share Split remains on hold. Common Stock During the nine months ended December 31, 2017 and 2016, the Company issued shares of its common stock as follows: 2017 2016 Shares Amount Shares Amount Issuance of common stock for cash 3,026,689 (1) $ 908,000 1,083,334 $ 650,000 Issuance of common stock for services 3,378,435 (1) 905,345 2,169,237 (1) 1,143,225 Issuance of common stock for warrants exercised 1,504,223 (1) 7,966 6,116,864 (1) 1,744,833 Issuance of common stock for converted preferred stock and dividends — — 1,756,693 — Issuance of common stock for converted debt and relating interest 170,000 42,500 499,072 — Purchases of subsidiary shares from noncontrolling interest 2,975,734 — — — Issuance of common stock for collateral 2,000,000 — — — (1) - Shares total includes certain subscribed stock. Convertible Preferred Stock - Series D During the nine months ended December 31, 2017 and 2016, the Company issued 0 and 1,542 shares, respectively, of its Series D Convertible Preferred Stock (the “Series D Preferred”), par value $0.001 per share and a stated value of $1,000 per share. In connection with the issuance of the Series D Preferred, the Company issued warrants to purchase 0 and 385,384 shares, respectively, of Common Stock at an exercise price of $0.75 per share. The Company received gross proceeds of $0 and $1,541,535 , respectively, in consideration for the issuance of these securities. The investor shall have the right to convert the preferred shares, including accrued dividends ( 15% annually), into the Company's common stock at any time at $0.60 per share. At the completion of a certain level of equity funding, the investor must convert their outstanding investment, including accrued dividends to either: (i) cash; (ii) Company common stock at $0.60 per share; or (iii) Company common stock at the not yet determined equity raise per share value. During the nine months ended December 31, 2017 and 2016, 0 and 916 shares of Series D Preferred were converted into common stock. At December 31 and March 31, 2017, outstanding cumulative Series D Preferred dividends totaled $331,250 and $186,438 , respectively. Convertible Preferred Stock - Series E During the nine months ended December 31, 2017 and 2016, the Company issued 0 and 2,530 shares of its Series E Convertible Preferred Stock (the “Series E Preferred”), par value $0.001 per share and a stated value of $1,000 per share. In connection with the issuance of the Series E Preferred during the nine months ended December 31, 2016, the Company received gross proceeds of $2,530,000 in consideration for the issuance of the securities. The Series E Preferred is voluntarily convertible into shares of Common Stock of the Company at a conversion price of $1.59 ("Incentive Conversion Price"). In December 2017, the Company's Board of Directors approved a board resolution to lower the Incentive Conversion Price to $1.00 . There also exists contingent redemption features with these securities. In the event the Company's Common Stock is uplist to a major stock exchange, all outstanding Series E Preferred will be automatically converted into Common Stock at a conversion price equal to $1.34 . Holders of Series E Preferred are not entitled to receive dividends. Convertible Preferred Stock - Series F During the nine months ended December 31, 2017 and 2016, the Company issued 5,702 and 0 shares, respectively, of its Series F Preferred, par value $0.001 per share and a stated value of $1,000 per share. The Company received gross proceeds of $5,702,100 and $0 , respectively, in consideration for the issuance of these securities. The Company issued 2,329.6 shares of Series F Preferred in connection with the automatic conversion of certain convertible promissory note having outstanding aggregate principal equal to $2,080,000 and $249,600 in interest for a total aggregate amount totaling $2,329,600 . The remaining 3,374.4 shares of Series F Preferred were issued upon receipt of $3,372,500 in cash. The investor shall have the right to convert the preferred shares, including accrued dividends ( 8% annually), into the Company's common stock at any time at $0.25 per share. The investor must convert their outstanding investment, including accrued dividends upon the occurrence of both (i) uplisting to a national exchange; and (ii) if during any ten consecutive trading days the lowest traded share price is equal to or greater than $1.25 per share. During the nine months ended December 31, 2017 there was no conversion of shares of Series F Preferred. Warrants At December 31, 2017 , and in connection with financing activities and service agreements, 22,208,386 warrants for our common stock with exercise prices ranging from $ 0.01 to $ 3.00 per share ( $0.60 weighted average) are outstanding and expire during the fiscal years as follows: 105,000 in 2018; 2,447,197 in 2019 ; 1,445,619 in 2020 ; 7,798,345 in 2021 ; 2,256,083 in 2022 ; 6,081,142 in 2023 ; and 2,075,000 in 2026 . On exercise, the warrants will be settled in delivery of unregistered shares of our common stock. During July 2017, 1,232,390 warrants previously issued with common stock were repriced from an original issuance exercise price of $1.00 to $0.01 . The following table summarizes the changes in warrants for during the nine months ended December 31, 2017 . Outstanding at March 31, 2017 17,852,803 Granted 6,171,122 Exercised (1,504,223 ) Expired/canceled (311,316 ) Outstanding at December 31, 2017 22,208,386 For the nine months ended December 31, 2017 the Company granted the following warrants: Issued for services 2,556,399 Issued for common stock for cash 1,613,334 Issued for debt issuance 2,001,389 Total 6,171,122 We estimate the fair value of warrants granted using the Black-Scholes option valuation model. The expected life of warrant represents the term of warrant. The expected stock volatility is based on the average of historical volatility of the Company’s common stock and other subjective factors. The risk-free interest rate is based on the U.S. Treasury yield curve in effect at the time awards are granted, and the expected dividend rate takes into account the absence of any historical payments and management’s intention to retain all earnings for future operations and expansion. Warrants issued for services included in selling, general and administrative expenses was $262,911 and $66,024 for the three months ended December 31, 2017 and 2016 , respectively. Warrants issued for services included in selling, general and administrative expenses was $775,515 and $372,475 for the nine months ended December 31, 2017 and 2016 , respectively. The fair value of each warrant granted was estimated on the date of grant using the Black-Scholes valuation model with the following weighted average assumptions for grants during the nine months ended December 31, 2017 and 2016: 2017 2016 Risk-free interest rates 1.96 % 1.71 % Expected volatility 94.34 % 97.46 % Dividend yields — % — % Expected lives (years) 5 years 5 years Stock Options We estimate the fair value of stock options granted using the Black-Scholes option valuation model. The expected life of options represents the period of time the options are expected to be outstanding and other subjective factors. The expected stock volatility is based on the average of historical volatility of the Company’s common stock and other subjective factors. The risk-free interest rate is based on the U.S. Treasury yield curve in effect at the time awards are granted, and the expected dividend rate takes into account the absence of any historical payments and management’s intention to retain all earnings for future operations and expansion. No forfeiture is expected when stock options are granted. During the nine months ended December 31, 2017 and 2016, the Company awarded 2,725,000 and 0 incentive stock options for shares of common stock. Stock-based compensation expense included in selling, general and administrative expenses was $95,731 and $0 for the three months ended December 31, 2017 and 2016. Stock-based compensation expense included in selling, general and administrative expenses was $618,093 and $0 for the nine months ended December 31, 2017 and 2016. Intrinsic value is the amount by which the fair value of the underlying stock exceeds the exercise price of an option. Intrinsic value at December 31, 2017 and 2016 totaled $57,250 and $127,500 , respectively. At December 31, 2017 , outstanding options are fully vested and the weighted-average remaining contractual term was 7.4 years; however, if services are earlier terminated, 6,805,000 options become void 90 days after termination. The fair value of each option was estimated on the date of grant using the Black-Scholes valuation model using the following weighted average assumptions: 2017 2016 Risk-free interest rates 1.88 % 2.13 % Expected volatility 94.58 % 105.39 % Dividend yields — % — % Expected lives (years) 5 years 5 years The following table summarizes the changes in equity available for grant, comprised of stock options and restricted common stock, for the nine months ended December 31, 2017 . Number of Options Weighted Average Exercise Price Outstanding at March 31, 2017 4,080,000 $ 0.70 Granted 2,725,000 $ 0.32 Exercised — Forfeited — Outstanding at December 31, 2017 6,805,000 $ 0.55

(Loss) Per Share

(Loss) Per Share	9 Months Ended
	Dec. 31, 2017
Earnings Per Share [Abstract]
(Loss) Per Share	(LOSS) PER SHARE Basic (loss) per share is computed by dividing income available to common shareholders by the weighted-average number of shares of common stock outstanding during the period. Diluted (loss) per share is computed by dividing income available to common shareholders by the weighted-average number of shares of common stock outstanding during the period increased to include the number of additional shares of common stock that would have been outstanding if the potentially dilutive securities had been issued. The dilutive effect of potentially dilutive securities is reflected in diluted earnings per share by application of the treasury stock method. Under the treasury stock method, an increase in the fair market value of the Company’s common stock can result in a greater dilutive effect from potentially dilutive securities. Our shareholder equity includes a line item for “subscribed stock", which represents shares of common stock for which we irrevocably received investors’ purchase prices but, due to administrative delays, had not issued the respective shares of common stock before the period end. These shares have been included in the weighted average number of shares of common stock outstanding during the period for the purposes of calculating basic (loss) per share. The computation of basic and diluted loss per share excludes potentially dilutive securities when their inclusion would be anti-dilutive, or if their exercise prices were greater than the average market price of the common stock during the period. Potentially dilutive securities excluded from the computation of basic and diluted net (loss) per share as of December 31, 2017 and 2016 are: 2017 2016 Warrants 22,208,386 16,863,242 Stock options 6,805,000 3,480,000 Convertible subordinated notes 3,067,500 2,900,000 Convertible preferred stock 27,932,150 3,867,028 Total 60,013,036 27,110,270

Related Parties

Related Parties	9 Months Ended
	Dec. 31, 2017
Related Party Transactions [Abstract]
Related Parties	RELATED PARTIES Support Services and Advances ART Holdings has provided the Company with certain services, with outstanding payments being interest-free. At December 31 and March 31, 2017, amounts due to ART totaled $190,511 for both periods, and is included in Related party payables in the condensed consolidated balance sheets. Cagan McAfee Capital Partners, LLC / Cagan Capital, LLC / Laird Cagan Cagan McAfee Capital Partners, LLC (“CMCP”) is an investment company owned and controlled by Laird Cagan, a former member of our Board of Directors and a significant shareholder. The amounts due, including interest, to CMCP totaled $761,805 as of December 31 and March 31, 2017, and is recorded in Related party payables in the condensed consolidated balance sheets. At December 31, 2017 , the Company has two promissory notes due to Mr. Cagan. The first, is a $727,000 principal amount, which may be converted to common stock at any time by dividing the outstanding principal and any accrued interest by $2.00 per share. The second promissory notes is non-convertible and has a principal amount of $162,137 . No principal or interest payments were made during the nine months ended December 31, 2017 . See note 9: Debt for more information. Happy Cellular Services Limited The majority shareholder and Chairman of Happy Cellular Services Limited ("Happy Cellular"), is also a shareholder and board member of MMPL. Additionally, a certain number of Happy Cellular retailers are also agents for MoneyOnMobile. Happy Cellular has provided refundable deposits totaling approximately $789,760 and $0

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Dec. 31, 2017
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	COMMITMENTS AND CONTINGENCIES The Company possesses certain redemption commitments related to its outstanding Series D Preferred Stock. See Note 11 - Capital Stock for additional information. REDEEMABLE SHARE PURCHASE LIABILITY

Supplemental Cash Flow Informat

Supplemental Cash Flow Information	9 Months Ended
	Dec. 31, 2017
Supplemental Cash Flow Elements [Abstract]
Supplemental Cash Flow Information	SUPPLEMENTAL CASH FLOW INFORMATION Significant non-cash investing and financing transactions for the nine months ended December 31, 2017 and 2016: 2017 2016 Exchange of common stock to acquire subsidiary shares from noncontrolling interest $ 922,478 $ — Preferred stock dividends 144,814 277,980 Conversion of preferred stock and dividends to common stock — 1,054,016 Repurchase of common stock — 4,636,905 Conversion of sub debt and interest for common stock 42,500 349,350 Conversion of sub debt and interest for preferred stock 2,329,600 — Issuance of warrants for debt modification — 32,365 Acquisition of intangible assets — 204,398 Cash paid for interest and income taxes for the nine months ended December 31, 2017 and 2016: 2017 2016 Interest paid, net of amounts capitalized $ 1,163,774 $ 320,364 Income taxes paid — —

Subsequent Events

Subsequent Events	9 Months Ended
	Dec. 31, 2017
Subsequent Events [Abstract]
Subsequent Events	SUBSEQUENT EVENTS Issuance of Equity Securities Subsequent to December 31, 2017 , the Company issued 646,634 common shares that were previously recorded as subscribed stock. Additionally, cashless warrants were exercised into 236,250 shares of the Company's common stock. Series D Preferred Stock Subsequent to December 31, 2017 , certain investors converted approximately $2 million of outstanding shares of the Company's Series D Preferred Stock into 1,577 shares of the Company’s Series F Preferred Stock. Series F Preferred Stock Subsequent to December 31, 2017 , the Company raised an additional $2 million from investors for 2,195 shares of the Company’s Series F Preferred Stock. Series G Preferred Stock Subsequent to December 31, 2017 , note holders converted approximately $3.8 million of outstanding secured subordinated promissory notes and related unpaid interest into 3,778 shares of the Company’s Series G Preferred Stock. Pursuant to the Exchange Agreement, the unpaid balance of $3.0 million and accrued interest of $0.7 million of these Notes were canceled. Series H Preferred Stock Subsequent to December 31, 2017 , the Company raised approximately $5.0 million in exchange for 1,666 shares of the Company’s Series H Preferred Stock and warrants to purchase 3,332,000 shares of the Company's common stock at an exercise price of $0.50 per share. In connection with the issuance of shares of the Series H Preferred, the Board of Directors of the Company elected Mr. Oleg Gordienko and Mr. Max V. Shcherbakov as members of the Board. In connection with their election as members of the Board, the Company agreed to issue to each of Mr. Gordienko and Mr. Shcherbakov a five year warrant to purchase 200,000 shares of the Company’s common stock at an exercise price of $0.66 , the closing price of the Company’s common stock on February 7, 2018. MOM HALL Liability Subsequent to December 31, 2017 , the Company paid MOM HALL $0.9 million to settle fully its debt obligation. After payment was made, the Company took possession of the shares of DPPL previously held in escrow by MOM HALL. Promissory Note Conversion Subsequent to December 31, 2017 , a note holder converted $0.2 million of promissory notes and accrued interest into 722,979

Summary of Significant Accoun23

Summary of Significant Accounting Policies (Policies)	9 Months Ended
	Dec. 31, 2017
Accounting Policies [Abstract]
Reclassifications	ReclassificationsCertain previously reported amounts have been reclassified to conform to the current presentation.
Fair Value Measurements	Fair Value Measurements Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants on the measurement date. The Company believes the carrying values of cash and equivalents, accounts receivable, other current assets, accounts payable, accrued expenses, and interest payable approximate their fair values. Additionally, the Company believes the carrying value of its senior notes, subordinated notes, and note payable approximate the estimated fair value for debt with similar terms, interest rates, and remaining maturities currently available to companies with similar credit ratings.
Convertible Instruments, including Derivatives	Convertible Instruments, including Derivatives Certain debt instrument require us to bifurcate conversion options from their host instruments and account for them as free standing derivative financial instruments according to certain criteria. This criteria includes (a) the economic characteristics and risks of the embedded derivative instrument are not clearly and closely related to the economic characteristics and risks of the host contract, (b) the hybrid instrument that embodies both the embedded derivative instrument and the host contract is not re-measured at fair value under otherwise applicable generally accepted accounting principles with changes in fair value reported in earnings as they occur and (c) a separate instrument with the same terms as the embedded derivative instrument would be considered a derivative instrument. Debt discounts under these arrangements are amortized over the term of the related debt to their date of redemption. We possess financial instruments that are considered derivatives or contain embedded features subject to derivative accounting. Embedded derivatives are valued separately from the host instrument and are recognized as derivative liabilities in our condensed consolidated balance sheet. We value these derivative liabilities using the binomial lattice model. The resulting liability is valued at each reporting date and the change in the liability is reflected as change in derivative liability as Other income (expense) in our condensed consolidated statements of operations and comprehensive loss.
Foreign Currency Translation	Foreign Currency TranslationThe functional currency of MoneyOnMobile, consisting of DPPL, MMPL, SVR and Payblox, is the Indian Rupee. MoneyOnMobile assets and liabilities are translated into U.S. dollars at the exchange rates in effect at each consolidated balance sheet date. Revenues and expenses are translated at quarterly average exchange rates and resulting translation gains or losses are accumulated in other comprehensive loss as a separate component within the accompanying statements of shareholders’ equity. Additionally, cumulative translation adjustments recorded in other comprehensive income are reclassified to noncontrolling interest proportionally based on the weighted average percentage ownership interest held by the noncontrolling interest.
Goodwill	Goodwill Goodwill consists of the cost of our acquired businesses in excess of the fair value of the identifiable net assets acquired and is allocated to reporting units based on the relative fair value of the future benefit of the purchased operations to our existing business units as well as the acquired business unit. The Company has elected to early adopt Accounting Standards Update No: 2017-04, Intangibles – Goodwill and Other (Topic 350): Simplifying the Accounting for Goodwill Impairment. We perform an annual impairment assessment in the fourth quarter of each fiscal year, or more frequently if indicators of potential impairment exist, to determine whether it is more likely than not that the fair value of a reporting unit in which goodwill resides is less than its carrying value. We have elected to first assess the qualitative factors to determine whether it is more likely than not that the fair value of our single reporting unit is less than its carrying amount as a basis for determining whether it is necessary to perform the goodwill impairment.
Intangible Assets	Intangible Assets Intangible assets consist of software (excluding computer software), customer lists, trademarks, distributor contracts and domain names acquired through business combinations, or consists of software developed or obtained for internal use, as well as software intended for resale. Costs to develop internal use computer software during the application development stage are capitalized on a per project basis and are amortized on a straight line basis over its useful life. The weighted average amortization period is five years for customer lists, acquisition costs and trademarks, five years for internal use software, three
Impairment of Long-Lived Assets	Impairment of Long-Lived AssetsIn addition to the annual goodwill impairment test, long-lived assets, including property and equipment and other intangible assets, are reviewed for possible impairment whenever events or circumstances indicate that the carrying amount of such assets may not be recoverable.  If such review indicates that the carrying amount of long-lived assets is not recoverable, the carrying amount of such assets is reduced to fair value.  In addition to the recoverability assessment, we review the remaining estimated useful lives of property and equipment and finite-lived intangible assets. If we reduce the estimated useful life assumption for any asset, the remaining unamortized balance would be amortized or depreciated over the revised estimated useful life.
Revenue Recognition	Revenue Recognition The Company recognizes revenue when (1) persuasive evidence of an arrangement exists; (2) delivery has occurred or services have been performed; (3) the price is fixed or determinable; and (4) collectability is reasonably assured. The following revenue recognition policies define the manner in which the Company accounts for sales transactions: A portion of revenue is attributable to Merchant Services, including Mobile Recharge and Direct-to-Home. In these transactions, revenue from purchased utility units is recognized on a net basis, as the Company is acting in an agent capacity. MoneyOnMobile does not change the product or perform part of the service, has minimal discretion in supplier selection, has minimal latitude in establishing prices and possesses no credit risk. Other services offered are Consumer Services, including bill payment, money transfer and cash-out ATM services. For bill payment transactions, we act as an agent with consumers. Distributors use our electronic wallet technology to allow consumers to pay utility bills by mobile phone text message and smart phone. We earn a fixed transaction fee for these services. For our money transfer services, once a consumer has established a MoneyOnMobile electronic wallet account, consumers can use our technology to facilitate non-distributor-related transactions with other parties that have MoneyOnMobile accounts, including other retailers and utilities and other consumers. We also earn a fixed transaction fee for these services. Distributors often keep a prepaid balance with MoneyOnMobile to facilitate transactions. Prepaid balances are deferred until utility units are delivered. As of December 31, 2017 and March 31, 2017, advances from distributors was $0 and $2,108,645 , respectively.
Advertising	AdvertisingAdvertising costs are expensed as incurred.
New Accounting Pronouncements Not Yet Adopted	New Accounting Pronouncements Not Yet Adopted In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers (Topic 606). ASU 2014-09 outlines a single comprehensive model for companies to use in accounting for revenue arising from contracts with customers and supersedes most current revenue recognition guidance, including industry-specific guidance. In March 2016, the FASB issued ASU 2016-08, “Principal Versus Agent Considerations (Reporting Revenue Gross Versus Net),” which amends the principal-versus-agent implementation guidance and in April 2016 the FASB issued ASU 2016-10, “Identifying Performance Obligations and Licensing,” which amends the guidance in those areas in the new revenue recognition standard. Both ASUs were issued in response to feedback received from the FASB-International Accounting Standards Board joint revenue recognition transition resource group. The new revenue standard is effective for our annual reporting period beginning April 1, 2018. We chose not to early adopt the new standard. We will use a modified retrospective approach to adopt the standard. We are in process of completing our assessment and will document our accounting policies applying the new revenue guidance. We do not expect that the implementation of the new standard will have a material effect on our consolidated results of operations, cash flows or financial position. The new standard will however require more extensive revenue-related disclosures. In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842). Lessees will be required to recognize a right-of-use asset and a lease liability for virtually all of their leases (other than leases that meet the definition of a short-term lease). The liability will be equal to the present value of lease payments. The asset will be based on the liability, subject to adjustment, such as for initial direct costs. For income statement purposes, a dual model was retained, requiring leases to be classified as either operating or finance leases. Operating leases will result in straight-line expense (similar to current operating leases) while finance leases will result in a front-loaded expense pattern (similar to current capital leases). The standard is effective for us beginning April 1, 2019. We do not intend to early adopt. We believe that the new standard will not have a material impact on our consolidated balance sheet. We are currently evaluating the effect that implementation of this standard will have on our consolidated results of operations, cash flows, financial position and related disclosures. In January 2016, the FASB issued ASU No. 2016-01, Financial Instruments - Overall (Topic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities ("ASU 2016-01"). ASU 2016-01 addresses certain aspects of recognition, measurement, presentation and disclosures of financial instruments including the requirement to measure certain equity investments at fair value with changes in fair value recognized in net income. ASU 2016-01 will become effective for us beginning April 1, 2018. We are currently evaluating the guidance to determine the potential impact on our consolidated results of operations, cash flows, financial position and related disclosures. In July 2017, the FASB issued ASU 2017-11, Accounting for Certain Financial Instruments with Down Round Features, which amends Earnings Per Share (ASC Topic 260), Distinguishing Liabilities from Equity (Topic 480), and Derivatives and Hedging (Topic 815). The amendments in Part I of this ASU change the classification analysis of certain equity-linked financial instruments (or embedded features) with down round features. When determining whether certain financial instruments should be classified as liabilities or equity instruments, a down round feature no longer precludes equity classification when assessing whether the instrument is indexed to an entity’s own stock. The amendments also clarify existing disclosure requirements for equity-classified instruments. As a result, a freestanding equity-linked financial instrument (or embedded conversion option) no longer would be accounted for as a derivative liability at fair value as a result of the existence of a down round feature. For freestanding equity classified financial instruments, the amendments require entities that present earnings per share (EPS) in accordance with Topic 260 to recognize the effect of the down round feature when it is triggered. That effect is treated as a dividend and as a reduction of income available to common shareholders in basic EPS. Convertible instruments with embedded conversion options that have down round features are now subject to the specialized guidance for contingent beneficial conversion features (in Subtopic 470-20, Debt—Debt with Conversion and Other Options), including related EPS guidance (in Topic 260). For us, this update is effective beginning April 1, 2019. We are currently evaluating the guidance to determine the potential impact on our consolidated results of operations, cash flows, financial position and related disclosures.

Property and Equipment (Tables)

Property and Equipment (Tables)	9 Months Ended
	Dec. 31, 2017
Property, Plant and Equipment [Abstract]
Schedule of Property and Equipment	At December 31, and March 31, 2017 , property and equipment consisted of: December 31, 2017 March 31, 2017 Building $ 3,764,285 $ 3,744,261 Equipment 303,595 274,994 Furniture and fixtures 33,322 18,986 Subtotal 4,101,202 4,038,241 Less accumulated depreciation (658,947 ) (554,721 ) Property and equipment, net $ 3,442,255 $ 3,483,520

Variable Interest Entities (Tab

Variable Interest Entities (Tables)	9 Months Ended
	Dec. 31, 2017
Equity Method Investments and Joint Ventures [Abstract]
Schedule of Net Loss of Subsidiaries and Transfers (To) From Noncontrolling Interests	The following table presents the Net Loss of Subsidiaries Attributable to MoneyOnMobile and Transfers (to) from Noncontrolling Interests during the nine months ended December 31, 2017 : Net loss attributable to MoneyOnMobile shareholders for the nine months ended December 31, 2017 $ (9,328,390 ) Transfers (to) from the noncontrolling interest Increase in paid-in capital for conversion of DPPL common shares to MoneyOnMobile, Inc. common shares 910,858 Increase in paid-in capital for purchase of DPPL and MMPL common shares from Noncontrolling interests 402,153 Net Transfers (to) from noncontrolling interest 1,313,011 Change from net loss attributable to MoneyOnMobile shareholders and transfers (to) from noncontrolling interests for the nine months ended December 31, 2017 $ (8,015,379 )

Goodwill (Tables)

Goodwill (Tables)	9 Months Ended
	Dec. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Goodwill	The following table is a reconciliation of the carrying amount of goodwill: Carrying value at March 31, 2017 $ 12,508,791 Net foreign exchange movement 203,693 Carrying value at December 31, 2017 $ 12,712,484

Other Intangible Assets, Net (T

Other Intangible Assets, Net (Tables)	9 Months Ended
	Dec. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Intangible Assets Subject to Amortization	Other intangible assets subject to amortization consisted of the following: December 31, 2017 March 31, 2017 Customer lists $ 1,223,774 $ 1,204,724 Software development costs 1,606,457 1,582,327 Trademarks 32,516 30,160 Contracts 86,561 86,229 2,949,308 2,903,440 Less accumulated amortization (2,420,426 ) (2,003,065 ) Total $ 528,882 $ 900,375
Schedule of Intangible Assets Not Subject to Amortization	Other intangible assets not subject to amortization consisted of the following: December 31, 2017 March 31, 2017 License $ 2,469,122 $ 2,430,686 Trade name 960,834 945,877 Domain names 10,000 10,000 Total $ 3,439,956 $ 3,386,563

Accrued Liabilities (Tables)

Accrued Liabilities (Tables)	9 Months Ended
	Dec. 31, 2017
Payables and Accruals [Abstract]
Schedule of Accrued Liabilities	Accrued liabilities consisted of the following: December 31, 2017 March 31, 2017 Interest payable $ 1,359,493 $ 930,997 Wages and benefits 452,130 332,980 Foreign statutory fees 635,848 205,726 Bank overdraft — 154,333 Vendor payments 4,342,919 965,034 Total $ 6,790,390 $ 2,589,070

Mandatory Redeemable Financia29

Mandatory Redeemable Financial Instruments (Tables)	9 Months Ended
	Dec. 31, 2017
Other Liabilities Disclosure [Abstract]
Schedule of Financial Instruments Subject to Mandatory Redemption	The following table provides a reconciliation of the activity for the nine months ended December 31, 2017 to the amounts recorded in the consolidated balance sheet: Total mandatory redeemable financial instruments $ 4,596,822 Fair value discount (143,509 ) Total mandatory redeemable financial instruments, net at March 31, 2017 4,453,313 Accretion of fair value discount 99,136 Net foreign exchange movement 119,198 Less payments (875,795 ) Total mandatory redeemable financial instruments, net at December 31, 2017 3,795,852 Less mandatory redeemable financial instruments - current portion (3,034,615 ) Mandatory redeemable financial instruments - long term portion $ 761,237
Schedule of Purchase Commitment to Acquire Shares	Purchase commitment schedule for the Company acquiring the following shares: MMPL DPPL Total For the quarter ended March 31, 2018 $ 1,555,977 $ 541,579 $ 2,097,556 For the quarter ended June 30, 2018 — 312,353 312,353 For the quarter ended September 30, 2018 — 312,353 312,353 For the quarter ended December 31, 2018 — 312,353 312,353 For the quarter ended March 31, 2019 — 302,820 302,820 For the quarter ended June 30, 2019 — 293,577 293,577 For the quarter ended September 30, 2019 — 164,840 164,840 Remaining share purchase commitment at December 31, 2017 $ 1,555,977 $ 2,239,875 $ 3,795,852

Debt (Tables)

Debt (Tables)	9 Months Ended
	Dec. 31, 2017
Debt Disclosure [Abstract]
Schedule of Long Term Debt	December 31, 2017 March 31, 2017 Convertible subordinated notes payable $ 3,067,500 $ 2,900,000 Notes payable and promissory notes 3,475,599 4,066,595 Building mortgage 2,054,319 2,040,802 Unsecured credit facility 3,865,525 2,974,000 Total 12,462,943 11,981,397 Less: debt discount — (502,407 ) 12,462,943 11,478,990 Less: current portion (10,505,526 ) (9,508,025 ) Long term debt $ 1,957,417 $ 1,970,965

Fair Value of Financial Instr31

Fair Value of Financial Instruments (Tables)	9 Months Ended
	Dec. 31, 2017
Fair Value Disclosures [Abstract]
Schedule of Liabilities Measured at Fair Value on Recurring Basis	Financial liabilities as of December 31, 2017 measured at fair value on a recurring basis are summarized below: December 31, Quoted Prices Significant Significant Derivative liability $ 368,390 $ — $ — $ 368,390
Schedule of Fair Value Valuation Techniques	The fair value of the promissory note and related detachable warrants conversion options were calculated using a binomial lattice model with the following weighted average assumptions at inception beginning August 30 through December 31, 2017. August 30, 2017 September 21, 2017 September 30, 2017 Common Stock Closing Price $ 0.27 $ 0.22 $ 0.21 Conversion Price per Share $0.16 - 0.40 $0.14 - 0.33 $0.14 - 0.40 Promissory Note - Conversion Shares 3,453,991 1,979,726 3,959,453 Warrants - Options Valued 688,704 344,352 1,033,056 Dividend Yield — % — % — % Volatility 124.13 % 127.45 % 127.94 % Risk-free Interest Rate 1.70 % 1.89 % 1.92 % Term (years) 0.5 - 5 0.5 - 5 0.4 - 5 October 12, 2017 November 8, 2017 December 29, 2017 Common Stock Closing Price $ 0.21 $ 0.22 $ 0.32 Conversion Price per Share $0.14 - 0.32 $0.15 - $0.33 $0.15 - $0.33 Promissory Note - Conversion Shares 1,217,532 773,036 4,909,086 Warrants - Options Valued 206,612 137,741 1,377,409 Dividend Yield — % — % — % Volatility 130.12 % 125.67 % 129.29 % Risk-free Interest Rate 1.95 % 2.01 % 2.20 % Term (years) 0.5 - 5 0.5 - 5 0.4 - 5
Schedule of Changes In Fair Value of Level 3 Liabilities	The following table sets forth a summary of the changes in the fair value of the Company’s Level 3 financial liabilities that are measured at fair value on a recurring basis using significant unobservable input for the nine months ended December 31, 2017 : Balance - April 1, 2017 $ — Aggregate amount of derivative instruments issued 1,054,148 Change in fair value of derivative liabilities 512,098 Extinguishment of derivative liability - repayment of convertible promissory notes (1,197,856 ) Balance - December 31, 2017 $ 368,390

Capital Stock (Tables)

Capital Stock (Tables)	9 Months Ended
	Dec. 31, 2017
Stockholders' Equity Note [Abstract]
Schedule of Common Stock Issued	During the nine months ended December 31, 2017 and 2016, the Company issued shares of its common stock as follows: 2017 2016 Shares Amount Shares Amount Issuance of common stock for cash 3,026,689 (1) $ 908,000 1,083,334 $ 650,000 Issuance of common stock for services 3,378,435 (1) 905,345 2,169,237 (1) 1,143,225 Issuance of common stock for warrants exercised 1,504,223 (1) 7,966 6,116,864 (1) 1,744,833 Issuance of common stock for converted preferred stock and dividends — — 1,756,693 — Issuance of common stock for converted debt and relating interest 170,000 42,500 499,072 — Purchases of subsidiary shares from noncontrolling interest 2,975,734 — — — Issuance of common stock for collateral 2,000,000 — — —
Schedule of Changes in Warrants	The following table summarizes the changes in warrants for during the nine months ended December 31, 2017 . Outstanding at March 31, 2017 17,852,803 Granted 6,171,122 Exercised (1,504,223 ) Expired/canceled (311,316 ) Outstanding at December 31, 2017 22,208,386
Schedule of Warrants Granted	For the nine months ended December 31, 2017 the Company granted the following warrants: Issued for services 2,556,399 Issued for common stock for cash 1,613,334 Issued for debt issuance 2,001,389 Total 6,171,122
Schedule of Warrants Valuation Assumptions	The fair value of each warrant granted was estimated on the date of grant using the Black-Scholes valuation model with the following weighted average assumptions for grants during the nine months ended December 31, 2017 and 2016: 2017 2016 Risk-free interest rates 1.96 % 1.71 % Expected volatility 94.34 % 97.46 % Dividend yields — % — % Expected lives (years) 5 years 5 years
Schedule of Stock Options Valuation Assumptions	The fair value of each option was estimated on the date of grant using the Black-Scholes valuation model using the following weighted average assumptions: 2017 2016 Risk-free interest rates 1.88 % 2.13 % Expected volatility 94.58 % 105.39 % Dividend yields — % — % Expected lives (years) 5 years 5 years
Schedule of Stock Option Activity	The following table summarizes the changes in equity available for grant, comprised of stock options and restricted common stock, for the nine months ended December 31, 2017 . Number of Options Weighted Average Exercise Price Outstanding at March 31, 2017 4,080,000 $ 0.70 Granted 2,725,000 $ 0.32 Exercised — Forfeited — Outstanding at December 31, 2017 6,805,000 $ 0.55

(Loss) Per Share (Tables)

(Loss) Per Share (Tables)	9 Months Ended
	Dec. 31, 2017
Earnings Per Share [Abstract]
Schedule Of Potentially Dilutive Securities Excluded From Diluted Earnings Per Share Computation	Potentially dilutive securities excluded from the computation of basic and diluted net (loss) per share as of December 31, 2017 and 2016 are: 2017 2016 Warrants 22,208,386 16,863,242 Stock options 6,805,000 3,480,000 Convertible subordinated notes 3,067,500 2,900,000 Convertible preferred stock 27,932,150 3,867,028 Total 60,013,036 27,110,270

Supplemental Cash Flow Inform34

Supplemental Cash Flow Information (Tables)	9 Months Ended
	Dec. 31, 2017
Supplemental Cash Flow Elements [Abstract]
Schedule of Cash Flow, Supplemental Disclosures	Significant non-cash investing and financing transactions for the nine months ended December 31, 2017 and 2016: 2017 2016 Exchange of common stock to acquire subsidiary shares from noncontrolling interest $ 922,478 $ — Preferred stock dividends 144,814 277,980 Conversion of preferred stock and dividends to common stock — 1,054,016 Repurchase of common stock — 4,636,905 Conversion of sub debt and interest for common stock 42,500 349,350 Conversion of sub debt and interest for preferred stock 2,329,600 — Issuance of warrants for debt modification — 32,365 Acquisition of intangible assets — 204,398 Cash paid for interest and income taxes for the nine months ended December 31, 2017 and 2016: 2017 2016 Interest paid, net of amounts capitalized $ 1,163,774 $ 320,364 Income taxes paid — —

Basis of Presentation (Details)

Basis of Presentation (Details) - USD ($)	3 Months Ended		9 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2017	Dec. 31, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Net loss	$ (4,484,345)	$ (2,949,874)	$ (11,030,604)	$ (7,989,461)

Summary of Significant Accoun36

Summary of Significant Accounting Policies (Details) - USD ($)	3 Months Ended		9 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2017	Dec. 31, 2016	Mar. 31, 2017
Summary Of Significant Accounting Policies [Line Items]
Adjustments to the carrying value of long-lived assets	$ 0	$ 0	$ 0	$ 0
Deferred revenue	0		0		$ 2,108,645
Advertising expense	18,673	70,275	189,069	209,295
Rental expense	$ 49,379	$ 50,670	$ 146,185	$ 189,690
Customer lists
Summary Of Significant Accounting Policies [Line Items]
Intangible asset, weighted average useful life			5 years
Trademarks
Summary Of Significant Accounting Policies [Line Items]
Intangible asset, weighted average useful life			5 years
Internal use software
Summary Of Significant Accounting Policies [Line Items]
Intangible asset, weighted average useful life			5 years
Software developed for resale
Summary Of Significant Accounting Policies [Line Items]
Intangible asset, weighted average useful life			3 years

Property and Equipment (Schedul

Property and Equipment (Schedule of Property and Equipment) (Details) - USD ($)	Dec. 31, 2017	Mar. 31, 2017
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 4,101,202	$ 4,038,241
Less accumulated depreciation	(658,947)	(554,721)
Property and equipment, net	3,442,255	3,483,520
Building
Property, Plant and Equipment [Line Items]
Property and equipment, gross	3,764,285	3,744,261
Equipment
Property, Plant and Equipment [Line Items]
Property and equipment, gross	303,595	274,994
Furniture and fixtures
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 33,322	$ 18,986

Property and Equipment (Narrati

Property and Equipment (Narrative) (Details) - USD ($)	3 Months Ended		9 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2017	Dec. 31, 2016
Property, Plant and Equipment [Abstract]
Depreciation expense	$ 30,117	$ 70,852	$ 96,121	$ 220,121

Variable Interest Entities (Nar

Variable Interest Entities (Narrative) (Details) - USD ($)	9 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Schedule of Equity Method Investments [Line Items]
Payments to acquire noncontrolling interest shares	$ (875,795)
My Mobile Payments Limited
Schedule of Equity Method Investments [Line Items]
Shares redeemed on settlement agreement (shares)	95,000
Digital Payments Processing Limited
Schedule of Equity Method Investments [Line Items]
Shares redeemed on settlement agreement (shares)	122,774
Ownership interest	76.40%	73.60%

Variable Interest Entities (Net

Variable Interest Entities (Net Loss and Activity of Noncontrolling Interest) (Details) - USD ($)	9 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Noncontrolling Interest [Line Items]
Net loss attributable to MoneyOnMobile, Inc. shareholders	$ (9,328,390)
Increase in paid-in capital for conversion of DPPL common shares to MoneyOnMobile, Inc. common shares	0	$ 0
Increase in paid-in capital for purchase of DPPL and MMPL common shares from Noncontrolling interests	0
Change from net loss attributable to MoneyOnMobile shareholders and transfers (to) from noncontrolling interests	(8,015,379)
Noncontrolling Interests
Noncontrolling Interest [Line Items]
Increase in paid-in capital for conversion of DPPL common shares to MoneyOnMobile, Inc. common shares	910,858
Increase in paid-in capital for purchase of DPPL and MMPL common shares from Noncontrolling interests	402,153
Net Transfers (to) from noncontrolling interest	$ 1,313,011

Goodwill (Details)

Goodwill (Details)	9 Months Ended
	Dec. 31, 2017USD ($)
Goodwill [Roll Forward]
Goodwill, beginning balance	$ 12,508,791
Net foreign exchange movement	203,693
Goodwill, ending balance	$ 12,712,484

Other Intangible Assets, Net (S

Other Intangible Assets, Net (Schedule of Intangible Assets Subject to Amortization) (Details) - USD ($)	Dec. 31, 2017	Mar. 31, 2017
Finite-Lived Intangible Assets [Line Items]
Intangible assets subject to amortization, gross	$ 2,949,308	$ 2,903,440
Less accumulated amortization	(2,420,426)	(2,003,065)
Total	528,882	900,375
Customer lists
Finite-Lived Intangible Assets [Line Items]
Intangible assets subject to amortization, gross	1,223,774	1,204,724
Software development costs
Finite-Lived Intangible Assets [Line Items]
Intangible assets subject to amortization, gross	1,606,457	1,582,327
Trademarks
Finite-Lived Intangible Assets [Line Items]
Intangible assets subject to amortization, gross	32,516	30,160
Contracts
Finite-Lived Intangible Assets [Line Items]
Intangible assets subject to amortization, gross	$ 86,561	$ 86,229

Other Intangible Assets, Net (N

Other Intangible Assets, Net (Narrative) (Details) - USD ($)	3 Months Ended		9 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2017	Dec. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Weighted average amortization period of intangible assets			5 years	5 years
Amortization expense	$ 109,925	$ 151,588	$ 388,646	$ 397,347

Other Intangible Assets, Net 44

Other Intangible Assets, Net (Schedule of Intangible Assets Not Subject to Amortization) (Details) - USD ($)	Dec. 31, 2017	Mar. 31, 2017
Indefinite-lived Intangible Assets [Line Items]
Intangible assets not subject to amortization	$ 3,439,956	$ 3,386,563
License
Indefinite-lived Intangible Assets [Line Items]
Intangible assets not subject to amortization	2,469,122	2,430,686
Trade name
Indefinite-lived Intangible Assets [Line Items]
Intangible assets not subject to amortization	960,834	945,877
Domain names
Indefinite-lived Intangible Assets [Line Items]
Intangible assets not subject to amortization	$ 10,000	$ 10,000

Accrued Liabilities (Details)

Accrued Liabilities (Details) - USD ($)	Dec. 31, 2017	Mar. 31, 2017
Payables and Accruals [Abstract]
Interest payable	$ 1,359,493	$ 930,997
Wages and benefits	452,130	332,980
Foreign statutory fees	635,848	205,726
Bank overdraft	0	154,333
Vendor payments	4,342,919	965,034
Total accrued liabilities	$ 6,790,390	$ 2,589,070

Mandatory Redeemable Financia46

Mandatory Redeemable Financial Instruments (Narrative) (Details) - USD ($)	1 Months Ended	3 Months Ended	6 Months Ended	9 Months Ended
	Dec. 31, 2017	Dec. 31, 2017	Dec. 31, 2017	Dec. 31, 2017	Jul. 31, 2017	Mar. 31, 2017
Financial Instruments Subject to Mandatory Redemption by Settlement Terms [Line Items]
Fair value of mandatory redeemable financial instruments						$ 4,941,040
Payments to acquire noncontrolling interest shares				$ (875,795)
Mandatory redeemable financial instruments	$ 3,795,852	$ 3,795,852	$ 3,795,852	3,795,852		$ 4,453,313
Accretion of fair value discount		56,106		99,136
Interest rate upon breach of repayment			15.00%
Interest expense related to mandatory redeemable financial instruments		52,216		85,447
MMPL Agreement
Financial Instruments Subject to Mandatory Redemption by Settlement Terms [Line Items]
Mandatory redeemable financial instruments	$ 1,555,977	1,555,977	$ 1,555,977	1,555,977	$ 1,000,000
Interest rate upon breach of repayment	18.00%
DPPL Agreement
Financial Instruments Subject to Mandatory Redemption by Settlement Terms [Line Items]
Mandatory redeemable financial instruments	$ 2,239,875	$ 2,239,875	$ 2,239,875	$ 2,239,875	$ 100,000

Mandatory Redeemable Financia47

Mandatory Redeemable Financial Instruments (Reconciliation of Remaining Liability) (Details) - USD ($)	3 Months Ended	9 Months Ended
	Dec. 31, 2017	Dec. 31, 2017	Mar. 31, 2017
Other Liabilities Disclosure [Abstract]
Total mandatory redeemable financial instruments before fair value discount			$ 4,596,822
Fair value discount			(143,509)
Total mandatory redeemable financial instruments	$ 3,795,852	$ 3,795,852	4,453,313
Accretion of fair value discount	56,106	99,136
Net foreign exchange movement		119,198
Payments to acquire noncontrolling interest shares		(875,795)
Less mandatory redeemable financial instruments - current portion	(3,034,615)	(3,034,615)	(3,010,254)
Mandatory redeemable financial instruments - long term portion	$ 761,237	$ 761,237	$ 1,443,059

Mandatory Redeemable Financia48

Mandatory Redeemable Financial Instruments (Purchase Commitment Schedule) (Details) - USD ($)	Dec. 31, 2017	Jul. 31, 2017	Mar. 31, 2017
Financial Instruments Subject to Mandatory Redemption by Settlement Terms [Line Items]
For the quarter ended March 31, 2018	$ 2,097,556
For the quarter ended June 30, 2018	312,353
For the quarter ended September 30, 2018	312,353
For the quarter ended December 31, 2018	312,353
For the quarter ended March 31, 2019	302,820
For the quarter ended June 30, 2019	293,577
For the quarter ended September 30, 2019	164,840
Total mandatory redeemable financial instruments	3,795,852		$ 4,453,313
MMPL Agreement
Financial Instruments Subject to Mandatory Redemption by Settlement Terms [Line Items]
For the quarter ended March 31, 2018	1,555,977
For the quarter ended June 30, 2018	0
For the quarter ended September 30, 2018	0
For the quarter ended December 31, 2018	0
For the quarter ended March 31, 2019	0
For the quarter ended June 30, 2019	0
For the quarter ended September 30, 2019	0
Total mandatory redeemable financial instruments	1,555,977	$ 1,000,000
DPPL Agreement
Financial Instruments Subject to Mandatory Redemption by Settlement Terms [Line Items]
For the quarter ended March 31, 2018	541,579
For the quarter ended June 30, 2018	312,353
For the quarter ended September 30, 2018	312,353
For the quarter ended December 31, 2018	312,353
For the quarter ended March 31, 2019	302,820
For the quarter ended June 30, 2019	293,577
For the quarter ended September 30, 2019	164,840
Total mandatory redeemable financial instruments	$ 2,239,875	$ 100,000

Debt (Schedule of Long-term Deb

Debt (Schedule of Long-term Debt Instruments) (Details) - USD ($)	Dec. 31, 2017	Mar. 31, 2017
Debt Instrument [Line Items]
Long term debt, gross	$ 12,462,943	$ 11,981,397
Less: debt discount	0	(502,407)
Long term debt	12,462,943	11,478,990
Less: current portion	(10,505,526)	(9,508,025)
Long term debt, less current portion	1,957,417	1,970,965
Convertible subordinated notes payable
Debt Instrument [Line Items]
Long term debt, gross	3,067,500	2,900,000
Long term debt	2,900,000
Notes payable and promissory notes
Debt Instrument [Line Items]
Long term debt, gross	3,475,599	4,066,595
Building mortgage
Debt Instrument [Line Items]
Long term debt, gross	2,054,319	2,040,802
Unsecured credit facility
Debt Instrument [Line Items]
Long term debt, gross	$ 3,865,525	$ 2,974,000

Debt (Convertible Subordinated

Debt (Convertible Subordinated Notes Payable) (Details)	Jan. 28, 2018USD ($)	Jan. 31, 2018USD ($)	Dec. 31, 2017USD ($)$ / sharesshares	Aug. 31, 2017USD ($)dayshares	May 31, 2017USD ($)$ / sharesshares	Feb. 16, 2018USD ($)shares	Dec. 31, 2017USD ($)$ / sharesshares	Dec. 31, 2016USD ($)	Dec. 31, 2017USD ($)day$ / sharesshares	Dec. 31, 2016USD ($)shares	Mar. 31, 2017USD ($)shares
Debt Instrument [Line Items]
Debt outstanding			$ 12,462,943				$ 12,462,943		$ 12,462,943		$ 11,478,990
Warrants outstanding (shares) | shares			22,208,386				22,208,386		22,208,386		17,852,803
Issuance of stock (shares) | shares									3,026,689	1,083,334
Amortization of debt discount							$ 1,187,210	$ 226,911	$ 1,633,054	$ 572,679
Convertible Notes to Series F Preferred Stock
Debt Instrument [Line Items]
Debt conversion, amount of converted debt									$ 2,080,000
Series F preferred stock
Debt Instrument [Line Items]
Issuance of stock (shares) | shares									5,702	0
Conversion threshold consecutive trading days | day									10
Series F preferred stock | Subsequent Event
Debt Instrument [Line Items]
Issuance of stock (shares) | shares						2,195
Convertible subordinated notes payable
Debt Instrument [Line Items]
Debt outstanding			$ 2,900,000				$ 2,900,000		$ 2,900,000
Notes, interest rate			12.00%				12.00%		12.00%
Debt instrument, amount with maturity date being extended			$ 1,000,000				$ 1,000,000		$ 1,000,000
Principal payments									1,136,363	$ 0
Convertible subordinated notes payable | Convertible Notes to Series G Preferred Stock | Subsequent Event
Debt Instrument [Line Items]
Debt conversion, amount of converted debt	$ 2,067,500
Convertible promissory notes | Convertible Notes to Series G Preferred Stock | Subsequent Event
Debt Instrument [Line Items]
Debt conversion, amount of converted debt						$ 3,800,000
Convertible promissory notes | Convertible Notes to Common Stock | Subsequent Event
Debt Instrument [Line Items]
Debt conversion, amount of converted debt						$ 200,000
Subordinated Debt, Tranche 1 | Convertible subordinated notes payable
Debt Instrument [Line Items]
Debt instrument, face value			3,000,000				3,000,000		3,000,000
Subordinated Debt, Tranche 2 | Convertible subordinated notes payable
Debt Instrument [Line Items]
Debt instrument, face value			2,000,000				2,000,000		2,000,000
Securities Purchase Agreement May 2017
Debt Instrument [Line Items]
Warrants outstanding (shares) | shares					420,000
Securities Purchase Agreement May 2017 | Restricted stock
Debt Instrument [Line Items]
Issuance of stock (shares) | shares					85,000
Securities Purchase Agreement May 2017 | Convertible promissory notes
Debt Instrument [Line Items]
Debt instrument, face value					$ 210,000
Notes, interest rate					10.00%
Conversion price per share (usd per share) | $ / shares					$ 0.25
Proceeds from issuance of notes					$ 200,000
Securities Purchase Agreement May 2017 | Convertible promissory notes | Convertible Notes to Common Stock
Debt Instrument [Line Items]
Debt conversion, amount of converted debt							$ 42,500
Securities Purchase Agreement May 2017 | Convertible promissory notes | Convertible Notes to Common Stock | Subsequent Event
Debt Instrument [Line Items]
Debt conversion, amount of converted debt		$ 180,000
Securities Purchase Agreement August 2017
Debt Instrument [Line Items]
Warrants outstanding (shares) | shares				1,377,409
Warrant exercise price as percent of closing stock price at issuance				150.00%
Conversion threshold consecutive trading days | day				20
Securities Purchase Agreement August 2017 | Convertible promissory notes
Debt Instrument [Line Items]
Debt instrument, face value				$ 1,136,363
Notes, interest rate				8.00%
Proceeds from issuance of notes									$ 982,500
Repayment of promissory note			$ 1,500,000
Debt instrument, term				6 months
Series F Agreement December 2017
Debt Instrument [Line Items]
Warrants outstanding (shares) | shares			624,000				624,000		624,000
Series F Agreement December 2017 | Series F preferred stock | Convertible Notes to Series F Preferred Stock
Debt Instrument [Line Items]
Debt conversion, shares issued (shares) | shares			2,329.6
Series F Agreement December 2017 | Convertible subordinated notes payable
Debt Instrument [Line Items]
Debt instrument, face value			$ 2,080,000				$ 2,080,000		$ 2,080,000
Notes, interest rate			12.00%				12.00%		12.00%
Conversion price per share (usd per share) | $ / shares			$ 0.40				$ 0.40		$ 0.40
Conversion threshold related to sale of preferred shares			$ 5,000,000
Debt instrument, term			5 years
Series F Agreement December 2017 | Convertible subordinated notes payable | Convertible Notes to Series F Preferred Stock
Debt Instrument [Line Items]
Debt conversion, amount of converted debt			$ 2,329,600
Derivative option on debt instrument | Securities Purchase Agreement August 2017
Debt Instrument [Line Items]
Derivative contract, term				5 years

Debt (Notes Payable and Promiss

Debt (Notes Payable and Promissory Notes) (Details)	1 Months Ended						9 Months Ended
	Dec. 31, 2017USD ($)shares	Aug. 31, 2017USD ($)	Jun. 30, 2017USD ($)	May 31, 2017USD ($)	Mar. 31, 2017USD ($)	Apr. 30, 2016USD ($)debt_instrumentshares	Dec. 31, 2017USD ($)shares	Dec. 31, 2016USD ($)shares	Jun. 30, 2015USD ($)
Debt Instrument [Line Items]
Shares held in escrow (in shares) | shares						2,000,000
Stock issued for collateral (shares) | shares	2,000,000						2,000,000	0
Debt outstanding	$ 12,462,943				$ 11,478,990		$ 12,462,943
Promissory Note Issued and Included in Asset Purchase Agreement
Debt Instrument [Line Items]
Number of debt instruments | debt_instrument						2
First Promissory Note issued as Part of Purchase Price Adjustment
Debt Instrument [Line Items]
Debt instrument, note balance plus interest incurred						$ 727,285
Second Promissory Note issued as Part of Purchase Price Adjustment
Debt Instrument [Line Items]
Principal payments							200,000	$ 0
Calpian Residual Acquisition Debt
Debt Instrument [Line Items]
Number of debt instruments | debt_instrument						3
Debt outstanding						$ 546,440
Principal payments							48,536	60,531
Promissory notes | HALL MOM Agreement
Debt Instrument [Line Items]
Principal payments	850,000						1,091,749	0
Promissory note issued					$ 2,000,000
Periodic principal payment required, monthly	100,000
Restructuring fees	$ 50,000
Promissory notes | HALL MOM Agreement | Maximum
Debt Instrument [Line Items]
Notes, interest rate					15.00%
Promissory notes | HALL MOM Agreement | Minimum
Debt Instrument [Line Items]
Notes, interest rate					10.00%
Periodic principal payment required, monthly					$ 50,000
Secured promissory note
Debt Instrument [Line Items]
Proceeds from issuance		$ 300,000	$ 300,000	$ 200,000
Secured promissory note | Promissory Note May 2017
Debt Instrument [Line Items]
Debt instrument, face value				$ 200,000
Secured promissory note | Promissory Note May 2017 | Maximum
Debt Instrument [Line Items]
Notes, interest rate				13.00%
Secured promissory note | Promissory Note May 2017 | Minimum
Debt Instrument [Line Items]
Notes, interest rate				10.00%
Notes, monthly percentage increase in interest in final six months to maturity				1.00%
Secured promissory note | Promissory Note June 2017
Debt Instrument [Line Items]
Debt instrument, face value			$ 300,000
Secured promissory note | Promissory Note June 2017 | Maximum
Debt Instrument [Line Items]
Notes, interest rate			13.00%
Secured promissory note | Promissory Note June 2017 | Minimum
Debt Instrument [Line Items]
Notes, interest rate			10.00%
Notes, monthly percentage increase in interest in final six months to maturity			1.00%
Secured promissory note | Promissory Note August 2017
Debt Instrument [Line Items]
Debt instrument, face value		$ 300,000
Secured promissory note | Promissory Note August 2017 | Maximum
Debt Instrument [Line Items]
Notes, interest rate		13.00%
Secured promissory note | Promissory Note August 2017 | Minimum
Debt Instrument [Line Items]
Notes, interest rate		10.00%
Notes, monthly percentage increase in interest in final six months to maturity		1.00%
Promissory notes | First Promissory Note issued as Part of Purchase Price Adjustment
Debt Instrument [Line Items]
Debt instrument, face value						$ 720,084
Notes, interest rate						12.00%
Promissory notes | Second Promissory Note issued as Part of Purchase Price Adjustment
Debt Instrument [Line Items]
Debt instrument, face value						$ 675,000
Loans payable | Bajaj Finsery
Debt Instrument [Line Items]
Debt instrument, face value								30,000	$ 60,000
Notes, interest rate									19.00%
Principal payments							$ 18,617	$ 14,162

Debt (Building Mortgage) (Detai

Debt (Building Mortgage) (Details) - Building mortgage - Standard Chartered Note	9 Months Ended
	Dec. 31, 2017USD ($)	Dec. 31, 2016USD ($)	Jun. 30, 2015USD ($)installment
Debt Instrument [Line Items]
Debt instrument, face value			$ 2,198,000
Variable interest rate			11.10%
Number of principal and interest payment installments | installment			180
Principal payments	$ 78,606	$ 43,022

Debt (Unsecured Credit Facility

Debt (Unsecured Credit Facility) (Details) - USD ($)	1 Months Ended	9 Months Ended
	Dec. 31, 2016	Dec. 31, 2017	Dec. 31, 2016	Mar. 31, 2017
Line of Credit Facility [Line Items]
Cash		$ 1,900,000
YES BANK | Unsecured Credit Facility
Line of Credit Facility [Line Items]
Unsecured credit facility	$ 1,500,000		$ 1,500,000	$ 3,000,000
Notes, interest rate	11.60%		11.60%
Accrued interest during the period		32,400
Total borrowings during the period		1,295,343	$ 0
Principal payments		479,521	$ 0
Unused credit line		$ 898,139
YES BANK | Unsecured Credit Facility | Base rate
Line of Credit Facility [Line Items]
Basis spread over base rate	2.10%
Base rate percentage	9.50%		9.50%
Shareholder | YES BANK | Unsecured Credit Facility
Line of Credit Facility [Line Items]
Standby letters of credit	$ 2,000,000		$ 2,000,000	$ 2,000,000

Fair Value of Financial Instr54

Fair Value of Financial Instruments (Liabilities Measured at Fair Value on Recurring Basis) (Details) - Fair Value, Measurements, Recurring	Dec. 31, 2017USD ($)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liability	$ 368,390
Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liability	0
Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liability	0
Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liability	$ 368,390

Fair Value of Financial Instr55

Fair Value of Financial Instruments (Weighted Average Assumptions) (Details) - USD ($)	Dec. 29, 2017	Nov. 08, 2017	Oct. 12, 2017	Sep. 30, 2017	Sep. 21, 2017	Aug. 30, 2017	Dec. 31, 2017
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Dividend Yield							0.00%
Derivative Financial Instruments | Level 3
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Common Stock Closing Price (usd per share)	$ 0.32	$ 0.22	$ 0.21	$ 0.21	$ 0.22	$ 0.27
Promissory Note - Conversion Shares (shares)	4,909,086	773,036	1,217,532	3,959,453	1,979,726	3,453,991
Warrants - Options Valued	$ 1,377,409	$ 137,741	$ 206,612	$ 1,033,056	$ 344,352	$ 688,704
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Volatility	129.29%	125.67%	130.12%	127.94%	127.45%	124.13%
Risk-free Interest Rate	2.20%	2.01%	1.95%	1.92%	1.89%	1.70%
Derivative Financial Instruments | Level 3 | Minimum
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Conversion Price per Share (usd per share)	$ 0.15	$ 0.15	$ 0.14	$ 0.14	$ 0.14	$ 0.16
Term (years)	4 months 24 days	6 months	6 months	4 months 24 days	6 months	6 months
Derivative Financial Instruments | Level 3 | Maximum
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Conversion Price per Share (usd per share)	$ 0.33	$ 0.33	$ 0.32	$ 0.40	$ 0.33	$ 0.40
Term (years)	5 years	5 years	5 years	5 years	5 years	5 years

Fair Value of Financial Instr56

Fair Value of Financial Instruments (Change in Fair Value of Level 3 Liabilities) (Details)	9 Months Ended
	Dec. 31, 2017USD ($)
Change in Level 3 Reconciliation [Roll Forward]
Financial liabilities, beginning balance	$ 0
Aggregate amount of derivative instruments issued	1,054,148
Change in fair value of derivative liabilities	512,098
Extinguishment of derivative liability - repayment of convertible promissory notes	(1,197,856)
Financial liabilities, ending balance	$ 368,390

Capital Stock (Narrative) (Deta

Capital Stock (Narrative) (Details)	May 01, 2017$ / shares	Dec. 31, 2017USD ($)$ / sharesshares	Dec. 31, 2016USD ($)shares	Dec. 31, 2017USD ($)day$ / sharesshares	Dec. 31, 2016USD ($)shares	Nov. 30, 2017$ / shares	Jul. 31, 2017$ / sharesshares	Mar. 31, 2017USD ($)$ / sharesshares
Class of Warrant or Right [Line Items]
Common stock outstanding (shares) | shares		9,565,669		9,565,669
Number of shares to be called by warrants (shares) | shares		2,144,123		2,144,123
Common stock, par value (usd per share) | $ / shares	$ 0.001	$ 0.001		$ 0.001				$ 0.001
Issuance of stock (shares) | shares				3,026,689	1,083,334
Preferred stock, par value (usd per share) | $ / shares		$ 0.001		$ 0.001				$ 0.001
Preferred stock dividends | $		$ 331,250		$ 331,250				$ 186,438
Warrants outstanding (shares) | shares		22,208,386		22,208,386				17,852,803
Weighted average warrant exercise price (usd per share) | $ / shares				$ 0.60
Number of warrants repriced (shares) | shares							1,232,390
Warrant exercise price, before repricing event (usd per share) | $ / shares							$ 1
Warrant exercise price, after repricing event (usd per share) | $ / shares							$ 0.01
Stock options granted in period (shares) | shares				2,725,000	0
Intrinsic value | $		$ 57,250	$ 127,500	$ 57,250	$ 127,500
Weighted-average remaining contractual term				7 years 4 months 24 days
Stock options outstanding (shares) | shares		6,805,000		6,805,000				4,080,000
Period after termination of services when the options become void				90 days
Selling, general and administrative
Class of Warrant or Right [Line Items]
Warrants issued for services | $		$ 262,911	66,024	$ 775,515	$ 372,475
Stock-based compensation for options included in SG&A expense | $		$ 95,731	$ 0	$ 618,093
Minimum
Class of Warrant or Right [Line Items]
Ratio for reverse stock split	0.05
Warrant exercise price (usd per share) | $ / shares		$ 0.01		$ 0.01
Maximum
Class of Warrant or Right [Line Items]
Ratio for reverse stock split	0.20
Warrant exercise price (usd per share) | $ / shares		3		$ 3
Convertible Notes to Series F Preferred Stock
Class of Warrant or Right [Line Items]
Debt Conversion, Original Debt, Amount | $				$ 2,080,000
Debt conversion, amount of existing accrued interest canceled | $				$ 249,600
Series D preferred stock
Class of Warrant or Right [Line Items]
Issuance of stock (shares) | shares				0	1,542
Temporary equity, par value (usd per share) | $ / shares		0.001		$ 0.001				$ 0.001
Temporary equity, stated value (usd per share) | $ / shares				$ 1,000
Proceeds from issuance of preferred stock | $				$ 0	$ 1,541,535
Dividend rate				15.00%
Conversion price (usd per share) | $ / shares		0.60		$ 0.60
Redemption price at completion of certain level of equity funding (usd per share) | $ / shares		$ 0.60		$ 0.60
Preferred stock dividends | $		$ 331,250		$ 331,250				$ 186,438
Series E preferred stock
Class of Warrant or Right [Line Items]
Issuance of stock (shares) | shares				0	2,530
Preferred stock, par value (usd per share) | $ / shares		$ 0.001		$ 0.001
Preferred stock, stated value | $ / shares				1,000
Proceeds from issuance of preferred stock | $					$ 2,530,000
Preferred stock, incentive conversion price (usd per share) | $ / shares		1		1		$ 1.59
Redemption price in event stock is uplisted (usd per share) | $ / shares		1.34		$ 1.34
Series F preferred stock
Class of Warrant or Right [Line Items]
Issuance of stock (shares) | shares				5,702	0
Temporary equity, par value (usd per share) | $ / shares		0.001		$ 0.001				$ 0.001
Temporary equity, stated value (usd per share) | $ / shares				$ 1,000
Proceeds from issuance of preferred stock | $				$ 5,702,100	$ 0
Dividend rate				8.00%
Conversion price (usd per share) | $ / shares		$ 0.25		$ 0.25
Conversion threshold consecutive trading days | day				10
Conversion threshold stock price trigger (usd per share) | $ / shares				$ 1.25
Series F preferred stock | Conversion of Convertible Debt
Class of Warrant or Right [Line Items]
Issuance of stock (shares) | shares				2,329.6
Proceeds from issuance of preferred stock | $				$ 2,329,600
Series F preferred stock | Cash Portion of Issuance
Class of Warrant or Right [Line Items]
Issuance of stock (shares) | shares				3,374.4
Proceeds from issuance of preferred stock | $				$ 3,372,500
Warrants Related To Series D Preferred
Class of Warrant or Right [Line Items]
Number of shares to be called by warrants (shares) | shares		0	385,384	0	385,384
Warrant exercise price (usd per share) | $ / shares		$ 0.75		$ 0.75
Warrants Expiring in 2018
Class of Warrant or Right [Line Items]
Warrants outstanding (shares) | shares		105,000		105,000
Warrants Expiring in 2019
Class of Warrant or Right [Line Items]
Warrants outstanding (shares) | shares		2,447,197		2,447,197
Warrants Expiring in 2020
Class of Warrant or Right [Line Items]
Warrants outstanding (shares) | shares		1,445,619		1,445,619
Warrants Expiring in 2021
Class of Warrant or Right [Line Items]
Warrants outstanding (shares) | shares		7,798,345		7,798,345
Warrants Expiring in 2022
Class of Warrant or Right [Line Items]
Warrants outstanding (shares) | shares		2,256,083		2,256,083
Warrants Expiring in 2023
Class of Warrant or Right [Line Items]
Warrants outstanding (shares) | shares		6,081,142		6,081,142
Warrants Expiring in 2026
Class of Warrant or Right [Line Items]
Warrants outstanding (shares) | shares		2,075,000		2,075,000

Capital Stock (Common Stock Iss

Capital Stock (Common Stock Issued) (Details) - USD ($)	1 Months Ended	9 Months Ended
	Dec. 31, 2017	Dec. 31, 2017	Dec. 31, 2016
Stockholders' Equity Note [Abstract]
Issuance of common stock for cash (shares)		3,026,689	1,083,334
Issuance of common stock for cash		$ 908,000	$ 650,000
Issuance of common stock for services (shares)		3,378,435	2,169,237
Issuance of common stock for services		$ 905,345	$ 1,143,225
Issuance of common stock for warrants exercised (shares)		1,504,223	6,116,864
Issuance of common stock for warrants exercised		$ 7,966	$ 1,744,833
Issuance of common stock for converted preferred stock and dividends (shares)		0	1,756,693
Issuance of common stock for converted preferred stock and dividends		$ 0	$ 0
Issuance of stock for conversion of convertible securities (shares)		170,000	499,072
Issuance of common stock for converted debt and relating interest		$ 42,500	$ 0
Purchases of subsidiary shares from noncontrolling interest (shares)		2,975,734	0
Purchases of subsidiary shares from noncontrolling interest		$ 0	$ 0
Issuance of common stock for collateral (shares)	2,000,000	2,000,000	0
Issuance of common stock for collateral		$ 0	$ 0

Capital Stock (Changes In Warra

Capital Stock (Changes In Warrants) (Details)	9 Months Ended
	Dec. 31, 2017shares
Class of Warrant or Right [Roll Forward]
Warrants, outstanding, beginning (shares)	17,852,803
Granted (shares)	6,171,122
Exercised (shares)	(1,504,223)
Expired/canceled (shares)	(311,316)
Warrants, outstanding, ending (shares)	22,208,386

Capital Stock (Summary of Warra

Capital Stock (Summary of Warrants Granted) (Details)	9 Months Ended
	Dec. 31, 2017shares
Class of Stock [Line Items]
Granted (shares)	6,171,122
Issued for services
Class of Stock [Line Items]
Granted (shares)	2,556,399
Issued for common stock for cash
Class of Stock [Line Items]
Granted (shares)	1,613,334
Issued for debt issuance
Class of Stock [Line Items]
Granted (shares)	2,001,389

Capital Stock (Valuation Assump

Capital Stock (Valuation Assumptions Used For Equity Compensation) (Details)	4 Months Ended	9 Months Ended
	Dec. 31, 2017	Dec. 31, 2017	Dec. 31, 2016
Class of Warrant or Right [Line Items]
Dividend yields	0.00%
Stock options
Class of Warrant or Right [Line Items]
Risk-free interest rates		1.88%	2.13%
Expected volatility		94.58%	105.39%
Dividend yields		0.00%	0.00%
Expected lives (years)		5 years	5 years
Warrants
Class of Warrant or Right [Line Items]
Risk-free interest rates		1.96%	1.71%
Expected volatility		94.34%	97.46%
Dividend yields		0.00%	0.00%
Expected lives (years)		5 years	5 years

Capital Stock (Stock Option Act

Capital Stock (Stock Option Activity) (Details) - $ / shares	9 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Number of Options
Options outstanding, beginning balance (shares)	4,080,000
Granted (shares)	2,725,000	0
Exercised (shares)	0
Forfeited (shares)	0
Options outstanding, ending balance (shares)	6,805,000
Weighted Average Exercise Price
Options outstanding, beginning balance (usd per share)	$ 0.70
Granted (usd per share)	0.32
Options outstanding, ending balance (usd per share)	$ 0.55

(Loss) Per Share (Details)

(Loss) Per Share (Details) - shares	9 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities	60,013,036	27,110,270
Warrants
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities	22,208,386	16,863,242
Stock options
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities	6,805,000	3,480,000
Convertible subordinated notes
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities	3,067,500	2,900,000
Convertible preferred stock
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities	27,932,150	3,867,028

Related Parties (Details)

Related Parties (Details)	9 Months Ended
	Dec. 31, 2017USD ($)debt_instrument$ / shares	Mar. 31, 2017USD ($)
Affiliated Entity | ART Services
Related Party Transaction [Line Items]
Amounts due to related party	$ 190,511	$ 190,511
Affiliated Entity | CMCP Transactions
Related Party Transaction [Line Items]
Amounts due to CMCP	761,805	761,805
Affiliated Entity | Happy Cellular Deposits
Related Party Transaction [Line Items]
Deposit assets	$ 789,760	$ 0
Director
Related Party Transaction [Line Items]
Number of debt instruments | debt_instrument	2
Director | Convertible Promissory Note
Related Party Transaction [Line Items]
Promissory note due to related party	$ 727,000
Call option value (in usd per share) | $ / shares	$ 2
Director | Non-Convertible Promissory Note
Related Party Transaction [Line Items]
Promissory note due to related party	$ 162,137

Supplemental Cash Flow Inform65

Supplemental Cash Flow Information (Details) - USD ($)	3 Months Ended		9 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2017	Dec. 31, 2016
Cash Flow, Noncash Investing and Financing Activities Disclosure [Abstract]
Exchange of common stock to acquire subsidiary shares from noncontrolling interest			$ 922,478	$ 0
Preferred stock dividends	$ 45,939	$ 277,980	144,814	277,980
Conversion of preferred stock and dividends to common stock			0	1,054,016
Repurchase of common stock			0	4,636,905
Conversion of sub debt and interest for common stock			42,500	349,350
Conversion of sub debt and interest for preferred stock			2,329,600	0
Issuance of warrants for debt modification			0	32,365
Acquisition of intangible assets			0	204,398
Supplemental Cash Flow Information [Abstract]
Interest paid, net of amounts capitalized			1,163,774	320,364
Income taxes paid			$ 0	$ 0

Subsequent Events (Details)

Subsequent Events (Details) - USD ($)	2 Months Ended		9 Months Ended
	Feb. 16, 2018	Feb. 14, 2018	Dec. 31, 2017	Dec. 31, 2016
Subsequent Event [Line Items]
Issuance of stock for conversion of convertible securities (shares)			170,000	499,072
Issuance of stock (shares)			3,026,689	1,083,334
Number of shares to be called by warrants (shares)			2,144,123
Series D preferred stock
Subsequent Event [Line Items]
Proceeds from issuance of preferred stock			$ 0	$ 1,541,535
Issuance of stock (shares)			0	1,542
Series F preferred stock
Subsequent Event [Line Items]
Proceeds from issuance of preferred stock			$ 5,702,100	$ 0
Issuance of stock (shares)			5,702	0
Subsequent Event | Warrants Issued in Connection with Series H Preferred Stock
Subsequent Event [Line Items]
Number of shares to be called by warrants (shares)	3,332,000
Warrant exercise price (usd per share)	$ 0.50
Subsequent Event | Issued for services | Issuance of Warrants to New Board Member, Oleg Gordienko | Director
Subsequent Event [Line Items]
Number of shares to be called by warrants (shares)	200,000
Warrant exercise price (usd per share)	$ 0.66
Exercise period of warrant (years)		5 years
Subsequent Event | Issued for services | Issuance of Warrants to New Board Member, Max Shcherbakoy | Director
Subsequent Event [Line Items]
Number of shares to be called by warrants (shares)		200,000
Warrant exercise price (usd per share)		$ 0.66
Exercise period of warrant (years)		5 years
Subsequent Event | Promissory notes | HALL MOM Agreement
Subsequent Event [Line Items]
Repayment of debt	$ 900,000
Subsequent Event | Convertible Notes to Series G Preferred Stock | Convertible promissory notes
Subsequent Event [Line Items]
Debt conversion, amount of converted debt	3,800,000
Debt conversion, debt instrument balance canceled upon conversion	3,000,000
Debt conversion, amount of existing accrued interest canceled	700,000
Subsequent Event | Convertible Notes to Common Stock | Convertible promissory notes
Subsequent Event [Line Items]
Debt conversion, amount of converted debt	$ 200,000
Subsequent Event | Common Stock
Subsequent Event [Line Items]
Issuance of stock that was previously subscribed (shares)	646,634
Shares issued for warrants exercised	236,250
Issuance of stock for conversion of convertible securities (shares)	722,979
Subsequent Event | Series D preferred stock
Subsequent Event [Line Items]
Convertible preferred stock converted to other securities	$ 2,000,000
Subsequent Event | Series F preferred stock
Subsequent Event [Line Items]
Issuance of stock for conversion of convertible securities (shares)	1,577
Proceeds from issuance of preferred stock	$ 2,000,000
Issuance of stock (shares)	2,195
Subsequent Event | Series G preferred stock
Subsequent Event [Line Items]
Issuance of stock for conversion of convertible securities (shares)	3,778
Subsequent Event | Series H preferred stock
Subsequent Event [Line Items]
Proceeds from issuance of preferred stock	$ 5,000,000
Issuance of stock (shares)	1,666