Quarterly report pursuant to Section 13 or 15(d)

9. STOCK COMPENSATION (Tables)

v3.19.2
9. STOCK COMPENSATION (Tables)
3 Months Ended
Jun. 30, 2019
Share-based Payment Arrangement [Abstract]  
Share-baed compensation expense relating to RSU
    Three Months
Ended
June 30, 2019
    Three Months
Ended
June 30, 2018
 
Vesting of stock options and restricted stock units   $ 326,536     $ 263,162  
Total stock-based compensation expense   $ 326,536     $ 263,162  
                 
Weighted average number of common shares outstanding – basic and diluted     19,057,255       17,754,728  
                 
Basic and diluted loss per common share attributable to stock-based compensation expense   $ (0.02 )   $ (0.01 )
Options outstanding that have vested and are expected to vest
    Number of
Shares
    Weighted
Average
Exercise
Price
    Weighted
Average
Remaining
Contractual
Term in
Years
 
                         
Vested     325,047     $ 8.18       3.60  
Expected to vest     561,625     $ 1.26       9.48  
Total     886,672                  
Schedule of stock option activity
    Amount     Range of
Exercise Price
    Weighted
Average
Exercise
Price
 
Stock options outstanding at March 31, 2019     886,672       $1.25-$12.50     $ 3.79  
Exercised         $     $  
Granted         $     $  
Cancelled/Expired         $     $  
Stock options outstanding at June 30, 2019     886,672       $1.25 – $12.50     $ 3.79  
Stock options exercisable at June 30, 2019     325,047       $1.68 – $12.50     $ 8.18