Quarterly report pursuant to Section 13 or 15(d)

9. STOCK COMPENSATION (Tables)

v3.19.3
9. STOCK COMPENSATION (Tables)
6 Months Ended
Sep. 30, 2019
Share-based Payment Arrangement [Abstract]  
Share-based compensation expense relating to RSUs
    Three Months
Ended
September 30,
2019
    Three Months
Ended
September 30,
2018
    Six Months
Ended
September 30,
2019
    Six Months
Ended
September 30,
2018
 
Vesting of stock options and restricted stock units   $ 326,536     $ 336,496     $ 653,072     $ 599,658  
Total stock-based compensation expense   $ 326,536     $ 336,496     $ 653,072     $ 599,658  
                                 
Weighted average number of common shares outstanding – basic and diluted     1,317,418       1,185,949       1,294,206       1,184,795  
                                 
Basic and diluted loss per common share attributable to stock-based compensation expense   $ (0.25 )   $ (0.28 )   $ (0.50 )   $ (0.51 )
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     13,684     $ 113.27       3.21  
Expected to vest     37,440     $ 18.85       8.24  
Total     51,124                  
Schedule of stock option activity
    Amount     Range of
Exercise Price
    Weighted
Average
Exercise
Price
 
Stock options outstanding at March 31, 2019     59,111     $ 18.75 - 187.50     $ 56.85  
Adjustment for reverse split     14       n/a       n/a  
Exercised         $     $  
Granted         $     $  
Cancelled/Expired     (8,001 )   $ 75.00 - 142.50     $ 138.75  
Stock options outstanding at September 30, 2019     51,124     $ 18.75 - 187.50     $ 44.12  
Stock options exercisable at September 30, 2019     13,684     $ 25.20 - 187.50     $ 113.27