Annual report pursuant to Section 13 and 15(d)

1. ORGANIZATION, LIQUIDITY AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

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1. ORGANIZATION, LIQUIDITY AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Mar. 31, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Share-based compensation expenses

The following table summarizes share-based compensation expenses relating to shares and options granted and the effect on loss per common share during the years ended March 31, 2021 and 2020:

 

 

    Fiscal Years Ended  
    March 31, 2021     March 31, 2020  
Vesting of Stock Options and Restricted Stock Units   $ 779,421     $ 843,998  
Total Stock-Based Compensation Expense   $ 779,421     $ 843,998  
                 
Weighted average number of common shares outstanding – basic and diluted     12,090,884       3,414,840  
                 
Basic and diluted loss per common share   $ (0.06 )   $ (0.25 )