Quarterly report pursuant to Section 13 or 15(d)

STOCK COMPENSATION (Tables)

v3.21.2
STOCK COMPENSATION (Tables)
6 Months Ended
Sep. 30, 2021
Equity [Abstract]  
Share-based compensation expense relating to RSUs
                               
    Three Months
Ended
September 30,
2021
    Three Months
Ended
September 30,
2020
    Six Months
Ended
September 30,
2021
    Six Months
Ended
September 30,
2020
 
Vesting of stock options and restricted stock units   $ 201,061     $ 167,042     $ 321,216     $ 251,249  
Total stock-based compensation expense   $ 201,061     $ 167,042     $ 321,216     $ 251,249  
                                 
Weighted average number of common shares outstanding – basic and diluted     15,386,486       12,070,592       14,114,639       10,845,049  
                                 
Basic and diluted loss per common share attributable to stock-based compensation expense   $ (0.01 )   $ (0.01 )   $ (0.02 )   $ (0.02 )

  

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     87,685     $ 8.10       7.98  
Expected to vest     908,896     $ 2.78       9.19  
Total     996,581                  
Schedule of stock option activity
                 
    Amount     Range of
Exercise Price
    Weighted
Average
Exercise
Price
 
Stock options outstanding at March 31, 2021     844,089     $ 1.28 - 142.50     $ 3.07  
Exercised     (11,562 )   $ 2.45     $ 2.45  
Granted     266,888     $ 5.17     $ 5.17  
Cancelled/Expired     (102,834 )   $ 2.45 – 25.20     $ 6.83  
Stock options outstanding at September 30, 2021     996,581     $ 1.28 - 142.50     $ 3.25  
Stock options exercisable at September 30, 2021     87,685     $ 1.28 - 142.50     $ 7.98