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STOCK-BASEDCOMPENSATION (Tables)
9 Months Ended
Dec. 31, 2020
STOCK-BASED COMPENSATION  
Schedule of Assumptions used

Vesting period (years)

 

 

3

 

Volatility

 

 

165.33%

Risk-free rate

 

 

1.66%
Summary of stock option activity

 

 

Shares

 

 

Weighted Average Exercise Price

 

 

Weighted

Average Remaining Contractual Term

(In Years)

 

 

Aggregate

Intrinsic Value

 

Outstanding, March 31, 2020

 

 

120,000

 

 

$1.98

 

 

 

7.52

 

 

$1,466

 

Granted

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Exercised

 

 

(60,000)

 

 

1.98

 

 

 

-

 

 

 

1,711

 

Forfeited/cancelled/expired

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Outstanding, at December 31, 2020

 

 

60,000

 

 

$1.98

 

 

 

6.77

 

 

$2,960

 

Exercisable, at December 31, 2020

 

 

60,000

 

 

$1.98

 

 

 

6.77

 

 

$2,960

 

Summary of restricted stock outstanding

 

 

Shares

 

 

Weighted Average

Fair Value

 

Outstanding, March 31, 2020

 

 

2,275,000

 

 

$4,777

 

Granted

 

 

15,000

 

 

 

775

 

Vested

 

 

(2,275,000)

 

 

(4,777)

Forfeited/cancelled/expired

 

 

-

 

 

 

-

 

Outstanding, at December 31, 2020

 

 

15,000

 

 

$775