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CAPITAL STOCK (Tables)
12 Months Ended
Mar. 31, 2025
Class of Stock [Line Items]  
SCHEDULE OF OUTSTANDING AND EXERCISABLE STOCK PURCHASE WARRANTS

At March 31, 2025 and 2024, outstanding and exercisable stock purchase warrants consisted of the following:

 

 

Number of
Shares

 

 

Weighted
Averaged
Exercise
Price

 

 

Weighted
Average Life
Remaining
(Years)

 

Outstanding at March 31, 2023

 

 

2,560,946

 

 

$

2.46

 

 

 

1.59

 

Granted

 

 

 

 

 

 

 

 

 

Exercised

 

 

(31,750

)

 

 

2.40

 

 

 

 

Forfeited or cancelled

 

 

(720,366

)

 

 

3.19

 

 

 

 

Outstanding at March 31, 2024

 

 

1,808,830

 

 

$

2.16

 

 

 

1.09

 

Exercisable at March 31, 2024

 

 

1,808,830

 

 

$

2.16

 

 

 

1.09

 

 

 

Number of
Shares

 

 

Weighted
Averaged
Exercise
Price

 

 

Weighted
Average Life
Remaining
(Years)

 

Outstanding at March 31, 2024

 

 

1,808,830

 

 

$

2.16

 

 

 

1.09

 

Granted

 

 

 

 

 

 

 

 

 

Exercised

 

 

 

 

 

 

 

 

 

Forfeited or cancelled

 

 

(87,574

)

 

 

2.35

 

 

 

 

Outstanding at March 31, 2025

 

 

1,721,256

 

 

$

2.03

 

 

 

0.84

 

Exercisable at March 31, 2025

 

 

1,721,256

 

 

$

2.03

 

 

 

0.84

 

SCHEDULE OF SHARE BASED COMPENSATION ARRANGEMENTS

Number of Options

 

 

400,000

 

Option Vesting Period

 

Up to 3 years

 

Per share grant price

 

$

2.08

 

Dividend yield

 

 

-

 

Expected volatility

 

 

83.5

%

Risk-free interest rate

 

 

4.13

%

Expected life (years)

 

 

5.75

 

Weighted average fair value

 

$

1.50

 

 

 

Stock Option Activity [Member]  
Class of Stock [Line Items]  
SUMMARY OF STOCK ACTIVITY

The following is a summary of our stock option activity during the years ended March 31, 2024 and 2025:

 

Number of Options

 

 

Weighted Average Exercise Price

 

 

Weighted Average Grant Date Fair Value

 

 

Weighted Average Remaining Life in Years

 

Outstanding, April 1, 2023

 

 

 

-

 

 

$

 

-

 

 

$

 

-

 

 

 

 

-

 

Granted

 

 

 

400,000

 

 

 

 

2.08

 

 

 

 

1.50

 

 

 

 

10.00

 

Exercised

 

 

 

-

 

 

 

 

-

 

 

 

 

-

 

 

 

 

-

 

Canceled/Forfeited

 

 

 

-

 

 

 

 

-

 

 

 

 

-

 

 

 

 

-

 

Outstanding, March 31, 2024

 

 

 

400,000

 

 

 

2.08

 

 

 

 

1.50

 

 

 

 

9.32

 

Granted

 

 

 

-

 

 

 

 

-

 

 

 

 

-

 

 

 

 

-

 

Exercised

 

 

 

-

 

 

 

 

-

 

 

 

 

-

 

 

 

 

-

 

Canceled/Forfeited

 

 

 

-

 

 

 

 

-

 

 

 

 

-

 

 

 

 

-

 

Outstanding, March 31, 2025

 

 

 

400,000

 

 

$

2.08

 

 

$

 

1.50

 

 

 

 

8.32

 

Stock Award Activity [Member]  
Class of Stock [Line Items]  
SUMMARY OF STOCK ACTIVITY

A summary of stock award activity for the year ended March 31, 2025 is as follows:

 

 

Number of Shares

 

 

Weighted-Average Grant-Date Fair Value Per Share

 

Outstanding at April 1, 2024

 

 

1,540,525

 

 

$

 

2.93

 

Granted

 

 

510,000

 

 

 

 

1.77

 

Vested

 

 

(1,585,329

)

 

 

 

2.74

 

Forfeited

 

 

(250,000

)

 

 

 

2.32

 

Outstanding at March 31, 2025

 

 

215,196

 

 

$

 

2.24

 

A summary of stock award activity for the year ended March 31, 2024 is as follows:

 

 

Number of Shares

 

 

Weighted-Average Grant-Date Fair Value Per Share

 

Outstanding at April 1, 2023

 

 

2,204,659

 

 

$

 

3.68

 

Granted

 

 

2,579,901

 

 

 

 

2.22

 

Vested

 

 

(1,371,849

)

 

 

 

2.94

 

Forfeited

 

 

(1,872,186

)

 

 

 

2.82

 

Outstanding at March 31, 2024

 

 

1,540,525

 

 

$

 

2.93