SUBSEQUENT EVENTS	3 Months Ended
Jun. 30, 2023
SUBSEQUENT EVENTS
SUBSEQUENT EVENTS	NOTE 16 – SUBSEQUENT EVENTS On July 13, 2023, Thomas Sammons, our previous CFO, exercised options to purchase 125,000 shares of the Company’s common stock, pursuant to option awards previously granted under the Company’s 2016 Long-Term Incentive Plan. The options were exercised as a cashless transaction and resulted in the delivery of 109,024 shares of common stock on July 13, 2023. On July 14, 2023, Thomas Sammons, retired from service as Chief Financial Officer of the Company. He is continuing to serve the Company as a non-executive employee, which he and the Company expect will continue for a limited period of time, to assist with transition efforts. Thereafter, the Company expects that it may enter into a consultancy agreement with Mr. Sammons under which he will agree to provide consulting services to the Company as an independent contractor, primarily to continue ensuring an orderly transition of his former duties to the new chief financial officer. On July 17, 2023, the Company entered into an Employment Agreement with Barbara M. Lilley, with an effective date as of July 14, 2023 which governs Ms. Lilley’s employment as Chief Financial Officer of the Company. Pursuant to the Employment Agreement, Ms. Lilley will: (i) receive an annual base salary of $200,000; and (ii) receive a grant of 15,000 restricted shares of the Company’s common stock pursuant to the 2016 Plan. On August 3, 2023 the Company issued 15,000 restricted shares of the Company’s common stock to Ms. Lilley, consistent with the terms of the employment agreement. Provided that she remains employed by the Company from the grant date through the applicable vesting dates, 5,000 shares of the restricted stock will vest on each of the first, second, and third anniversaries of the Effective Date.

SUBSEQUENT EVENTS

3 Months Ended

Jun. 30, 2023

NOTE 16 – SUBSEQUENT EVENTS

On July 13, 2023, Thomas Sammons, our previous CFO, exercised options to purchase 125,000 shares of the Company’s common stock, pursuant to option awards previously granted under the Company’s 2016 Long-Term Incentive Plan. The options were exercised as a cashless transaction and resulted in the delivery of 109,024 shares of common stock on July 13, 2023.

On July 14, 2023, Thomas Sammons, retired from service as Chief Financial Officer of the Company. He is continuing to serve the Company as a non-executive employee, which he and the Company expect will continue for a limited period of time, to assist with transition efforts. Thereafter, the Company expects that it may enter into a consultancy agreement with Mr. Sammons under which he will agree to provide consulting services to the Company as an independent contractor, primarily to continue ensuring an orderly transition of his former duties to the new chief financial officer.

On July 17, 2023, the Company entered into an Employment Agreement with Barbara M. Lilley, with an effective date as of July 14, 2023 which governs Ms. Lilley’s employment as Chief Financial Officer of the Company. Pursuant to the Employment Agreement, Ms. Lilley will: (i) receive an annual base salary of $200,000; and (ii) receive a grant of 15,000 restricted shares of the Company’s common stock pursuant to the 2016 Plan.

On August 3, 2023 the Company issued 15,000 restricted shares of the Company’s common stock to Ms. Lilley, consistent with the terms of the employment agreement. Provided that she remains employed by the Company from the grant date through the applicable vesting dates, 5,000 shares of the restricted stock will vest on each of the first, second, and third anniversaries of the Effective Date.