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STOCKHOLDERS' EQUITY (Tables)
3 Months Ended 12 Months Ended
Jun. 30, 2019
Mar. 31, 2019
STOCKHOLDERS' EQUITY    
Stock-based compensation  

Grantees   Option
Shares
    Vesting
Periods
  Total Fair
Value of
Options
    2019 Stock-Based
Compensation
Expense
    Unrecognized
expense at
March 31, 2019
 
Consultants     1,280,000     July 25, 2018 to July 24, 2019   $ 682,240     $ 466,197     $ 216,043  
Consultants     185,221     January  16, 2019 to January 15, 2022   $ 336,732     $ 23,150     $ 313,582  
Chief Executive Officer     64,687     *   $ 42,761     $ 42,761        
Total     1,529,908         $ 1,061,733     $ 532,108     $ 529,625  

 

Stock option activity

          Options Outstanding  
                Weighted  
    Shares           Average  
    Available     Number of     Exercise  
    for Grant     Shares     Prices  
Balance at April 1, 2019     1,470,092       1,529,908     $ 0.85  
Options granted     (22,686 )     22,686     $ 2.25  
Balance at June 30, 2019     1,447,406       1,552,594     $ 0.88  

 

          Options Outstanding  
                Weighted  
    Shares           Average  
    Available     Number of     Exercise  
    for Grant     Shares     Prices  
Balance at April 1, 2017                  
Shares authorized under the EIP     3,000,000              
Balance at March 31, 2018     3,000,000           $  
Options granted     (1,529,908 )     1,529,908     $ 0.86  
Balance at March 31, 2019     1,470,092       1,529,908     $ 0.86  

 

    Options Outstanding     Options Exercisable  
          Weighted                          
          Average                          
          Remaining     Weighted           Weighted        
          Contractual     Average           Average     Aggregate  
    Number     Life     Exercise     Number     Exercise     Intrinsic  
Range of Exercise Price   Outstanding     (in Years)     Price     Exercisable     Price     value  
$0.66 - $2.25     1,529,908       9.39     $ 0.86       918,020       0.68     $