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STOCK-BASED COMPENSATION (Tables)

12 Months Ended

Mar. 31, 2022

Equity [Abstract]

Schedule of Fair Value Assumptions

The following assumptions were used in the fair-value method calculations:

Schedule of Fair Value Assumptions

STOCK-BASED COMPENSATION

		Year Ended March 31,
		2022				2021
Risk-free interest rates			0.8% - 2.42%				0.28% - 0.71%
Volatility			89% - 370%				87% - 127%
Expected life (years)			5.0 - 6.2				5.0 - 6.0
Dividend yield			—				—

Schedule of Stock Option activity

A summary of stock option activity under the 2017 Plan is presented below:

Schedule of Stock Option activity

STOCK-BASED COMPENSATION (Details 2)

		Shares				Options Outstanding
		Available				Number of				Weighted Average
		for Grant				Shares				Exercise Price
Balance at March 31, 2020			274,019				1,059,315			$	4.74
Options granted			(163,492	)			163,492				8.64
Options cancelled and returned to the Plan			25,555				(25,555	)			6.75
Balance at March 31, 2021			136,082				1,197,252				5.25
Additional shares authorized under the Plan			1,333,334				—				—
Options granted			(827,427	)			827,427				10.39
Share awards			(26,497	)			—				—
Options cancelled and returned to the Plan			373,974				(373,974	)			10.73
Balance at March 31, 2022			989,466				1,650,705			$	6.58

Schedule of Outstanding and Exercisable Option, Range

The following table summarizes the range of outstanding and exercisable options as of March 31, 2022:

Schedule of Outstanding and Exercisable Option, Range

STOCK-BASED COMPENSATION (Details 3)

		Options Outstanding												Options Exercisable
Range of Exercise Price		Number Outstanding				Weighted Average Remaining Contractual Life (in Years)				Weighted Average Exercise Price				Number Exercisable				Weighted Average Exercise Price				Aggregate Intrinsic value
$1.98 - $17.70			1,650,705				8.01			$	6.58				1,193,680			$	5.69			$	1,090,966

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Tabular disclosure of assumption used to determine benefit obligation and net periodic benefit cost of defined benefit plan. Includes, but is not limited to, discount rate, rate of compensation increase, expected long-term rate of return on plan assets and interest crediting rate.

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