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STOCKHOLDERS’ DEFICIT AND STOCK-BASED COMPENSATION (Tables)

9 Months Ended

Dec. 31, 2021

Equity [Abstract]

Schedule of Fair Value Assumptions

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

Schedule of Fair Value Assumptions

STOCKHOLDERS' EQUITY (DEFICIT) & STOCK-BASED COMPENSATION

		Three Months Ended December 31,								Nine Months Ended December 31,
		2021				2020				2021				2020
Risk-free interest rates			1.26% - 1.36%				0.38%				0.8% - 1.36%				0.28% - 0.38%
Volatility			197% - 253%				87%				89% - 370%				87% - 127%
Expected life (years)			5.0 – 6.0				5.2 – 5.7				5.0 - 6.2				5.0 - 6.0
Dividend yield			—				—				—				—

Schedule of Stock Option activity

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

Schedule of Stock Option activity

STOCKHOLDERS' EQUITY (DEFICIT) & STOCK-BASED COMPENSATION (Details 2)

						Options Outstanding
		Shares Available for Grant				Number of Shares				Weighted Average Exercise Prices
Balance at March 31, 2021			136,082				1,197,252			$	5.25
Options granted			(60,774	)			60,774				12.69
Share awards			(1,836	)			—				—
Options cancelled and returned to the Plan			7,547				(7,547	)			8.61
Balance at June 30, 2021			81,089				1,250,479				5.58
Additional shares authorized under the Plan			1,333,334				—				—
Options granted			(396,384	)			396,384				12.15
Share awards			(3,636	)			—				—
Options cancelled and returned to the Plan			49,213				(49,213	)			7.02
Balance at September 30, 2021			1,063,546				1,597,650				7.17
Options granted			(266,112	)			259,559				9.99
Share awards			(5,775	)			—
Options cancelled and returned to the Plan			29,073				(11,256	)			7.24
Balance at December 31, 2021			820,732				1,845,953				7.57

Schedule of Outstanding and Exercisable Option, Range

The following table summarizes the range of outstanding and exercisable options as of December 31, 2021:

Schedule of Outstanding and Exercisable Option, Range

STOCKHOLDERS' EQUITY (DEFICIT) & 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			1,845,953				8.13			$	7.57				1,011,586			$	5.10			$	3,564,268

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