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Stock-based Compensation (Tables)
3 Months Ended
Jun. 30, 2022
Share-Based Payment Arrangement [Abstract]  
Summary of Activity of Stock Options

The following table is a summary of stock options activity for the three months ended June 30, 2022:

 

   Number of Shares   Weighted Average Exercise Price Per Share   Weighted Aggregate Average Remaining Contract Life
in Years
   Intrinsic Value 
Outstanding at April 1, 2022   114,250   $5.51   7.40   $1,221,670 
Granted   -    -           
Exercised   -    -           
Forfeited or Expired   -    -           
Outstanding at June 30, 2022   114,250   $5.51    7.15   $1,334,778 
                     
Vested at June 30, 2022   52,750   $4.68    5.99   $660,023 
Exercisable at June 30, 2022   52,750   $4.68    5.99   $660,023