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1. ORGANIZATION, LIQUIDITY AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Mar. 31, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Share-based compensation expenses

The following table summarizes share-based compensation expenses relating to shares and options granted and the effect on loss per common share during the years ended March 31, 2021 and 2020:

 

 

   Fiscal Years Ended 
   March 31, 2021   March 31, 2020 
Vesting of Stock Options and Restricted Stock Units  $779,421   $843,998 
Total Stock-Based Compensation Expense  $779,421   $843,998 
           
Weighted average number of common shares outstanding – basic and diluted   12,090,884    3,414,840 
           
Basic and diluted loss per common share  $(0.06)  $(0.25)