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ORGANIZATION, LIQUIDITY AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
 12 Months Ended
Mar. 31, 2023
Accounting Policies [Abstract]  
Schedule of cash and cash equivalents
     
Cash in US bank checking account  $575,766 
Cash equivalents held in US Treasury bills   13,910,973 
Cash in Australian bank checking account   46,204 
Total cash and cash equivalents  $14,532,943 
Schedule of share-based compensation expenses
        
   Fiscal Years Ended 
   March 31, 2023   March 31, 2022 
Vesting of Stock Options and Restricted Stock Units  $1,051,898   $750,621 
Total Stock-Based Compensation Expense  $1,051,898   $750,621 
           
Weighted average number of common shares outstanding – basic and diluted   20,537,434    14,756,967 
           
Basic and diluted loss per common share  $(0.59)  $(0.71)