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Stock-based Compensation (Tables)
9 Months Ended
Dec. 31, 2020
Share-based Payment Arrangement [Abstract]  
Summary of Activity of Stock Options

The following table is a summary of activity of stock options for the nine months ended December 31, 2020:

 

    Number of
Shares
    Weighted
Average
Exercise Price
    Weighted Average
Remaining Contract
Life in Years
 
Outstanding at April 1, 2020     227,700     $ 5.65       4.83  
Granted     -       -          
Exercised     (11,700 )     -          
Forfeited or Expired     (35,200 )     -          
Outstanding at December 31, 2020     180,800     $ 5.49       5.11  
                         
Vested at December 31, 2020     119,800     $ 6.33       3.28  
Exercisable at December 31, 2020     119,800     $ 6.33       3.28