Stock-Based Compensation (Tables)

6 Months Ended

Sep. 30, 2022

Service Based Stock Option [Member]

Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions

In determining the fair value of the service-based options during the six months ended September 30, 2022, we utilized the Black-Scholes pricing model utilizing the following assumptions:

Option exercise price per share	$0.21 - $0.30
Grant date fair value per share	$0.20 - $0.29
Range of expected volatility	151% - 163%
Expected term of option in years	6.25
Range of risk-free interest rate	2.5% - 3.3%
Dividend yield	-

Schedule of Stock Option Activity

Activity under the 2018 Plan for all service-based stock options for the six months ended September 30, 2022 are as follows:

	Options Outstanding			Weighted- Average Exercise Price per Share		Weighted- Average Remaining Contractual Term in Years		Aggregate Intrinsic Value
Options outstanding at April 1, 2022:		5,606,013		$	0.33		8.57	$	5,000
Granted		375,000			0.25
Exercised		-			-
Cancelled or forfeited		(489,127	)		0.33
Options outstanding as of September 30, 2022		5,491,886		$	0.31		7.51	$	-
Options vested and exercisable as of September 30, 2022		2,617,443		$	0.31			$	-

Performance Based Options [Member]

Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions

In determining the fair value of the performance-based options granted to Mr. Hall on September 14, 2020 and earned effective February 1, 2021, we utilized the Black-Scholes pricing model utilizing the following assumptions:

	Performance -Based Options
Option exercise price per share	$	1.08
Grant date fair market value per share	$	1.08
Expected term of option in years		6.25
Expected volatility		240.1	%
Expected dividend rate		0.00	%
Risk free interest rate		0.54	%

Schedule of Stock Option Activity

Activity under the 2018 Plan for all performance-based stock options for the six months ended September 30, 2022 is as follows:

	Options Outstanding		Weighted- Average Exercise Price per Share		Weighted- Average Remaining Contractual Term in Years		Aggregate Intrinsic Value
Options outstanding at April 1, 2022:		600,000	$	0.33		8.46	$	-
Granted		-		-
Exercised		-		-
Cancelled or forfeited		-		-
Options outstanding as of September 30, 2022		600,000	$	0.33		7.96	$	-
Options vested and exercisable as of September 30, 2022		282,822	$	0.33			$	-