9. STOCK COMPENSATION (Tables)

6 Months Ended

Sep. 30, 2020

Share-based Payment Arrangement [Abstract]

Share-based compensation expense relating to RSUs

The following tables summarize share-based compensation expenses relating to RSUs and stock options and the effect on basic and diluted loss per common share during the three and six month periods ended September 30, 2020 and 2019:

	Three Months Ended September 30, 2020			Three Months Ended September 30, 2019			Six Months Ended September 30, 2020			Six Months Ended September 30, 2019
Vesting of stock options and restricted stock units	$	167,042		$	326,536		$	251,249		$	653,072
Total stock-based compensation expense	$	167,042		$	326,536		$	251,249		$	653,072
Weighted average number of common shares outstanding – basic and diluted		12,070,592			1,317,418			10,845,049			1,294,206
Basic and diluted loss per common share attributable to stock-based compensation expense	$	(0.01	)	$	(0.25	)	$	(0.02	)	$	(0.50	)

Options outstanding that have vested and are expected to vest

Options outstanding that have vested as of September 30, 2020 and options that are expected to vest subsequent to September 30, 2020 are as follows:

	Number of Shares		Weighted Average Exercise Price		Weighted Average Remaining Contractual Term in Years
Vested		26,865	$	44.83		5.62
Expected to vest		521,476	$	2.18		9.42
Total		548,341

Schedule of stock option activity

A summary of stock option activity during the six months ended September 30, 2020 is presented below:

	Amount		Range of Exercise Price		Weighted Average Exercise Price
Stock options outstanding at March 31, 2020		51,124		$18.75 - $187.50	$	44.12
Exercised		–		–	$	–
Granted		500,752		$1.28 – $2.45	$	1.49
Cancelled/Expired		3,535		$187.50	$	187.50
Stock options outstanding at September 30, 2020		548,341		$1.28 - $187.50	$	4.27
Stock options exercisable at September 30, 2020		26,865		$1.28 - $187.50	$	44.83