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ORGANIZATION, LIQUIDITY AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Mar. 31, 2024
Accounting Policies [Abstract]  
Schedule of cash and cash equivalents
          
   For the year ended 
   March 31,
2024
   March 31,
2023
 
Cash in US bank checking account  $697,908   $575,766 
Cash equivalents held in US Treasury bills   4,736,469    13,910,973 
Cash in Australian bank checking account   7,601    46,204 
Total cash and cash equivalents  $5,441,978   $14,532,943 
Schedule of share-based compensation expenses
        
   Fiscal Years Ended 
   March 31, 2024   March 31, 2023 
Vesting of Stock Options and Restricted Stock Units  $1,219,370   $1,051,898 
Total Stock-Based Compensation Expense  $1,219,370   $1,051,898 
           
Weighted average number of common shares outstanding – basic and diluted   2,512,774    2,053,744 
           
Basic and diluted loss per common share  $(0.49)  $(0.51)