Quarterly report pursuant to Section 13 or 15(d)

Stock Based Compensation (Tables)

v3.19.3
Stock Based Compensation (Tables)
6 Months Ended
Sep. 30, 2019
Share-based Payment Arrangement, Noncash Expense [Abstract]  
Assumptions used
Vesting period (years)     3  
Volatility     165.33 %
Risk-free rate     1.66 %
Summary of stock option activity

The following is a summary of stock option activity for the six months ended September 30, 2019:

 

    Shares     Weighted Average Exercise Price    

Weighted

Average Remaining Contractual Term

(In Years)

   

Aggregate

Intrinsic Value

 
Outstanding, March 31, 2019     350,000     $ 1.98       8.52     $ 2,342  
Granted     -       -       -       -  
Exercised     (50,000 )     1.98       -       394  
Forfeited/cancelled/expired     -       -       -       -  
Outstanding, at September 30, 2019     300,000     $ 1.98       8.02     $ 2,958  
Exercisable, at September 30, 2019     60,000     $ 1.98       8.02     $ 592  

 

Resricted stock outstanding
    Shares     Weighted Average Fair Value  
Outstanding, March 31, 2019     2,275,000     $ 4,777  
Granted     -       -  
Vested     -       -  
Forfeited/cancelled/expired     -       -  
Outstanding, at September 30, 2019     2,275,000     $ 4,777