Quarterly report pursuant to Section 13 or 15(d)

STOCK-BASEDCOMPENSATION (Tables)

v3.21.2
STOCK-BASEDCOMPENSATION (Tables)
3 Months Ended
Jun. 30, 2021
STOCK-BASED COMPENSATION  
Schedule of Assumptions used

Term (years)

 

 

5

 

Volatility

 

 

41.5 %

Risk-free rate

 

 

0.06 %
Summary of stock option activity

 

 

Shares

 

 

Weighted

Average

Fair Value

 

Outstanding, at March 31, 2021

 

 

15,000

 

 

$ 775

 

Granted

 

 

1,031,500

 

 

 

39,465

 

Vested

 

 

-

 

 

 

-

 

Forfeited/cancelled/expired

 

 

-

 

 

 

-

 

Outstanding, at June 30, 2021

 

 

1,046,500

 

 

$ 40,240

 

Summary of restricted stock outstanding

 

 

Shares

 

 

Weighted Average Exercise Price

 

 

Weighted

Average Remaining Contractual Term

(In Years)

 

 

Aggregate

Intrinsic Value

 

Outstanding, March 31, 2021

 

 

60,000

 

 

$ 1.98

 

 

 

6.52

 

 

$ 3,083

 

Granted

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Exercised

 

 

-

 

 

 

-

 

 

 

 -

 

 

 

-

 

Forfeited/cancelled/expired

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Outstanding, at June 30, 2021

 

 

60,000

 

 

1.98

 

 

 

6.27

 

 

$ 3,790

 

Exercisable, at June 30, 2021

 

 

60,000

 

 

$ 1.98

 

 

 

6.27

 

 

$ 3,790

 

Schedule of stock options using the Black Scholes option

Term (years)

 

 

3

 

Volatility

 

 

165.33 %

Risk-free rate

 

 

1.66