STOCKHOLDERS EQUITY (Details Narrative) - USD ($) |
3 Months Ended | 6 Months Ended | |||
|---|---|---|---|---|---|
Oct. 06, 2017 |
Sep. 30, 2020 |
Sep. 30, 2019 |
Sep. 30, 2020 |
Sep. 30, 2019 |
|
| STOCKHOLDERS EQUITY (Details Narrative) | |||||
| Agreement description | the Company awarded restricted stock grants totalling 3,900,000 shares of its common stock to 16 employees and awarded nonqualified stock options to purchase an aggregate of 360,000 shares of its common stock to two employees. Of the 3,900,000 shares awarded pursuant to the restricted stock grant awards, 1,200,000 shares were subject to two-year vesting conditions and 2,700,000 shares are subject to three-year vesting conditions. | the Company awarded restricted stock grants totalling 3,900,000 shares of its common stock to 16 employees and awarded nonqualified stock options to purchase an aggregate of 360,000 shares of its common stock to two employees. Of the 3,900,000 shares awarded pursuant to the restricted stock grant awards, 1,200,000 shares were subject to two-year vesting conditions and 2,700,000 shares are subject to three-year vesting conditions. Shares of restricted stock have the same dividend and voting rights as common stock while options do not. All awards were issued at the fair value of the underlying shares at the grant date. All of the nonqualified stock options are subject to three-year vesting conditions. | |||
| Common stock, shares outstanding, nonqualified stock options | $ 0 | $ 50,000,000 | |||
| Total proceeds | $ 99,000 | ||||
| Stricke price per share | $ 1.98 | $ 1.98 | |||
| Common stock, restricted stock awarded | 3,900,000 | ||||
| Aggregate shares purchase | 360,000 | ||||
| Vesting conditions shares | 2,700,000 | ||||
| Stock grant awards | 1,200,000 | ||||
| Stock-based compensation expense | $ 530,000 | $ 781,000 | $ 1,055,000 | $ 1,554,000 | |