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BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES - Derivatives, R&D, SG&A, Stock Based Compensation (Details) - USD ($)
12 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Selling, General, and Administrative    
Salaries and related expenses $ 1,656,053 $ 1,511,620
Professional fees 805,304 826,140
Other general and administrative 379,679 447,726
Total Selling, General and Administrative 2,841,036 2,785,486
Stock Based Compensation    
Stock based compensation cost $ 179,917 $ 90,917