STOCK BASED COMPENSATION (Tables)

6 Months Ended

Sep. 30, 2018

Fair Value Measurement Inputs and Valuation Techniques [Table Text Block]

The fair value of these warrants granted was estimated as of the grant date using the Black-Scholes model with the following assumptions:

	Common Stock Warrants September 30, 2018
Expected term (in years)		5.0
Risk-free interest rate (%)		1.8% - 2.8	%
Expected volatility (%)		50.3% - 52.2	%
Dividend yield (%)		0.0	%

Share-based Compensation, Activity [Table Text Block]

Warrant activity is summarized as follows:

	Shares		Weighted Average Exercise Price
Warrants outstanding at March 31, 2018		207,210	$	5.69
Granted (Underwriter Warrants for the IPO)		57,200	$	8.75
Exercised		-		-
Cancelled		-		-
Warrants outstanding at September 30, 2018		264,410	$	6.35

Schedule of Share-based Payment Award, Employee Stock Purchase Plan, Valuation Assumptions [Table Text Block]

The fair value of the options granted on April 9, 2018 was estimated as of the grant date using the Black-Scholes model with the following assumptions.

	Stock Options September 30, 2018
Expected term (in years)		5.0
Risk-free interest rate (%)		2.6	%
Expected volatility (%)		50.3	%
Dividend yield (%)		0.0	%

Share-based Compensation, Stock Options, Activity [Table Text Block]

The fair value of all outstanding stock options is $3.21. Stock option activity is summarized as follows:

	Shares		Weighted Average Exercise Price
Stock options outstanding at March 31, 2018		-		-
Granted		1,139,500	$	6.88
Exercised		-		-
Cancelled		-		-
Stock options outstanding at September 30, 2018		1,139,500	$	6.88

Nonqualified Stock Options [Member]

Schedule of Share-based Payment Award, Employee Stock Purchase Plan, Valuation Assumptions [Table Text Block]

The fair value of the options granted on August 3, 2018 was estimated as of the grant date using the Black-Scholes model with the following assumptions.

	Stock Options September 30, 2018
Expected term (in years)		10.0
Risk-free interest rate (%)		2.95	%
Expected volatility (%)		50.3	%
Dividend yield (%)		0.0	%