STOCK-BASED COMPENSATION (Tables)

3 Months Ended

Jun. 30, 2019

Schedule of fair value of the warrants granted

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

	Common Stock Warrants
	June 30, 2019
Expected term (in years)	5.0
Risk-free interest rate (%)	1.8-2.8%
Expected volatility (%)	50.3%-52.2%
Dividend yield (%)	0.0%

Schedule of warrant activity

Warrant activity is summarized as follows:

		Weighted Average
	Shares	Exercise Price
Warrants outstanding at March 31, 2018	264,410	$	6.35
Granted	—		—
Exercised	—		—
Cancelled	—		—
Warrants outstanding at June 30, 2019	264,410	$	6.35

Schedule of fair value of the options granted

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

	Stock Options
	June 30, 2019
Expected term (in years)	5.0
Risk-free interest rate (%)	2.6	%
Expected volatility (%)	50.3	%
Dividend yield (%)	0.0	%

Schedule of stock option activity

Stock option activity is summarized as follows:

		Weighted Average
	Shares	Exercise Price
Stock option outstanding at March 31, 2019	1,139,500	$	6.88
Granted	—		—
Exercised	—		—
Cancelled	—		—
Stock options outstanding at June 30, 2019	1,139,500	$	6.88

Nonqualified Stock Options [Member]

Schedule of fair value of the options granted

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
	June 30, 2019
Expected term (in years)	10.0
Risk-free interest rate (%)	2.95	%
Expected volatility (%)	50.3	%
Dividend yield (%)	0.0	%