EMPLOYEE AND NON-EMPLOYEE STOCK OPTIONS (Tables)

12 Months Ended

Mar. 31, 2023

Share-Based Payment Arrangement [Abstract]

Schedule of Option Activity

Option activity during the fiscal years ended March 31, 2022 and 2023 is summarized below (in thousands, except for shares): 

	Shares	Weighted Average Exercise Price Per Share		Weighted Average Remaining Life (Years)	Aggregate Intrinsic Value
Outstanding at March 31, 2021	11,250	$	6.61	2.07	$	193,000
Granted	—	—
Exercised	—	—
Forfeited	—	—
Repurchased	—	—
Outstanding at March 31, 2022	11,250	6.61		1.07	182,000
Granted	—	—
Exercised	(3,750)	5.75
Forfeited	—	—
Repurchased	—	—
Outstanding at March 31, 2023	7,500	7.04		0.40	135,000
Exercisable at March 31, 2023	7,500	$	7.04	0.40	$	135,000

Schedule of Black-Scholes Option Pricing Model

The key assumptions used in the Plan's Black-Scholes option pricing model are as follows:

Risk-free interest rate	0.94	%
Expected dividend yield	—
Expected term	10 years
Expected volatility	44.29	%