STOCK BASED COMPENSATION (Tables)

9 Months Ended

Dec. 31, 2022

Share-based Payment Arrangement, Noncash Expense [Abstract]

Schedule of fair value of restricted shares awarded using the monte carlo valuation model

The Company has determined the fair value of restricted shares awarded as of grant date, using the Monte Carlo valuation model based on the following key assumptions:

Term (years)	3.62
Volatility	35.2	%
Risk-free rate	4.18	%

Schedule of the activity of the company's restricted stock outstanding

The table below summarizes the activity for the Company’s restricted stock outstanding during the nine months ended December 31, 2022:

	Shares	Weighted Average Fair Value
Outstanding, at March 31, 2022	1,049,500	$	40,303
Granted	46,284	2,175
Vested	(255,226)	(10,153)
Forfeited/cancelled/expired	(68,000)	(2,602)
Outstanding, at December 31, 2022	772,558	$	29,723