STOCK BASED COMPENSATION (Tables)

6 Months Ended

Sep. 30, 2023

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	47.9	%
Risk-free rate	3.24	%

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 six months ended September 30, 2023:

	Shares	Weighted Average Fair Value
Outstanding, at March 31, 2023	467,058	18,035
Granted	—	—
Vested	(134,558)	(5,138)
Forfeited/cancelled/expired	(4,500)	(235)
Outstanding, at September 30, 2023	328,000	12,662