STOCK BASED COMPENSATION (Tables)

6 Months Ended

Sep. 30, 2024

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 shares awarded during the three months ended September 30, 2024, using the Monte Carlo valuation model based on the following key assumptions:

Stock awards granted	Term (years)	Volatility		Risk-free rate
July 1, 2024	4.57	36.98	%	4.47	%
July 12, 2024	1.54	37.30	%	4.64	%
August 5, 2024	4.48	37.51	%	3.64	%
August 13, 2024	4.45	37.69	%	3.70	%

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

The table below summarizes the activity for the Company's stock awards during the six months ended September 30, 2024:

	Shares	Weighted Average Fair Value
Outstanding, at March 31, 2024	983,205	57,598
Granted	343,626	25,039
Vested	(191,595)	(9,934)
Forfeited/cancelled/expired	—	—
Outstanding, at September 30, 2024	1,135,236	72,703