v3.26.1
INCOME TAXES (Details - Deferred tax assets) - USD ($)
Mar. 31, 2026
Mar. 31, 2025
Deferred tax assets:    
Net operating loss carryforwards [1] $ 29,682,000 $ 30,022,000
Capitalized research and development costs 1,087,000 519,000
Research and development tax credits 3,442,000 3,442,000
Stock compensation 2,438,000 415,000
Gross deferred tax assets 36,649,000 34,398,000
Total deferred tax liabilities 0 0
Net deferred tax assets 36,649,000 34,398,000
Valuation allowance for deferred tax assets (36,649,000) (34,398,000)
Net deferred tax assets $ 0 $ 0
[1] Pursuant to Internal Revenue Code Section 382, use of our tax net operating loss carryforwards and research and development tax credit carryforwards may be limited. The amount of the annual limitation, if any, will be determined based on the value of the Company immediately prior to an ownership change. Subsequent ownership changes may further affect the limitation in future years. If and when the Company utilizes these tax attributes in a future period, it will perform an analysis to determine the effect, if any, of these loss limitation rules on the carryforward balances.