v3.26.1
CAPITAL STOCK (Tables)
12 Months Ended
Mar. 31, 2026
Equity [Abstract]  
SCHEDULE OF OUTSTANDING AND EXERCISABLE STOCK PURCHASE WARRANTS

At March 31, 2026, outstanding and exercisable stock purchase warrants consisted of the following:

 

Number of
Shares

 

 

Weighted
Averaged
Exercise
Price

 

 

Weighted
Average Life
Remaining
(Years)

 

Outstanding at March 31, 2025

 

 

1,721,256

 

 

$

2.03

 

 

 

0.84

 

Granted

 

 

20,000,000

 

 

 

1.28

 

 

 

4.86

 

Exercised

 

 

 

 

 

 

 

 

 

Forfeited or cancelled

 

 

(1,621,256

)

 

 

2.15

 

 

 

 

Outstanding at March 31, 2026

 

 

20,100,000

 

 

$

1.28

 

 

 

4.35

 

Exercisable at March 31, 2026

 

 

7,100,000

 

 

$

1.78

 

 

 

4.12

 

SUMMARY OF STOCK OPTION ACTIVITY

The following is a summary of our stock option activity during the year ended March 31, 2026:

 

Number of Options

 

 

Weighted Average Exercise Price

 

 

Weighted Average Grant Date Fair Value

 

 

Weighted Average Remaining Life in Years

 

Outstanding, April 1, 2025

 

 

 

400,000

 

 

$

2.08

 

 

$

 

1.50

 

 

 

 

8.32

 

Granted

 

 

 

-

 

 

 

 

-

 

 

 

 

-

 

 

 

 

-

 

Exercised

 

 

 

-

 

 

 

 

-

 

 

 

 

-

 

 

 

 

-

 

Canceled/Forfeited

 

 

 

-

 

 

 

 

-

 

 

 

 

-

 

 

 

 

-

 

Outstanding, March 31, 2026

 

 

 

400,000

 

 

$

2.08

 

 

$

 

1.50

 

 

 

 

7.32

 

SUMMARY OF STOCK AWARD ACTIVITY

A summary of stock award activity for the year ended March 31, 2026 under the 2025 Plan is as follows:

 

 

Number of Shares

 

 

Weighted-Average Grant-Date Fair Value Per Share

 

Outstanding at April 1, 2025

 

 

-

 

 

$

 

-

 

Granted

 

 

995,000

 

 

 

 

1.54

 

Vested

 

 

(383,750

)

 

 

 

1.53

 

Forfeited

 

 

(56,250

)

 

 

 

1.53

 

Outstanding at March 31, 2026

 

 

555,000

 

 

$

 

1.54

 

A summary of stock award activity for the year ended March 31, 2026 under the 2017 Plan is as follows:

 

 

Number of Shares

 

 

Weighted-Average Grant-Date Fair Value Per Share

 

Outstanding at April 1, 2025

 

 

215,196

 

 

$

 

2.24

 

Granted

 

 

377,498

 

 

 

 

1.60

 

Vested

 

 

(426,027

)

 

 

 

1.73

 

Forfeited

 

 

(166,667

)

 

 

 

2.08

 

Outstanding at March 31, 2026

 

 

-

 

 

$

 

-