v3.26.1
STOCKHOLDERS’ EQUITY (Tables)
3 Months Ended
Jun. 30, 2026
Equity [Abstract]  
SCHEDULE OF STOCK OPTION ACTIVITY

Stock option activity for the three months ended June 30, 2026 is as follows:

 

   Options
Outstanding
   Weighted-
Average
Exercise
Price Per
Share
  

Weighted-

Average

Remaining

Contractual

Life

 

Aggregate

Intrinsic

Value (1)

 
Balance at March 31, 2026   35,954   $1.06   0.75 years  $            - 
Granted   -    -         
Cancelled   -    -         
Balance at June 30, 2026   35,954   $1.06   0.75 years  $- 
                   
Options exercisable at June 30, 2026   35,954   $1.06   0.75 years  $- 

 

(1) The aggregate intrinsic value is calculated as the difference between the exercise price of the underlying awards and the closing stock price of $0.84 for the Company’s common stock on June 30, 2026 and the closing stock price of $0.70 for the Company’s common stock on March 31, 2026.
SCHEDULE OF WARRANT'S USING BLACK-SCHOLES VALUATION

These fair value of the warrants issued was estimated using the Black-Scholes valuation model with the following assumptions:

 

   

Three Months

Ended

    Year Ended  
    June 30, 2026     March 31, 2026  
Stock price on valuation date   $ 0.74     $ 0.70 - $1.15  
Exercise price   $ 0.75     $ 0.75 - $1.10  
Term (years)     3.0       2.0 3.0  
Volatility     105.7 %     106.1 119.3 %
Risk-free rate     4.14 %     3.72% – 3.81 %
SCHEDULE OF WARRANT ACTIVITY

A summary of warrant activity for three months ended June 30, 2026 is as follows:

 

   Number of

Warrants
   Weighted-
Average
Exercise
Price
   Weighted
Average
Remaining
Contractual
Term
(in years)
   Weighted-
Average
Exercisable
Price
 
                 
Outstanding, March 31, 2026   15,999,081   $2.26    1.58   $2.26 
Granted and issued   75,000    0.75    3.00    0.75 
Exercised   -    -    -    - 
Expired   -    -    -    - 
Outstanding, June 30, 2026   16,074,081   $2.25    1.49   $2.25