Quarterly report [Sections 13 or 15(d)]

Stock-Based Compensation (Tables)

v3.25.2
Stock-Based Compensation (Tables)
 3 Months Ended
Jun. 30, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of weighted-average assumptions of fair value of employee stock options
     
    Weighted -  
    Average  
    Assumptions  
Fair value of the Company’s common stock on date of grant   $ 2.85  
Expected term     5 years  
Risk-free interest rate     4.38%  
Dividend yield     0%  
Volatility     112.56%  
Fair value of options granted   $ 2.32  
Schedule of stock options award activity
           
    Number of
Shares		     Weighted-
Average
Exercise Price		  
Outstanding at April 1, 2025     73,081     $ 43.27  
Options granted     9,000       2.85  
Options exercised     (8,500 )     2.68  
Options forfeited     (1,074 )     79.15  
Options expired     –       –  
Outstanding at June 30, 2025     72,507     $ 42.47  
Exercisable at June 30, 2025     39,177     $ 73.86  
Schedule of restricted stock award activity
           
   

Number of

Shares

    

Weighted

Average Award

Date Fair Value

per Share

  
Unvested restricted stock awards outstanding at April 1, 2025     45,000     $ 2.68  
Restricted stock awards granted     60,500       2.85  
Restricted stock awards vested     –       –  
Unvested restricted stock awards outstanding at June 30, 2025     105,500     $ 2.78