|9 Months Ended|
Dec. 31, 2020
|Share-based Payment Arrangement [Abstract]|
The following table summarizes the continuity of stock options:
Additional information regarding stock options outstanding at December 31, 2020 is as follows:
The estimated fair value of the stock options was being recorded over the requisite service period to vesting. For the three and nine months ended December 31, 2020, the fair value of $nil (December 31, 2019 - $30,421) and $60,822 (December 31, 2019 - $80,596) was recorded as stock-based compensation.
The fair values were estimated using the Black-Scholes option pricing model assuming no expected dividends or forfeitures and the following weighted average assumptions:
The entire disclosure for share-based payment arrangement.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef