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FINANCIAL INSTRUMENTS (Tables)
12 Months Ended
Mar. 31, 2015
Fair Value Disclosures [Abstract]  
Fair Value, by Balance Sheet Grouping [Table Text Block]
The carrying values and fair values of our financial instruments are as follows:
 
 
 
 
 
 
March 31, 2015
 
March 31, 2014
 
 
 
 
 
 
Carrying
 
Fair
 
Carrying
 
Fair
 
 
 
Level
 
value
 
Value
 
value
 
value
 
Cash
 
 
1
 
$
399,149
 
$
399,149
 
$
775,286
 
$
775,286
 
Accounts receivable
 
 
2
 
$
847,144
 
$
847,144
 
$
787,578
 
$
787,578
 
Long Term investment and advance - GlamSmile Dental Technology Asia
 
 
2
 
$
1,366,813
 
$
1,366,813
 
$
1,260,150
 
$
1,260,150
 
Long term investments and advances MFI
 
 
1
 
$
828,828
 
$
828,828
 
$
958,652
 
$
958,652
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Line of credit
 
 
2
 
$
—
 
$
—
 
$
273,200
 
$
273,200
 
Short term debt
 
 
2
 
$
2,172,467
 
$
2,172,467
 
$
2,257,403
 
$
2,257,403
 
Deferred revenue
 
 
2
 
$
87,747
 
$
87,747
 
$
124,251
 
$
124,251
 
Accounts payable
 
 
2
 
$
846,773
 
$
846,773
 
$
598,558
 
$
598,558
 
Accrued liabilities
 
 
2
 
$
334,748
 
$
334,748
 
$
450,303
 
$
450,303
 
Redeemable Noncontrolling Interest [Table Text Block]
The following table provides a reconciliation of the beginning and ending balances of the item measured at fair value on a recurring basis in the table above that used significant unobservable inputs (Level 3):
 
 
 
Year ended March 31,
2015
 
Year ended March 31,
2014
 
Long term investments and advances:
 
 
 
 
 
 
 
Beginning balance
 
$
1,260,150
 
$
2,441,572
 
Gains (losses) included in net loss
 
 
106,663
 
 
(1,338,042)
 
Transfers in (out of level 3)
 
 
—
 
 
156,620
 
 
 
 
 
 
 
 
 
Ending balance
 
$
1,366,813
 
$
1,260,150