Summary of Significant Accounting Policies (Tables)

12 Months Ended

Mar. 31, 2015

Accounting Policies [Abstract]

Schedule of Revenue by Major Customers by Reporting Segments

The Company had major payors that contributed the following percentage of net revenue:

	Year Ended March 31, 2015			Two Months Ended March 31, 2014			Year Ended January 31, 2014
Medicare/Medi-Cal		34.8	%		14.3	%		17.8	%
L.A Care		13.2	%		12.1	%		*
Healthnet		12.3	%		*			*
Hollywood Presbyterian		*			11.8	%		15.9	%
California Hospital		*			11.6	%		13.9	%

Receivables from one of these payors amounted to the following percentage of total accounts receivable:

	March 31, 2015			March 31, 2014			January 31, 2014
Medicare/Medi-Cal		22.1	%		21.7	%		31.5	%

*   Represents less than 10%

Property, Plant and Equipment

Machinery and equipment are depreciated over 5 years. Property and equipment consisted of the following:

	March 31, 2015		March 31, 2014		January 31, 2014
Website	$	4,568	$	4,568	$	4,568
Computers		125,478		40,397		31,010
Software		165,439		165,439		165,439
Machinery and equipment		355,988		143,920		143,920
Furniture and fixtures		88,939		37,394		43,366
Leasehold improvements		402,035		56,144		49,780
		1,142,447		447,862		438,083
Less accumulated depreciation and amortization		(559,977)		(352,914)		(352,398)
	$	582,470	$	94,948	$	85,685

Schedule of Medical Payables

The Company’s medical liabilities was as follows:

 

	Year Ended March 31, 2015		Two Months Ended March 31, 2014		Year Ended January 31, 2014
Balance, beginning of period	$	552,561	$	285,625	$	-
Incurred health care costs:
Current year		4,211,231		167,000		288,601
Acquired medical liabilities (see Note 4 )		458,378		-		-
Claims paid:
Current year		(3,245,283)		-		(2,976)
Prior years		(90,367)		-		-
Total claims paid		(3,335,650)		-		(2,976)
Risk pool settlement		(384,869)		-		-
Accrual for net deficit from full risk capitation contracts		544,041		99,936		-
Adjustments		(785,143)		-		-
Balance, end of period	$	1,260,549	$	552,561	$	285,625

Fair Value Measurements, Recurring and Nonrecurring

The carrying amounts and fair values of the Company's financial instruments are presented below as of:

March 31, 2015

	Fair Value Measurements
	Level 1		Level 2		Level 3		Total
Liabilities:
Warrant liability	$	-	$	-	$	2,144,496	$	2,144,496
Conversion feature liability		-		-		442,358		442,358
	$	-	$	-	$	2,586,854	$	2,586,854

March 31, 2014

	Fair Value Measurements
	Level 1		Level 2		Level 3		Total
Liabilities:
Warrant liability	$	-	$	-	$	2,354,624	$	2,354,624

Fair Value Liabilities Measured On Recurring Basis Unobservable Input Reconciliation

The following summarizes the activity of Level 3 inputs measured on a recurring basis for the year ended March 31, 2015 and for the two months ended March 31, 2014: 

	Warrant Liability		Conversion Feature Liability		Total
Balance at February 1, 2014	$	-	$	-	$	-
Liability incurred (Note 7)		2,354,624		-		2,354,624
Balance at March 31, 2014	$	2,354,624		-		2,354,624
Liability incurred (Note 7)		487,620		578,155		1,065,775
Gain on change in fair value of warrant and conversion feature liability		(697,748)		(135,797)		(833,545)
Balance at March 31, 2015	$	2,144,496	$	442,358	$	2,586,854

Basic and Diluted Earnings per Share

The following table sets forth the number of shares excluded from the computation of diluted earnings per share, as their inclusion would be anti-dilutive:

	Year Ended March 31, 2015		Two Months Ended March 31, 2014		Year Ended January 31, 2014
Options		412,387		434,430		514,651
Warrants		119,430		143,550		156,202
Convertible Notes		50,431		-		-
		582,248		577,980		670,853