Summary of Significant Accounting Policies (Tables)

9 Months Ended

12 Months Ended

Dec. 31, 2014

Mar. 31, 2014

Summary of Significant Accounting Policies [Abstract]

The following shows the amounts used in computing net loss per share for the nine months ended December 31, 2014 and 2013:

	Nine Months Ended December 31,
	2014		2013
Net loss	$	(5,089,781)	$	(18,123,516)
Less:
Preferred stock beneficial conversion charge		(2,961,723)		—
Undeclared cumulative preferred dividends		(194,901)		—
Net loss attributable to common stockholders	$	(8,246,405)	$	(18,123,516)
Weighted average shares issued and outstanding		60,032,189		45,342,320
Basic and diluted net loss per share attributable to common stockholders	$	(0.14)	$	(0.40)

The following shows the amounts used in computing net loss per share for the three months ended December 31, 2014 and 2013:

	Three Months Ended December 31,
	2014		2013
Net loss	$	(1,407,758)	$	(1,840,331)
Less:
Preferred stock beneficial conversion charge		(492,910)		—
Undeclared cumulative preferred dividends		(95,304)		—
Net loss attributable to common stockholders	$	(1,995,972)	$	(1,840,331)
Weighted average shares issued and outstanding		60,057,846		58,995,821
Basic and diluted net loss per share attributable to common stockholders	$	(0.03)	$	(0.03)

The following shows the amounts used in computing net loss per share for each of the two years in the period ended March 31, 2014:

	Years Ended March 31,
	2014		2013
Net loss	$	(19,565,426)	$	(6,382,433)
Less:
Preferred dividends paid in cash or stock		—		—
Loss attributable to Cryoport stockholders	$	(19,565,426)	$	(6,382,433)
Weighted average shares issued and outstanding		48,850,513		37,760,628
Basic and diluted net loss per share	$	(0.40)	$	(0.17)

Schedule of Antidilutive Securities Excluded from Computation of 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 have been anti-dilutive:

	Nine Months Ended December 31,
	2014		2013
Class A convertible preferred stock		13,286,640		—
Stock options		4,680,124		9,908,272
Warrants		4,750,277		24,144,727
		22,717,041		34,052,999

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

	Years Ended March 31,
	2014		2013
Stock options		3,458,313		411,762
Warrants		3,221,728		—
		6,680,041		411,762

Schedule of Liabilities Measured at Fair Value on Recurring Basis

The carrying values of our assets and liabilities that are required to be measured at fair value on a recurring basis as of March 31, 2014 and 2013 are classified in the table below in one of the three categories of the fair value hierarchy described below:

	Fair Value Measurements
	Level 1		Level 2		Level 3		Total
March 31, 2013
Liabilities:
Derivative liabilities	$	—	$	—	$	20,848	$	20,848

Schedule of Level 3 Inputs Measured on Recurring Basis

The following summarizes the activity of Level 3 inputs measured on a recurring basis for the years ended March 31, 2014 and 2013:

	Fair Value Measurements of Unobservable Inputs (Level 3)

Balance at March 31, 2012	$	37,334
Transfers in / (out) of Level 3		—
Adjustments resulting from a change in fair value of derivative liabilities		(16,486)
Balance at March 31, 2013		20,848
Transfers in / (out) of Level 3		—
Adjustments resulting from a change in fair value of derivative liabilities		(20,848)
Balance at March 31, 2014	$	—

- Definition

Tabular disclosure of liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). Where the quoted price in an active market for the identical liability is not available, the Level 1 input is the quoted price of an identical liability when traded as an asset.

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- Definition

Tabular disclosure of the fair value measurement of liabilities using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets), and gains or losses recognized in other comprehensive income (loss) and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs) by class of liability.

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