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CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (USD $)
Total
USD ($)
Preferred Stock
USD ($)
Warrants Outstanding
Common Stock
USD ($)
Additional Paid in Capital
USD ($)
Accumulated Other Comprehensive Income (Loss)
USD ($)
Retained Earnings
USD ($)
Balance at Mar. 31, 2011 $ 13,859,278 $ 2,039,631   $ 1,543 $ 3,346,916 $ 5,905 $ 8,465,283
Balance (in shares) at Mar. 31, 2011   8,878,982 100,000 15,422,888      
Increase (Decrease) in Stockholders' Equity              
Share based compensation 622,245       622,245    
Stock options exercised 41,396     16 41,380    
Stock options exercised (in shares) 160,130     160,130      
Conversion of preferred stock   (401,774)   240 401,534    
Conversion of preferred stock (in shares)   (1,843,000)   2,409,159      
Net Loss (2,123,106)           (2,123,106)
Other comprehensive loss, net of tax benefit, ($4,672) and ($148,120) for the year 2013, 2012, respectively (229,489)         (229,489)  
Balance at Mar. 31, 2012 12,170,324 1,637,857   1,799 4,412,075 (223,584) 6,342,177
Balance (in shares) at Mar. 31, 2012   7,035,982 100,000 17,992,177      
Increase (Decrease) in Stockholders' Equity              
Warrants expired (in shares)     (100,000)        
Share based compensation 337,023       337,023    
Conversion of preferred stock   (327,651)   197 327,454    
Conversion of preferred stock (in shares)   (1,502,984)   1,964,694      
Net Loss (2,411,937)           (2,411,937)
Other comprehensive loss, net of tax benefit, ($4,672) and ($148,120) for the year 2013, 2012, respectively 2,166         2,166  
Balance at Mar. 31, 2013 $ 10,097,576 $ 1,310,206   $ 1,996 $ 5,076,552 $ (221,418) $ 3,930,240
Balance (in shares) at Mar. 31, 2013   5,532,998   19,956,871