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STOCK BASED COMPENSATION (Details) (USD $)
12 Months Ended 0 Months Ended 12 Months Ended 0 Months Ended 0 Months Ended 1 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Mar. 31, 2011
Sep. 15, 2011
Aug. 05, 2010
Mar. 31, 2006
Dec. 05, 2012
Director
Jul. 02, 2012
Director
item
Jul. 02, 2011
Director
item
Mar. 31, 2013
Director
Jul. 02, 2012
Director
Awards vesting in six months
Jul. 02, 2011
Director
Awards vesting in six months
Jul. 02, 2012
Director
Awards vesting in eighteen months
Jul. 02, 2011
Director
Awards vesting in eighteen months
Mar. 31, 2013
Director
Minimum
item
Apr. 19, 2011
Chief executive officer
Apr. 19, 2011
Chief financial officer
Aug. 29, 2011
Employee
Jul. 21, 2011
Employee
Apr. 19, 2011
Employee
Apr. 30, 2012
Employee
Share based compensation                                          
Maximum number of shares authorized       3,300,000 3,000,000 1,000,000                              
Number of directors on a committee to administer the plan                             2            
Terms of options                   5 years                      
Options granted (in shares) 120,000 647,000         50,000 10,000 10,000 50,000           250,000 100,000 30,000 20,000 227,000 50,000
Annual grants (in shares)                   10,000                      
Exercise price of shares granted (in dollars per share) $ 0.820 $ 1.916         $ 1.02 $ 0.61 $ 1.62             $ 1.96 $ 1.96 $ 1.45 $ 1.65 $ 1.96 $ 0.70
Vesting period                     6 months 6 months 18 months 18 months   3 years 3 years 3 years   3 years 3 years
Percentage of granted awards vesting over the specified period                     50.00% 50.00% 50.00% 50.00%              
Number of directors to whom stock options granted               2 2                        
Number of awards which will vest immediately             30,000                            
Assumption used in valuation of stock options                                          
Yield term of U.S. Treasury issues on which risk free interest rate is based 5 years                                        
Volatility rate, minimum (as a percent) 103.50%                                        
Volatility rate, maximum (as a percent) 106.10%                                        
Risk free interest rate, minimum (as a percent) 0.061%                                        
Risk free interest rate, maximum (as a percent) 0.083%                                        
Expected term 6 years                                        
Additional general disclosure                                          
Common stock available for grant under plan (in shares) 418,506                                        
Number Of Options                                          
Outstanding at the beginning of the period (in shares) 2,415,666 2,046,661                                      
Granted (in shares) 120,000 647,000         50,000 10,000 10,000 50,000           250,000 100,000 30,000 20,000 227,000 50,000
Forfeited (in shares) (51,666) (73,000)                                      
Exercised (in shares)   (160,130)                                      
Outstanding at the end of the period (in shares) 2,484,000 2,415,666 2,046,661                                    
Vested or expected to vest at the end of the period (in shares) 1,984,000                                        
Exercisable at the end of the period (in shares) 1,629,666                                        
Weighted Average Exercise Price                                          
Outstanding at the beginning of the period (in dollars per share) $ 1.040 $ 0.738                                      
Granted (in dollars per share) $ 0.820 $ 1.916         $ 1.02 $ 0.61 $ 1.62             $ 1.96 $ 1.96 $ 1.45 $ 1.65 $ 1.96 $ 0.70
Forfeited (in dollars per share) $ 1.150 $ 1.662                                      
Exercised (in dollars per share)   $ 0.385                                      
Outstanding at the end of the period (in dollars per share) $ 1.027 $ 1.040 $ 0.738                                    
Vested or expected to vest at the end of the period (in dollars per share) $ 1.003                                        
Exercisable at the end of the period (in dollars per share) $ 0.910                                        
Aggregate Intrinsic Value                                          
Outstanding at the end of the period (in dollars) $ 776,475 $ 107,375 $ 1,969,075                                    
Vested or expected to vest at the end of the period 626,375                                        
Exercisable at the end of the period (in dollars) 573,475                                        
Weighted Average Remaining Contractual Life                                          
Outstanding at the end of the period 9 years 25 days 7 years 8 months 16 days 7 years 18 days                                    
Vested or expected to vest at the end of the period 6 years 8 months 5 days                                        
Exercisable at the end of the period 4 years 10 months 28 days                                        
Additional information on stock options                                          
Unrecognized compensation cost related to stock options (in dollars) 233,005                                        
Period of recognition of unrecognized compensation expense 3 years                                        
Fair value of shares vested (in dollars) $ 768,063                                        
Stock options outstanding but not vested, Number of Options                                          
Outstanding at the beginning of the period (in shares) 1,489,000 1,440,000                                      
Granted (in shares) 120,000 647,000         50,000 10,000 10,000 50,000           250,000 100,000 30,000 20,000 227,000 50,000
Forfeited (in shares) (51,666) (83,000)                                      
Vested (in shares) (703,000) (515,000)                                      
Outstanding at the end of the period (in shares) 854,334 1,489,000 1,440,000                                    
Stock options outstanding but not vested, Weighted Average Exercise Price                                          
Outstanding at the beginning of the period (in dollars per share) $ 1.205 $ 0.783                                      
Granted (in dollars per share) $ 0.820 $ 1.916         $ 1.02 $ 0.61 $ 1.62             $ 1.96 $ 1.96 $ 1.45 $ 1.65 $ 1.96 $ 0.70
Forfeited (in dollars per share) $ 1.150 $ 1.960                                      
Vested (in dollars per share) $ 1.090 $ 0.798                                      
Outstanding at the end of the period (in dollars per share) $ 1.249 $ 1.205 $ 0.783