XML 74 R5.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (USD $)
Total
Preferred Stock
Warrants Outstanding
Common Stock
Additional Paid in Capital
Accumulated Other Comprehensive Income (Loss)
Retained Earnings (accumulated deficit)
Balance at Mar. 31, 2012 $ 12,170,324 $ 1,637,857 $ 100,000 $ 1,799 $ 4,412,075 $ (223,584) $ 6,342,177
Balance (in shares) at Mar. 31, 2012   7,035,982   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, ($0) and ($4,672) for the year 2014, 2013, 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      
Increase (Decrease) in Stockholders' Equity              
Share based compensation 362,962       362,962    
Conversion of preferred stock   (666,096)   399 665,697    
Conversion of preferred stock (in shares)   (3,055,490)   3,994,133      
Net loss (7,095,391)           (7,095,391)
Other comprehensive loss, net of tax benefit, ($0) and ($4,672) for the year 2014, 2013, respectively 166,321         166,321  
Balance at Mar. 31, 2014 $ 3,531,468 $ 644,110   $ 2,395 $ 6,105,211 $ (55,097) $ (3,165,151)
Balance (in shares) at Mar. 31, 2014   2,477,508   23,951,004