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STOCK BASED COMPENSATION (Details) (USD $)
12 Months Ended 0 Months Ended 12 Months Ended 0 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Mar. 31, 2012
Sep. 15, 2011
Aug. 05, 2010
Mar. 31, 2006
Dec. 05, 2012
Director
Jul. 02, 2012
Director
item
Mar. 31, 2014
Director
Jul. 02, 2012
Director
Awards vesting in six months
Jul. 02, 2012
Director
Awards vesting in eighteen months
Mar. 31, 2014
Director
Minimum
item
Jun. 13, 2013
Executive Chairman
Jun. 13, 2013
Executives
item
Jun. 13, 2013
Non-employee directors
item
Mar. 19, 2014
Chief financial officer
Apr. 26, 2012
Employee
Share based compensation                                  
Maximum number of shares authorized to be issued       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) 580,000 120,000         50,000 10,000 50,000       100,000 300,000 200,000   50,000
Annual grants (in shares)                 10,000                
Exercise price of shares granted (in dollars per share) $ 0.670 $ 0.820         $ 1.02 $ 0.61         $ 0.67 $ 0.67 $ 0.67   $ 0.70
Percentage of awards granted vesting immediately                         33.00%        
Vesting period               3 years             10 years 1 year 3 years
Awards granted (in shares)                               180,000  
Number of equal annual installments in which options will vest                           3 3    
Assumption used in valuation of stock options                                  
Yield term of U.S. Treasury issues on which risk free interest rate is based 5 years                                
Expected term 6 years                                
Volatility rate, minimum (as a percent) 100.70%                                
Volatility rate, maximum (as a percent) 116.20%                                
Risk free interest rate, minimum (as a percent) 0.061%                                
Risk free interest rate, maximum (as a percent) 1.75%                                
Additional general disclosure                                  
Common stock available for grant under plan (in shares) 1,547,006                                
Number Of Options                                  
Outstanding at the beginning of the period (in shares) 2,484,000 2,415,666                              
Granted (in shares) 580,000 120,000         50,000 10,000 50,000       100,000 300,000 200,000   50,000
Forfeited (in shares) (1,708,500) (51,666)                              
Outstanding at the end of the period (in shares) 1,355,500 2,484,000 2,415,666                            
Vested or expected to vest at the end of the period (in shares) 1,355,500                                
Exercisable at the end of the period (in shares) 734,167                                
Weighted Average Exercise Price                                  
Outstanding at the beginning of the period (in dollars per share) $ 1.027 $ 1.040                              
Granted (in dollars per share) $ 0.670 $ 0.820         $ 1.02 $ 0.61         $ 0.67 $ 0.67 $ 0.67   $ 0.70
Forfeited (in dollars per share) $ 0.952 $ 1.150                              
Outstanding at the end of the period (in dollars per share) $ 1.014 $ 1.027 $ 1.040                            
Vested or expected to vest at the end of the period (in dollars per share) $ 1.014                                
Exercisable at the end of the period (in dollars per share) $ 1.055                                
Aggregate Intrinsic Value                                  
Outstanding at the end of the period $ 329,025 $ 776,475 $ 107,375                            
Vested or expected to vest at the end of the period 329,025                                
Exercisable at the end of the period 189,525                                
Weighted Average Remaining Contractual Life                                  
Outstanding at the end of the period 7 years 3 months 25 days 9 years 25 days 7 years 8 months 16 days                            
Vested or expected to vest at the end of the period 7 years 3 months 25 days                                
Exercisable at the end of the period 5 years 11 months 23 days                                
Additional information on stock options                                  
Unrecognized compensation cost related to stock options 340,731                                
Period of recognition of unrecognized compensation expense 3 years                                
Fair value of shares vested $ 244,655                                
Stock options outstanding but not vested, Number of Options                                  
Outstanding at the beginning of the period (in shares) 854,334 1,489,000                              
Granted (in shares) 580,000 120,000         50,000 10,000 50,000       100,000 300,000 200,000   50,000
Vested (in shares) (205,334) (703,000)                              
Forfeited (in shares) (607,667) (51,666)                              
Outstanding at the end of the period (in shares) 621,333 854,334 1,489,000                            
Stock options outstanding but not vested, Weighted Average Exercise Price                                  
Outstanding at the beginning of the period (in dollars per share) $ 1.249 $ 1.205                              
Granted (in dollars per share) $ 0.670 $ 0.820         $ 1.02 $ 0.61         $ 0.67 $ 0.67 $ 0.67   $ 0.70
Vested (in dollars per share) $ 1.783 $ 1.090                              
Forfeited (in dollars per share) $ 1.191 $ 1.150                              
Outstanding at the end of the period (in dollars per share) $ 0.967 $ 1.249 $ 1.205                            
Percentage of granted awards vesting over the specified period                   50.00% 50.00%            
Number of directors to whom stock options granted               2                  
Number of awards which will vest immediately             30,000