XML 53 R42.htm IDEA: XBRL DOCUMENT v3.6.0.2
STOCK BASED COMPENSATION - 2016 Equity Incentive Plan (Details) - USD ($)
3 Months Ended 9 Months Ended
Dec. 27, 2016
Dec. 31, 2016
Dec. 31, 2016
Dec. 08, 2016
Share based compensation        
Unrecognized compensation cost   $ 179,004 $ 179,004  
Assumption used in valuation of stock options        
Average dividend yield     $ 0  
Yield term of U.S. Treasury issues on which risk free interest rate is based     5 years  
Volatility rate (as a percent)     123.80%  
Risk free interest rate (as a percent)     2.07%  
Expected term     6 years  
2016 Plan        
Share based compensation        
Shares reserved       5,000,000
Shares available for grant   2,041,500 2,041,500  
2016 Plan | Maximum        
Share based compensation        
Shares available for grant       5,000,000
2006 Plan        
Share based compensation        
Shares underlying awards outstanding       1,958,500
Chief Executive Officer | 2016 Plan        
Share based compensation        
Options exercisable, number of shares 1,000,000      
Exercise price (in dollars per share) $ 0.50      
Remaining weighted average contract life 9 years      
Fair value of options   $ 418,995 $ 418,995  
Stock based compensation expense   279,470    
Unrecognized compensation cost   $ 139,525 $ 139,525  
Chief Executive Officer | 2016 Plan | Awards vesting immediately        
Share based compensation        
Options exercisable, number of shares 666,667      
Chief Executive Officer | 2016 Plan | Awards expected to vest on December 27,2017        
Share based compensation        
Options exercisable, number of shares 333,333