STOCK BASED COMPENSATION - Stock Option Activity (Details) - USD ($)	12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2015
Intrinsic value of options exercised		$ 10,800
Fair value of shares vested	$ 439,835
Number Of Options
Outstanding at the beginning of the period (in shares)	2,398,500	1,190,500
Granted (in shares)	1,066,668	1,530,000
Exercised (in shares)		(135,000)
Expired (in shares)	(440,000)
Forfeited (in shares)	(22,500)	(187,000)
Outstanding at the end of the period (in shares)	3,002,668	2,398,500	1,190,500
Vested or expected to vest at the end of the period (in shares)	3,002,668
Exercisable and vested at the end of the period (in shares)	2,169,334
Weighted Average Exercise Price
Outstanding at the beginning of the period (in dollars per share)	$ 0.711	$ 1.049
Granted (in dollars per share)	0.516	0.110
Exercised (in dollars per share)		0.080
Expired (in dollars per share)	0.770
Forfeited (in dollars per share)	0.912	0.841
Outstanding at the end of the period (in dollars per share)	0.387	$ 0.711	$ 1.049
Vested or expected to vest at the end of the period (in dollars per share)	0.387
Exercisable and vested at the end of the period (in dollars per share)	$ 0.434
Aggregate Intrinsic Value
Outstanding at the beginning of the period	$ 183,900	$ 21,600
Granted (in values)	250,000
Outstanding at the end of the period	1,246,600	$ 183,900	$ 21,600
Vested or expected to vest at the end of the period	1,246,600
Exercisable and vested at the end of the period	$ 843,266
Weighted Average Remaining Contractual Life
Outstanding at the end of the period	5 years 8 months 19 days	7 years 10 months 24 days	5 years 2 months 5 days
Vested or expected to vest at the end of the period	5 years 8 months 19 days
Exercisable and vested at the end of the period	5 years 8 months 19 days