XML 45 R36.htm IDEA: XBRL DOCUMENT v3.3.1.900
STOCK OPTIONS (Details Narrative) - USD ($)
3 Months Ended 9 Months Ended
Nov. 30, 2015
Nov. 30, 2014
Nov. 30, 2015
Nov. 30, 2014
Share-based Compensation Arrangement by Share-based Payment Award, Percentage of Outstanding Stock Maximum     15.00%  
Stock based compensation expense     $ 724,526 $ 1,173,639
Allocated expense $ 204,494 $ 8,394 456,662 367,394
Unrecognized compensation expense, expected to vest $ 357,000   357,000  
Period for compensation expense recognition 1 year 7 months 6 days      
General and Administrative Expense [Member]        
Allocated expense $ 141,541 8,394 369,478 239,394
Research And Development Expense [Member]        
Allocated expense 62,953 $ 0 $ 87,184 $ 128,000
Scientific Clinic Board [Member]        
Shares cancelled     534  
Option 1 [Member]        
Stock options issued     6,667  
Stock option price per share     $ 11.25  
Stock option expiration date     Mar. 01, 2025  
Shares vested     3,334  
Stock based compensation expense     $ 14,918  
Option 2 [Member]        
Stock options issued     80,004  
Stock option price per share     $ 8.25  
Stock option expiration date     May 18, 2025  
Stock options fair value     $ 388,000  
Stock based compensation expense 58,428   $ 126,514  
Option 3 [Member]        
Stock options issued     5,001  
Stock option price per share     $ 8.25  
Stock option expiration date     Sep. 30, 2017  
Option 4 [Member]        
Stock options issued     60,000  
Stock option price per share     $ 8.25  
Stock option expiration date     Jun. 17, 2025  
Stock options fair value     $ 221,100  
Shares vested     10,000  
Stock based compensation expense     $ 34,100  
Option 5 [Member]        
Stock options issued     26,667  
Stock option price per share     $ 8.25  
Stock options fair value     $ 44,267  
Stock based compensation expense     $ 44,267  
Option 6 [Member]        
Stock options issued     10,000  
Stock option price per share     $ 8.25  
Stock option expiration date     Jun. 17, 2025  
Option 11 [Member]        
Stock options issued       40,000
Stock option price per share       $ 16.50
Stock options fair value       $ 368,002
Stock based compensation expense 16,030   $ 48,087 8,393
Option 7 [Member]        
Stock options fair value       $ 232,000
Shares vested       14,667
Stock based compensation expense       $ 232,000
Option 8 [Member]        
Stock options fair value       $ 127,000
Shares vested       6,000
Stock based compensation expense       $ 127,000
Option 9 [Member]        
Stock option price per share       $ 48.75
Shares cancelled       6,667
Performance Shares [Member]        
Stock options issued     43,333  
Unrecognized compensation expense, expected to vest 272,200   $ 272,200  
Milestone [Member] | Option 11 [Member]        
Stock based compensation expense $ 80,000