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Stock Option Plans and 401(k) Plan (Details) - USD ($)
12 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Total stock-based compensation expense $ 2,460,100 $ 1,137,300
Research and Development Expense [Member]    
Stock option grants 176,200 $ 296,900
Fully-vested warrants granted to officer and consultants 527,500  
Warrants granted to officer 145,100 $ 156,500
Total research and development expense related to stock-based compensation expense 848,800 453,400
General and Administrative Expense [Member]    
Stock option grants 98,800 $ 385,100
Fully-vested warrants granted to officer and consultants 1,229,400  
Warrants granted to officer 283,100 $ 298,800
Total research and development expense related to stock-based compensation expense $ 1,611,300 $ 683,900