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CONSOLIDATED BALANCE SHEETS - USD ($)
Jun. 30, 2015
Mar. 31, 2015
Current assets:    
Cash and cash equivalents $ 121,000 $ 70,000
Prepaid expenses and other current assets 1,473,300 35,700
Total current assets 1,594,300 105,700
Property and equipment, net 102,600 117,100
Security deposits and other assets 46,900 46,900
Total assets 1,743,800 269,700
Current liabilities:    
Accounts payable 1,549,800 2,251,100
Accrued expenses $ 1,382,200 1,206,500
Current maturities of senior secured convertible promissory notes and accrued interest   4,146,100
Current portion of notes payable, net of discount of $0 at June 30, 2015 and $474,500 at March 31, 2015, and accrued interest $ 345,700 4,117,000
Current portion of notes payable to related parties, net of discount of $0 at June 30, 2015 and $54,500 at March 31, 2015, and accrued interest   1,508,800
Convertible promissory notes and accrued interest, net of discount of $0 at June 30, 2015 and $180,000 at March 31, 2015, respectively   4,157,600
Capital lease obligations $ 1,000 1,000
Total current liabilities $ 3,278,700 17,388,100
Non-current liabilities:    
Senior secured convertible promissory notes and accrued interest   296,200
Notes payable $ 1,038,500 35,600
Warrant liability   $ 3,008,500
Accrued dividends on Series B Preferred Stock $ 213,300  
Deferred rent liability 78,300 $ 83,000
Capital lease obligations 900 1,100
Total non-current liabilities 1,331,000 3,424,400
Total liabilities $ 4,609,700 $ 20,812,500
Commitments and contingencies    
Stockholders' deficit:    
Preferred stock, $0.001 par value; 10,000,000 shares authorized at June 30, 2015 and March 31, 2015: Series A Preferred, 500,000 shares authorized and outstanding at June 30, 2015 and March 31, 2015,respectively $ 500 $ 500
Series B Preferred, 4,000,000 shares and no shares authorized at June 30, 2015 and March 31, 2015, respectively; 2,995,579 shares issued and outstanding at June 30, 2015 3,000  
Common stock, $0.001 par value; 10,000,000 shares authorized at June 30, 2015 and March 31, 2015, respectively; 1,730,126 shares and 1,677,110 shares issued at June 30, 2015 and March 31, 2015, respectively 1,700 $ 1,700
Additional paid-in capital 115,143,800 67,945,800
Treasury stock, at cost, 135,665 shares of common stock held at June 30, 2015 and March 31, 2015, respectively (3,968,100) (3,968,100)
Accumulated deficit (114,046,800) (20,542,800)
Total stockholders' deficit (2,865,900) (20,542,800)
Total liabilities and stockholders' deficit $ 1,743,800 $ 269,700