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CONSOLIDATED BALANCE SHEETS - USD ($)
Jun. 30, 2016
Mar. 31, 2016
Current assets:    
Cash and cash equivalents $ 8,499,900 $ 428,500
Prepaid expenses and other current assets 134,700 426,800
Total current assets 8,634,600 855,300
Property and equipment, net 76,300 87,600
Security deposits and other assets 46,900 46,900
Total assets 8,757,800 989,800
Current liabilities:    
Accounts payable 930,100 936,000
Accrued expenses 564,800 814,000
Current portion of notes payable and accrued interest 105,900 43,600
Capital lease obligations 900 1,100
Total current liabilities 1,601,700 1,794,700
Non-current liabilities:    
Notes payable 0 27,200
Accrued dividends on Series B Preferred Stock 946,000 2,089,600
Deferred rent liability 47,600 55,500
Total non-current liabilities 993,600 2,172,300
Total liabilities 2,595,300 3,967,000
Commitments and contingencies
Stockholders' deficit:    
Common stock, $0.001 par value; 30,000,000 shares authorized at June 30, 2016 and March 31, 2016; 8,106,370 and 2,623,145 shares issued at June 30, 2016 and March 31, 2016, respectively 8,100 2,600
Additional paid-in capital 143,828,800 132,725,000
Treasury stock, at cost, 135,665 shares of common stock held at June 30, 2016 and March 31, 2016 (3,968,100) (3,968,100)
Accumulated deficit (133,710,300) (131,743,200)
Total stockholders' equity (deficit) 6,162,500 (2,977,200)
Total liabilities and stockholders' equity (deficit) 8,757,800 989,800
Series A Preferred Stock [Member]    
Stockholders' deficit:    
Preferred stock 500 500
Series B Preferred Stock [Member]    
Stockholders' deficit:    
Preferred stock 1,200 3,700
Series C Preferred Stock [Member]    
Stockholders' deficit:    
Preferred stock $ 2,300 $ 2,300