Stockholders' Equity (Tables)

9 Months Ended

Dec. 31, 2015

Stockholders' Equity [Abstract]

Changes In Components Of Stockholders' Equity

	Numberof
	common				Additional				Total
	shares		Common		paid-in		Accumulated		stockholders’
	issued		stock		capital		deficit		equity
Balances at April 1, 2015		39,999,984	$	400,000	$	121,866,061	$	(99,937,075)	$	22,328,986
Issuance of common stock under employee stock purchase plan		34,508		345		22,780		-		23,125
Issuance of common stock under stock bonus plan		19,478		195		(195)		-		-
Retirement of vested shares		(1,368)		(14)		(1,394)		-		(1,408)
Compensation expense from employee and director stock option and common stock grants		-		-		139,288		-		139,288
Net loss		-		-		-		(2,224,251)		(2,224,251)
Balances at June 30, 2015		40,052,602	$	400,526	$	122,026,540	$	(102,161,326)	$	20,265,740
Issuance of common stock under stock bonus plan		357,569		3,576		12,000		-		15,576
Retirement of vested shares		(108,309)		(1,083)		(90,100)		-		(91,183)
Compensation expense from employee and director stock option and common stock grants		-		-		334,093		-		334,093
Net loss		-		-		-		(2,409,047)		(2,409,047)
Balances at September 30, 2015		40,301,862	$	403,019	$	122,282,533	$	(104,570,373)	$	18,115,179
Issuance of common stock under direct offering		8,000,000		80,000		5,763,463		-		5,843,463
Issuance of common stock under employee stock purchase plan		5,163		51		3,408		-		3,459
Compensation expense from employee and director stock option and common stock grants		-		-		57,331		-		57,331
Net loss		-		-		-		(1,374,134)		(1,374,134)
Balances at December 31, 2015		48,307,025	$	483,070	$	128,106,735	$	(105,944,507)	$	22,645,298