Stock-based Compensation (Tables)

6 Months Ended

Sep. 30, 2015

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Summary of Grant-date Fair Value of Stock Options Granted Assumptions

	Six Months Ended
	September 30
	2015		2014
Grant-date fair value		-	$	5.59
Volatility factor		-		76.23	%
Dividend yield		-		-
Risk-free interest rate		-		2.52	%
Expected term (in years)		-		10

Summary of Activity of Stock Options

The following table is a summary of activity of stock options for the six months ended September 30, 2015:

	Number of Shares		Weighted Average Exercise Price		Weighted Average Remaining Contract Life in Years		Aggregate Intrinsic Value
Outstanding at April 1, 2015		153,600	$	6.52		7.36	$	-
Granted		-		-
Exercised		-		-
Forfeited or Expired		-		-
Outstanding at September 30, 2015		153,600	$	6.52		6.86	$	-
Vested at September 30, 2015		86,100	$	6.38		5.88	$	-
Exercisable at September 30, 2015		86,100	$	6.38		5.88	$	-