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Consolidated Balance Sheets (Current Period Unaudited) (USD $)
Dec. 31, 2013
Mar. 31, 2013
ASSETS    
Cash $ 202,136 $ 6,340,609
Student receivables 350,939 189,447
Inventory 81,524 0
Prepaid expenses 25,890 72,654
TOTAL CURRENT ASSETS 660,489 6,602,710
PROPERTY AND EQUIPMENT, NET 2,051,919 2,380,552
Deposits 189,676 189,676
Other 28,854 37,809
2,930,938 9,210,747
LIABILITIES AND STOCKHOLDERS' EQUITY    
Line of credit 0 2,000,000
Accounts payable 604,644 630,783
Accrued expenses 74,897 204,147
Student credit balances 43,188 79,920
Due to affiliates 220,693 674,465
TOTAL CURRENT LIABILITIES 943,422 3,589,315
DEFERRED RENT 707,641 723,318
STOCKHOLDERS' EQUITY    
Preferred stock Series B, par value $.01 per share, authorized 5,000,000 shares, 5,000,000 shares issued and outstanding 50,000 50,000
Common stock, par value $.01 per share, authorized 100,000,000 shares, 13,508,252 issued and outstanding 135,082 135,082
Additional paid-in capital 10,945,104 10,945,104
Accumulated deficit (9,850,311) (6,232,072)
TOTAL STOCKHOLDERS' EQUITY 1,279,875 4,898,114
$ 2,930,938 $ 9,210,747