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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)
3 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Cash flows from operating activities:    
Net loss $ (2,190,332) $ (1,609,292)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 72,584 87,013
Loss (gain) loss on disposal of equipment 1,249 (5,881)
Amortization of premium on marketable securities 343 3,342
Share-based compensation expense 323,304 16,044
Deferred income tax expense 2,205 2,178
Deferred rent 22,744 (9,263)
Changes in operating assets and liabilities:    
Accounts receivable, net 263,078 60,458
Inventories (92,649) 39,773
Other current assets (30,323) 23,110
Accounts payable 49,797 264,500
Accrued compensation 94,249 19,415
Accrued liabilities (65,795) 383,436
Accrued pension liability 44,081 40,073
Net cash used in operating activities (1,505,465) (685,094)
Cash flows from investing activities:    
Proceeds from maturity of available-for-sale investments 3,050,000 1,000,000
Proceeds from maturity of held-to-maturity investments 0 820,000
Purchases of property, plant and equipment (52,739) (189,789)
Proceeds from sale of property, plant and equipment 0 6,080
Net cash provided by investing activities 2,997,261 1,636,291
Cash flows from financing activities:    
Proceeds from exercise of options 48,600 0
Net cash provided by financing activities 48,600 0
Effect of exchange rate changes on cash and cash equivalents (315) 9,312
Net increase in cash and cash equivalents 1,540,081 960,509
Cash and cash equivalents at beginning of period 8,681,609 3,533,864
Cash and cash equivalents at end of period 10,221,690 4,494,373
Cash paid during the period for income taxes $ 38,700 $ 17,770