Note 2 - Basic and Diluted Net Loss per Common Share

3 Months Ended

Jun. 30, 2014

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

Note 2.   Basic and Diluted Net Loss per Common Share

Basic net loss per common share is calculated by dividing the net loss by the weighted average number of common shares outstanding. For all periods presented, the diluted net loss per common share is the same as basic net loss per common share, as the inclusion of other shares of stock issuable pursuant to convertible debt, stock options and warrants would be anti-dilutive. The following table summarizes equity securities that were excluded from the calculation of fully diluted net loss per share as of June 30, 2014 and 2013, respectively:

	June 30,
	2014		2013
Convertible debt		21,500,150		15,833,333
Stock options		4,346,369		6,076,858
Warrants		1,880,620		1,880,620
Restricted stock		1,236,647		78,028
Total anti-dilutive securities		28,963,786		23,868,839