XML 33 R20.htm IDEA: XBRL DOCUMENT v3.5.0.1
Income Taxes (Tables)
12 Months Ended
Mar. 31, 2016
Income Tax Disclosure [Abstract]  
Schedule of income tax provision (benefit) for income taxes
Years Ended March 31, 2016   March 31, 2015
Current:      
Federal $      ––   $      ––
State ––   ––
Total current ––   ––
Deferred:      
Federal (291,000)   (461,000)
State (30,000)   (48,000)
Total deferred (321,000)   (509,000)
Valuation allowance 321,000   509,000
Total $            ––   $            ––
Schedule of accounting for the difference between income taxes computed at the federal statutory rate and the provision for income taxes
Years Ended March 31, 2016   March 31, 2015
Federal statutory rate $(299,000)   $(470,000)
Effect of:      
State taxes, net of federal tax benefit (31,000)   (48,000)
Other 15,000   12,000
Valuation allowance 315,000   506,000
Total $         ––   $         ––
Schedule of components of the deferred tax asset
Years Ended March 31, 2016   March 31, 2015
Credits and net operating loss   carryforwards $4,190,000   $3,936,000
Other 225,000   158,000
Gross deferred tax assets 4,415,000   4,094,000
Valuation allowance (4,415,000)   (4,094,000)
Total deferred tax assets $           ––   $           ––