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Stock-based Compensation (Tables)
9 Months Ended
Dec. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Summary of Grant-date Fair Value of Stock Options Granted Assumptions
    Nine Months Ended  
    December 31  
    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 nine months ended December 31, 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 December 31, 2015     153,600     $ 6.52       6.61     $ -  
                                 
Vested at December 31, 2015     106,100     $ 6.48       5.93     $ -  
Exercisable at December 31, 2015     106,100     $ 6.48       5.93     $ -