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Stockholders' Equity (Tables)
3 Months Ended
Jun. 30, 2014
Stockholders' Equity Note [Abstract]  
Schedule Of Share-Based Compensation, Warrant, Activity [Table Text Block]
A summary of the warrant activity during the three months ended June 30, 2014 is presented below:
 
 
 
 
 
 
 
 
 
Weighted
 
 
 
 
 
 
 
 
 
Weighted
 
Average
 
 
 
 
 
 
 
 
 
Average
 
Remaining
 
 
 
 
 
 
Number of
 
Exercise
 
Life
 
Intrinsic
 
 
 
Warrants
 
Price
 
In Years
 
Value
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Outstanding, March 31, 2014
 
 
3,140,250
 
$
7.30
 
 
 
 
 
 
 
Granted
 
 
5,400
 
 
9.06
 
 
 
 
 
 
 
Exercised
 
 
-
 
 
-
 
 
 
 
 
 
 
Forfeited
 
 
-
 
 
-
 
 
 
 
 
 
 
Outstanding, June 30, 2014
 
 
3,145,650
 
$
7.31
 
 
1.8
 
$
-
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Exercisable, June 30, 2014
 
 
3,047,500
 
$
7.25
 
 
1.7
 
$
-
 
Schedule Of Share Based Compensation, Warrants, By Exercise Price Range [Table Text Block]
The following table presents information related to stock warrants at June 30, 2014:
 
Warrants Outstanding
 
Warrants Exercisable
 
 
 
 
 
 
 
Weighted
 
 
 
 
 
 
 
Outstanding
 
Average
 
Exercisable
 
Exercise
 
Number of
 
Remaining Life
 
Number of
 
Price
 
Warrants
 
In Years
 
Warrants
 
 
 
 
 
 
 
 
 
 
 
 
 
$
7.2500
 
 
3,047,500
 
 
1.7
 
 
3,047,500
 
$
9.0625
 
 
98,150
 
 
-
 
 
-
 
 
 
 
 
3,145,650
 
 
1.7
 
 
3,047,500
 
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
In applying the Black-Scholes option pricing model to stock options granted, the Company used the following weighted average assumptions:
 
 
 
For the Three Months Ended
 
 
 
June  30,
 
 
 
2014
 
 
2013
 
Risk free interest rate
 
 
1.67
%
 
 
n/a
 
Expected term (years)
 
 
5.61
 
 
 
n/a
 
Expected volatility
 
 
95
%
 
 
n/a
 
Expected dividends
 
 
0.00
%
 
 
n/a
 
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]
A summary of the stock option activity during the three months ended June 30, 2014 is presented below:
 
 
 
 
 
 
 
 
 
Weighted
 
 
 
 
 
 
 
 
 
Weighted
 
Average
 
 
 
 
 
 
 
 
 
Average
 
Remaining
 
 
 
 
 
 
Number of
 
Exercise
 
Life
 
Intrinsic
 
 
 
Options
 
Price
 
In Years
 
Value
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Outstanding, March 31, 2014
 
 
-
 
$
-
 
 
 
 
 
 
 
Granted
 
 
332,500
 
 
6.37
 
 
 
 
 
 
 
Exercised
 
 
-
 
 
-
 
 
 
 
 
 
 
Forfeited
 
 
-
 
 
-
 
 
 
 
 
 
 
Outstanding, June 30, 2014
 
 
332,500
 
$
6.37
 
 
9.9
 
$
-
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Exercisable, June 30, 2014
 
 
-
 
$
-
 
 
-
 
$
-
 
Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range [Table Text Block]
The following table presents information related to stock options at June 30, 2014:
 
Options Outstanding
 
Options Exercisable
 
 
 
 
 
 
 
Weighted
 
 
 
 
 
 
 
Outstanding
 
Average
 
Exercisable
 
Exercise
 
Number of
 
Remaining Life
 
Number of
 
Price
 
Options
 
In Years
 
Options
 
 
 
 
 
 
 
 
 
 
 
 
 
$
6.37
 
 
332,500
 
 
-
 
 
-
 
 
 
 
 
332,500
 
 
-
 
 
-
 
Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity [Table Text Block]
A summary of RSU activity for the three months ended June 30, 2014 is presented below:
 
 
 
 
 
 
Weighted
 
 
 
 
 
 
 
 
 
Average
 
Total
 
 
 
Number of
 
Grant Date
 
Grant Date
 
 
 
Units
 
Fair Value
 
Fair Value
 
 
 
 
 
 
 
 
 
 
 
 
Non-vested, March 31, 2014
 
 
-
 
$
-
 
$
-
 
Granted
 
 
409,355
 
 
6.30
 
 
2,579,000
 
Vested
 
 
-
 
 
-
 
 
-
 
Forfeited
 
 
-
 
 
-
 
 
-
 
Non-vested, June 30, 2014
 
 
409,355
 
$
6.30
 
$
2,579,000