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14. SUBSEQUENT EVENTS
9 Months Ended
Dec. 31, 2013
Segment Reporting [Abstract]  
SUBSEQUENT EVENTS

Management has evaluated events subsequent to December 31, 2013 through the date that the accompanying condensed consolidated financial statements were filed with the Securities and Exchange Commission for transactions and other events which may require adjustment of and/or disclosure in such financial statements.

 

In January 2014, we repaid the $17,000 principal balance of the December 2006 10% Notes and all related accrued interest.

 

In January 2014, we billed DARPA $352,938 and Battelle $10,560 for work under those contracts. We subsequently received a payment of $195,796 from DARPA.

 

In January 2014, 2 warrant holders exercised 211,736 warrants to receive 95,222 restricted shares of common stock in cashless exercise transactions.