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1. ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) - USD ($) | 12 Months Ended
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Mar. 31, 2015 | Mar. 31, 2014
Stock-Based Compensation Expense | $ 416,481 | $ 607,946
Weighted average number of common shares outstanding – basic and diluted | 5,594,447 | 3,881,179
Basic and diluted loss per common share | $ (1.22) | $ (3.44)
Vesting of Stock Options |  |
Stock-Based Compensation Expense | $ 416,481 | $ 541,588
Incremental fair value of option modifications |  |
Stock-Based Compensation Expense | 0 | 1,914
Vesting expense associated with Restricted Stock Grant |  |
Stock-Based Compensation Expense | $ 0 | $ 64,444
Share-based Compensation [Member] |  |
Basic and diluted loss per common share | $ (.07) | $ (.16)

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- Definition The amount of net income or loss for the period per each share in instances when basic and diluted earnings per share are the same amount and reported as a single line item on the face of the financial statements. Basic earnings per share is the amount of net income or loss for the period per each share of common stock or unit outstanding during the reporting period. Diluted earnings per share includes the amount of net income or loss for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. + References No definition available. + Details
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- Definition The aggregate amount of noncash, equity-based employee remuneration. This may include the value of stock or unit options, amortization of restricted stock or units, and adjustment for officers' compensation. As noncash, this element is an add back when calculating net cash generated by operating activities using the indirect method. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=56944662&loc=d3e3602-108585 + Details
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