v2.4.1.9

BASIC AND DILUTED NET LOSS PER COMMON SHARE (Tables)

9 Months Ended

Dec. 31, 2014

Accounting Policies [Abstract]

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block]

Potential common shares not included in calculating diluted net loss per common share are as follows:

		Nine months ended December 31,
		2014			2013
Stock options			12,750,713			11,098,540
Warrants to purchase common stock			120,000			10,710,435
Convertible preferred stock and accrued dividends			—			25,986,148
5% Convertible notes			1,861,111			2,361,111
Total			14,731,824			50,156,234

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- Definition

Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 260

-SubTopic 10

-Section 50

-Paragraph 1

-Subparagraph (c)

-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

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