v3.7.0.1

Consolidated Statements of Changes in Equity - USD ($) | Common Stock [Member] | Paid-In Capital [Member] | Accumulated Deficit [Member] | Comprehensive (Loss) Income [Member] | Noncontrolling Interests [Member] | Total
--- | --- | --- | --- | --- | --- | ---
Balance at Mar. 31, 2014 | $ 1,518,411 | $ 157,485,965 | $ (141,055,099) | $ (1,724,916) | $ 2,217,700 | $ 19,935,191
Balance, shares at Mar. 31, 2014 | 151,841,133 |  |  |  |  |
Net (loss) income |  |  | (3,799,742) |  | 325,829 | (3,473,913)
Foreign currency translation adjustment |  |  |  | (561,009) |  | (561,009)
Issuance of common stock, net of issuance costs of $124,876 | $ 25,379 | 3,108,189 |  |  |  | 3,133,568
Issuance of common stock, net of issuance costs of $124,876, shares | 2,537,924 |  |  |  |  |
Exercise of common stock warrants | $ 16,578 | 613,387 |  |  |  | 629,965
Exercise of common stock warrants, shares | 1,657,802 |  |  |  |  |
Surrender of common stock in connection with exercise of common stock warrant | $ (279) | (30,971) |  |  |  | (31,250)
Surrender of common stock in connection with exercise of common stock warrant, shares | (27,902) |  |  |  |  |
Conversion of 5% convertible notes and accrued interest thereon | $ 5,017 | 446,400 |  |  |  | 451,417
Conversion of 5% convertible notes and accrued interest thereon, shares | 501,574 |  |  |  |  |
Exercise of common stock options | $ 6,771 | 216,213 |  |  |  | 222,984
Exercise of common stock options, shares | 677,127 |  |  |  |  |
Common stock issued in connection with the acquisition of an additional 20.1% of noncontrolling interests |  |  |  |  |  |
Stock-based compensation |  | 787,710 |  |  |  | 787,710
Balance at Mar. 31, 2015 | $ 1,571,877 | 162,626,893 | (144,854,841) | (2,285,925) | 2,543,529 | 21,094,663
Balance, shares at Mar. 31, 2015 | 157,187,658 |  |  |  |  |
Net (loss) income |  |  | (2,516,368) |  | 809,662 | (1,706,706)
Foreign currency translation adjustment |  |  |  | 92,131 |  | 92,131
Issuance of common stock, net of issuance costs of $124,876 | $ 21,193 | 3,105,920 |  |  |  | 3,127,113
Issuance of common stock, net of issuance costs of $124,876, shares | 2,119,282 |  |  |  |  |
Exercise of common stock options | $ 10,796 | 364,184 |  |  |  | 374,980
Exercise of common stock options, shares | 1,079,602 |  |  |  |  |
Common stock issued under 2013 incentive compensation plan | $ 882 | 119,118 |  |  |  | 120,000
Common stock issued under 2013 incentive compensation plan, shares | 88,235 |  |  |  |  |
Subsidiary dividend paid to non-controlling interests |  | (600,000) |  |  |  | (600,000)
Common stock issued in connection with the acquisition of an additional 20.1% of noncontrolling interests |  |  |  |  |  |
Stock-based compensation |  | 1,250,556 |  |  |  | 1,250,556
Balance at Mar. 31, 2016 | $ 1,604,748 | 166,866,671 | (147,371,209) | (2,193,794) | 3,353,191 | 22,259,607
Balance, shares at Mar. 31, 2016 | 160,474,777 |  |  |  |  |
Net (loss) income |  |  | (852,613) |  | 1,359,145 | 506,532
Foreign currency translation adjustment |  |  |  | (114,878) |  | (114,878)
Exercise of common stock options | $ 6,710 | 244,479 |  |  |  | 251,189
Exercise of common stock options, shares | 671,028 |  |  |  |  |
Common stock issuance costs |  | (14,355) |  |  |  | (14,355)
Common stock issued in connection with the acquisition of an additional 20.1% of noncontrolling interests | $ 18,000 | 2,430,000 |  |  |  | 2,448,000
Common stock issued in connection with the acquisition of an additional 20.1% of noncontrolling interests, shares | 1,800,000 |  |  |  |  |
Effect of acquisition of an additional 20.1% of noncontrolling interests |  | (20,215,176) |  |  | (2,232,824) | (22,448,000)
Stock-based compensation |  | 1,577,994 |  |  |  | 1,577,994
Balance at Mar. 31, 2017 | $ 1,629,458 | $ 150,889,613 | $ (148,223,822) | $ (2,308,672) | $ 2,479,512 | $ 4,466,089
Balance, shares at Mar. 31, 2017 | 162,945,805 |  |  |  |  |

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