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BASIC AND DILUTED NET LOSS PER COMMON SHARE | 9 Months Ended
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Dec. 31, 2016
Earnings Per Share [Abstract] |
Earnings Per Share [Text Block] | NOTE 2 — BASIC AND DILUTED NET LOSS PER COMMON SHARE Basic net loss per common share is computed by dividing net loss by the weighted average number of common shares outstanding during the period. Diluted net loss per common share is computed giving effect to all potentially dilutive common shares that were outstanding during the period that are not anti-dilutive. Potentially dilutive common shares consist of incremental shares issuable upon exercise of stock options and warrants or conversion of convertible notes outstanding. In computing diluted net loss per share for the nine months ended December 31, 2016 and 2015, no adjustment has been made to the weighted average outstanding common shares as the assumed exercise of outstanding options and warrants and the assumed conversion of convertible notes is anti-dilutive. Potential common shares not included in calculating diluted net loss per share are as follows:
|  | Nine months ended December 31, |
|  | 2016 |  | 2015 |
Stock options |  |  | 15,907,696 |  |  | 13,831,399 |
5% Convertible notes |  |  | 1,861,111 |  |  | 1,861,111 |
Total |  |  | 17,768,807 |  |  | 15,692,510 |

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