STOCK-BASED COMPENSATION (Details 1) - USD ($) |
3 Months Ended | 9 Months Ended | 12 Months Ended | ||
---|---|---|---|---|---|
Dec. 31, 2016 |
Dec. 31, 2015 |
Dec. 31, 2016 |
Dec. 31, 2015 |
Mar. 31, 2016 |
|
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||||
Expected volatility, Minimum | 119.00% | 119.00% | |||
Expected volatility, Maximum | 121.00% | 120.00% | |||
Expected term (in years) | 10 years | 10 years | |||
Risk-free interest rate, Minimum | 1.80% | 2.10% | |||
Risk-free interest rate, Maximum | 2.40% | 2.20% | |||
Forfeiture rate | 0.00% | 2.70% | |||
Fair value of options granted | $ 317,634 | $ 129,913 | |||
Non-cash compensation through issuance of stock options | $ 84,785 | $ 75,025 | $ 258,954 | $ 246,495 | $ 333,363 |
Minimum [Member] | |||||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||||
Exercise prices | $ 0.17 | $ 0.17 | $ 0.23 | ||
Maximum [Member] | |||||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||||
Exercise prices | $ 0.42 | $ 0.42 | $ 0.42 |