Stockholders' Equity

9 Months Ended

Dec. 31, 2011

Stockholders' Equity

Stockholders' Equity

(10)Stockholders' Equity

Changes in the components of stockholders' equity during the nine month period ended December 31, 2011 were as follows:

			Number of
			common		Additional		Total
			shares	Common	paid-in	Accumulated	stockholders'
				stock	capital	deficit	equity
Balances at April 1, 2011			36,213,293	$ 362,133	113,391,049	(75,558,469)	38,194,713
Issuance of common stock under
		employee stock purchase plan	10,974	110	21,509	-	21,619
Compensation expense from
		employee and director stock
		option and common stock grants	-	-	91,087	-	91,087
Net loss			-	-	-	(1,043,543)	(1,043,543)
Balances at June 30, 2011			36,224,267	362,243	113,503,645	(76,602,012)	37,263,876
Issuance of common stock under
	stock bonus plan		107,917	1,079	167,545	-	168,624
Issuance of common stock under
	employee stock purchase plan		523	5	1,370	-	1,375
Purchase of treasury stock			(6,191)	(62)	(12,314)	-	(12,376)
Compensation expense from
	employee and director stock
	option and common stock grants		-	-	389,914	-	389,914
Net loss			-	-	-	(1,586,185)	(1,586,185)
Balances at September 30, 2011			36,326,516	$ 363,265	114,050,160	(78,188,197)	36,225,228
Issuance of common stock under
		stock bonus plan	-	-	-	-	-
Purchase of treasury stock			-	-	-	-	-
Compensation expense from
		employee and director stock
		option and common stock grants	-	-	118,215	-	118,215
Net loss			-	-	-	(846,416)	(846,416)
Balances at December 31, 2011			36,326,516	$ 363,265	114,168,375	(79,034,613)	35,497,027