Stockholders' Equity

9 Months Ended

Dec. 31, 2013

Stockholders' Equity [Abstract]

Stockholders' Equity

(9)  Stockholders’ Equity

Changes in the components of stockholders’ equity during the quarters and nine month period ended December 31, 2013 were as follows: 

	Number of
	common				Additional				Total
	shares		Common		paid-in		Accumulated		stockholders’
	issued		stock		capital		deficit		equity
Balances at April 1, 2013		36,664,097	$	366,641	$	115,573,331	$	(91,175,301)	$	24,764,671
Issuance of common stock under
employee stock purchase plan		5,412		54		3,518		-		3,572
Compensation expense from
employee and director stock
option and common stock grants		-		-		162,724		-		162,724
Net loss		-		-		-		(916,354)		(916,354)
Balances at June 30, 2013		36,669,509	$	366,695	$	115,739,573	$	(92,091,655)	$	24,014,613
Issuance of common stock under
employee stock purchase plan		28,618		286		17,743		-		18,029
Issuance of common stock under
stock bonus plan		166,231		1,663		34,836		-		36,499
Compensation expense from
employee and director stock
option and common stock grants		-		-		238,853		-		238,853
Net loss		-		-		-		(412,269)		(412,269)
Balances at September 30, 2013		36,864,358	$	368,644	$	116,031,005	$	(92,503,924)	$	23,895,725
Issuance of common stock under
employee stock purchase plan		14,502		145		17,692		-		17,837
Issuance of common stock upon
exercise of employee stock options		12,794		128		11,259		-		11,387
Compensation expense from
employee and director stock
option and common stock grants		-		-		172,640		-		172,640
Net loss		-		-		-		(65,913)		(65,913)
Balances at December 31, 2013		36,891,654	$	368,917	$	116,232,596	$	(92,569,837)	$	24,031,676