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Note 5 - Fair Value of Financial Instruments (Tables)
9 Months Ended
Dec. 31, 2020
Notes Tables  
Investments Classified by Contractual Maturity Date [Table Text Block]
Total
   
<1 Year
   
1–3 Years
   
3–5 Years
 
$
65,694,022
    $
25,037,055
    $
34,142,192
    $
6,514,775
 
Fair Value, Assets Measured on Recurring Basis [Table Text Block]
   
As of December 31, 2020
   
As of March 31, 2020
 
   
Level 1
   
Level 2
   
Total
   
Level 1
   
Level 2
   
Total
 
Money market funds
  $
13,921,961
    $
-
    $
13,921,961
    $
7,903,433
    $
-
    $
7,903,433
 
Corporate bonds
   
-
     
51,772,061
     
51,772,061
     
-
     
62,691,309
     
62,691,309
 
Total
  $
13,921,961
    $
51,772,061
    $
65,694,022
    $
7,903,433
    $
62,691,309
    $
70,594,742
 
Schedule of Available-for-sale Securities Reconciliation [Table Text Block]
   
As of December 31, 2020
   
As of March 31, 2020
 
   

Amortized
Cost
   
Gross
Unrealized
Holding Gains
   
Gross
Unrealized
Holding Losses
   
Estimated
Fair
Value
   

Amortized
Cost
   
Gross
Unrealized
Holding Gains
   
Gross
Unrealized
Holding Losses
   
Estimated
Fair
Value
 
Money market funds
  $
13,921,961
    $
-
    $
-
    $
13,921,961
    $
7,903,433
    $
-
    $
-
    $
7,903,433
 
Corporate bonds
   
49,873,178
     
1,898,883
     
-
     
51,772,061
     
62,030,120
     
752,621
     
(91,432
)
   
62,691,309
 
Total
  $
63,795,139
    $
1,898,883
    $
-
    $
65,694,022
    $
69,933,553
    $
752,621
    $
(91,432
)
  $
70,594,742