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Note 9 - Summary of Option Activity Under Stock Plans (Details) - USD ($)
3 Months Ended 12 Months Ended
Jun. 30, 2016
Mar. 31, 2016
Mar. 31, 2015
Outstanding (in shares) 685,000    
Outstanding, weighted average exercise price (in dollars per share) $ 4.65    
Outstanding, weighted average remaining contractual term 5 years 146 days 5 years 255 days  
Outstanding, aggregate intrinsic value $ 630,743   $ 566,323
Granted (in shares)    
Granted, weighted average exercise price (in dollars per share)    
Exercised (in shares)    
Exercised, weighted average exercise price (in dollars per share)    
Forfeited (in shares) (4,500)    
Forfeited, weighted average exercise price (in dollars per share) $ 5.01    
Outstanding (in shares) 680,500 685,000  
Outstanding, weighted average exercise price (in dollars per share) $ 4.64 $ 4.65  
Exercisable (in shares) 519,750    
Exercisable, weighted average exercise price (in dollars per share) $ 4.31    
Exercisable, weighted average remaining contractual term 5 years 73 days    
Exercisable, aggregate intrinsic value $ 582,503