Stockholders' Equity

9 Months Ended

Dec. 31, 2011

Stockholders' Equity Attributable to Parent [Abstract]

Stockholders' Equity Note Disclosure [Text Block]

STOCKHOLDERS’ EQUITY

Basic loss per share is computed using the net loss and the weighted average number of common shares outstanding during the period. Diluted loss per share is computed using the net loss and the weighted average number of common shares and potential common shares outstanding during the period when the potential common shares are dilutive. Potential dilutive common shares include outstanding stock options.

Weighted outstanding options to purchase 3,211,414 shares and 2,995,149 shares of the Company's common stock have been excluded from the computation of diluted net loss per share for the three and nine month periods ended December 31, 2011, respectively; and 2,646,275 shares and 2,654,158 shares for the three and nine month periods ended December 31, 2010, respectively, because the effect of their inclusion would have been anti-dilutive.

The change in accumulated other comprehensive loss during the three and nine month periods ended December 31, 2011 and 2010 is the result of the effect of foreign exchange rate changes. The following table reconciles net loss as reported with total comprehensive loss (in thousands):

	Three Months Ended December 31,						Nine Months Ended December 31,
	2011			2010			2011			2010
Net loss reported	$	(754	)	$	(451	)	$	(2,621	)	$	(2,195	)
Translation adjustments-net	(12		)	(23		)	(35		)	17
Total comprehensive loss	$	(766	)	$	(474	)	$	(2,656	)	$	(2,178	)