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2. PROPERTY AND EQUIPMENT
12 Months Ended
Mar. 31, 2016
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

Property and equipment, net, consist of the following:

 

   March 31, 2016   March 31, 2015 
Furniture and office equipment, at cost  $394,395   $385,088 
Accumulated depreciation   (358,357)   (328,997)
   $36,038   $56,091 

 

Depreciation expense for the years ended March 31, 2016 and 2015 approximated $29,000 and $28,000, respectively.