Shareholders' Equity (Tables)

12 Months Ended

Mar. 31, 2017

Equity [Abstract]

Summary of Stock Option Activity

A summary of stock option activity for each of the years presented is summarized below.

	Fiscal 2017					Fiscal 2016					Fiscal 2015
	Number of Options			Weighted Average Exercise Price		Number of Options			Weighted Average Exercise Price		Number of Options			Weighted Average Exercise Price
Stock Options:
Balance at beginning of period		1,972,000		$	0.19		1,896,000		$	0.22		1,896,000		$	0.22
Granted		100,000			0.32		170,000			0.23		60,000			0.17
Exercised		(36,000	)		0.33		(20,000	)		0.32		-			-
Forfeited		(66,000	)		0.88		(74,000	)		0.45		(60,000	)		0.76
Balance at end of period		1,970,000		$	0.16		1,972,000		$	0.19		1,896,000		$	0.20
Options exercisable at end of period		1,870,000		$	0.18		1,802,000		$	0.18		1,836,000		$	0.20

Schedule of Employee Stock Options Outstanding

The following table summarizes information about employee stock options outstanding at March 31, 2017:

Range of Exercise Price		Number Outstanding at March 31, 2017		Weighted Average Remaining Contractural Life		Weighted Average Exercise Price		Number Exercisable at March 31, 2017		Weighted Average Exercise Price
$.03 - $.33			1,850,000		5.5		0.15		1,750,000		0.13
$.45 - $.93			120,000		1.0		0.45		120,000		0.45
	*		1,970,000						1,870,000

* Total number of options outstanding as of March 31, 2017 includes 260,000 options issued to three directors as compensation and 770,000 options issue to key employees that were not issued from the Plan.