XML 49 R37.htm IDEA: XBRL DOCUMENT v3.7.0.1
15. Net Diluted Income (Loss) per Share (Tables)
12 Months Ended
Mar. 31, 2017
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
 
 
March 31, 2017
   
March 31, 2016
 
Basic net (loss) income per share computation:
           
  Net (loss) income
 
$
(4,759,439
)
 
$
1,004,153
 
  Weighted-average common shares outstanding
   
3,255,887
     
3,256,887
 
  Basic net   (loss) income per share
 
$
(1.46
)
 
$
0.31
 
Diluted net (loss) income per share computation
               
  Net (loss) income
 
$
(4,759,439
)
 
$
1,004,153
 
   Less: Change in fair value of warrants
   
103,000
     
-
 
   Diluted (loss) income
   
(4,862,439
)
   
1,004,153
 
  Weighted-average common shares outstanding
   
3,255,887
     
3,256,887
 
  Incremental shares attributable to the assumed exercise
     of outstanding stock options and warrants
   
10,955
     
4,266
 
  Total adjusted weighted-average shares
   
3,266,842
     
3,261,153
 
  Diluted net (loss) income per share
 
$
(1.49
)
 
$
0.31
 
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block]
The following table summarizes securities that, if exercised, would have an anti-dilutive effect on earnings per share:

 
 
March 31,
2017
   
March 31,
2016
 
Stock options
   
61,000
     
65,000
 
Warrants
   
-
     
286,920
 
 
   
61,000
     
351,920