Note 7 - Net Loss per Share (Tables)

6 Months Ended

Sep. 30, 2018

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

	Three Months Ended			Three Months Ended
	September 30, 2018			September 30, 2017
Basic net loss per share computation:
Net loss	$	(191,410	)	$	(2,920,589	)
Add: Preferred dividends		(60,000	)		-
Net loss attributable to common shareholders		(251,410	)		(2,920,589	)
Weighted-average common shares outstanding		3,255,887			3,255,887
Basic net loss per share	$	(0.08	)	$	(0.90	)
Diluted net loss per share computation
Net loss income	$	(191,410	)	$	(2,920,589	)
Add: Preferred dividends		(60,000	)		-
Diluted loss income	$	(251,410	)		(2,920,589	)
Weighted-average common shares outstanding		3,255,887			3,255,887
Incremental shares attributable to the assumed exercise of  outstanding stock options and warrants		-			-
Total adjusted weighted-average shares		3,255,887			3,255,887
Diluted net loss per share	$	(0.08	)	$	(0.90	)

	Six Months Ended			Six Months Ended
	September 30, 2018			September 30, 2017
Basic net loss per share computation:
Net loss	$	(937,483	)	$	(3,206,680	)
Add: Preferred dividends		(120,000	)		-
Net loss attributable to common shareholders		(1,057,483	)		(3,206,680	)
Weighted-average common shares outstanding		3,255,887			3,255,887
Basic net  income per share	$	(0.32	)	$	(0.98	)
Diluted net loss per share computation
Net loss	$	(937,483	)	$	(3,206,680	)
Add: Preferred dividends		(120,000	)		-
Diluted loss attributable to common shareholders	$	(1,057,483	)		(3,206,680	)
Weighted-average common shares outstanding		3,255,887			3,255,887
Incremental shares attributable to the assumed exercise of outstanding stock options and warrants		-			-
Total adjusted weighted-average shares		3,255,887			3,255,887
Diluted net loss per share	$	(0.32	)	$	(0.98	)

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:

	September 30, 2018		September 30, 2017
Convertible preferred stock		1,070,222		-
Stock options		42,500		77,000
Warrants		50,000		50,000
		1,162,722		127,000