Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Changes in Shareholders' Equity (Unaudited)

v3.10.0.1
Condensed Consolidated Statements of Changes in Shareholders' Equity (Unaudited) - 9 months ended Dec. 31, 2018 - USD ($)
Common Stock [Member]
Treasury Stock [Member]
Additional Paid-in Capital [Member]
Accumulated Deficit [Member]
Other Comprehensive Income (loss) [Member]
Total
Balance at Mar. 31, 2018 $ 840 $ (25,000) $ 32,141,110 $ (30,569,764) $ (2,986) $ 1,544,200
Balance, shares at Mar. 31, 2018 8,397,056          
Adjustment due to the Adoption of ASU- 2017-11 (1) [1]     6,194,292 (516,358)   5,677,934
Issuance of common stock to Lincoln Park Financial Corporation pursuant to Stock Purchase Agreement, net of offering costs $ 12 27,158 27,170
Issuance of common stock to Lincoln Park Financial Corporation pursuant to Stock Purchase Agreement, net of offering costs, shares 127,000          
Issuance of common stock upon the exercise of options $ 1 (1)
Issuance of common stock upon the exercise of options, shares 9,601          
Stock-based compensation 1,693,899 1,693,899
Change in unrealized gains available-for-sale investments 13,142 13,142
Net loss (6,500,528) (6,500,528)
Balance at Dec. 31, 2018 $ 853 $ (25,000) $ 40,056,458 $ (37,586,650) $ 10,156 $ 2,455,817
Balance, shares at Dec. 31, 2018 8,533,657          
[1] The Company elected to adopt Accounting Standards Update 2017-11 retrospective to outstanding financial instruments with down round feature by means of cumulative-effect adjustment to the beginning additional paid-in capital of $6,194,292 and accumulated deficit of $(516,358) as of April 1, 2018.