Quarterly report pursuant to Section 13 or 15(d)

3. Summary of Significant Accounting Policies (Tables)

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3. Summary of Significant Accounting Policies (Tables)
 6 Months Ended
Sep. 30, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Potentially dilutive securities excluded from computation of net loss per share
    September 30,  
    2014     2013  
Options to purchase common stock     2,754,000       1,229,000  
Warrants to purchase common stock     2,034,000       1,318,000  
      4,788,000       2,547,000  
Financial liabilities measured at fair value on a recurring basis

    Fair Value Measurements at September 30, 2014 Using  
    Total
September 30,
2014		     Quoted prices in active markets for identical assets
(Level 1)		     Significant other observable inputs
(Level 2)		     Significant other unobservable inputs
(Level 3)		  
Liabilities:                                
Derivative liabilities – warrants   $ 856,000           –            –     $ 856,000  

 

    Fair Value Measurements at March 31, 2014 Using  
    Total
March 31,
2014 		    Quoted prices in active markets for identical assets
(Level 1) 		    Significant other observable inputs
(Level 2) 		    Significant other unobservable inputs
(Level 3) 		 
Liabilities:                                
Derivative liabilities – warrants   $ 3,175,000           –            –     $ 3,175,000