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)
 3 Months Ended
Jun. 30, 2015
Accounting Policies [Abstract]  
Potentially dilutive securities
    June 30,  
    2015     2014  
Options to purchase common stock     2,979,000       2,536,000  
Warrants to purchase common stock     7,740,000       2,300,000  
      10,719,000       4,836,000  
Fair value measurements
    Fair Value Measurements at June 30, 2015 Using  
    Total
June 30,
2015 		    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   $ 70,000       –       –     $ 70,000  

 

    Fair Value Measurements at March 31, 2015 Using  
    Total
March 31,
2015 		    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   $ 11,000       –       –     $ 11,000