7. Stock-Based Compensation (Details-Assumptions) - $ / shares |
3 Months Ended | 6 Months Ended | ||
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Sep. 30, 2016 |
Sep. 30, 2015 |
Sep. 30, 2016 |
Sep. 30, 2015 |
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Weighted average assumptions for calculating fair value of stock options | ||||
Expected term | 9 years 1 month 6 days | 5 years 11 months 12 days | 7 years 11 months 19 days | 6 years 3 months 26 days |
Risk-free interest rate | 1.49% | 1.62% | 1.45% | 1.66% |
Dividend yield | 0.00% | 0.00% | 0.00% | 0.00% |
Volatility | 98.00% | 89.00% | 94.00% | 89.00% |
Fair value of options granted, per share | $ 3.64 | $ 4.25 | $ 3.68 | $ 4.40 |
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- Definition Weighted average assumptions for calculating fair value of stock options [Abstract] No definition available.
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- Definition The estimated dividend rate (a percentage of the share price) to be paid (expected dividends) to holders of the underlying shares over the option's term. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The estimated measure of the percentage by which a share price is expected to fluctuate during a period. Volatility also may be defined as a probability-weighted measure of the dispersion of returns about the mean. The volatility of a share price is the standard deviation of the continuously compounded rates of return on the share over a specified period. That is the same as the standard deviation of the differences in the natural logarithms of the stock prices plus dividends, if any, over the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The risk-free interest rate assumption that is used in valuing an option on its own shares. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The weighted average grant-date fair value of options granted during the reporting period as calculated by applying the disclosed option pricing methodology. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Expected term of share-based compensation awards, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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