Note 7 - Stock-based Compensation |
6 Months Ended |
|---|---|
Sep. 30, 2015 | |
| Notes to Financial Statements | |
| Disclosure of Compensation Related Costs, Share-based Payments [Text Block] | NOTE 7. STOCK-BASED COMPENSATION Stock-based compensation expense was $21,160 for the second quarter and first six months of fiscal 2016 and $58,960 for the second quarter and first six months of fiscal 2015. Stock-based compensation expenses for the quarters and six months ended September 30, 2015 and 2014 were due to the issuance of automatic stock options to our non-employee directors on their election or reelection to our Board. We calculate the share-based compensation expense using the Black-Scholes standard option-pricing model. |