Stock Options (Tables)
 3 Months Ended 12 Months Ended
Jun. 30, 2017
Mar. 31, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]    
Summary of Stock Option Activity

A summary of the Company’s stock option activity during the three months ended June 30, 2017 is as follows:

 

    Shares     Weighted
Average
Exercise Price		  
Balance outstanding at March 31, 2017     2,820,489     $ 1.27  
Granted     —          
Exercised     —          
Expired     —          
Cancelled     —          
Balance outstanding at June 30, 2017     2,820,489     $ 1.27  
Balance exercisable at June 30, 2017     1,006,876     $ 1.50  

A summary of the Company’s stock option activity during the fiscal years ended March 31, 2016 and 2017 is as follows:

 

    Shares     Weighted Average Exercise Price  
Balance at April 1, 2015     632,500     $ 3.30  
Granted     277,500          
Exercised     -          
Cancelled     (2,500 )        
Balance outstanding at March 31, 2016     907,500     $ 3.30  
Granted     2,263,821          
Exercised     -          
Expired     (285,000 )        
Cancelled     (65,832 )        
Balance outstanding at March 31, 2017     2,820,489     $ 1.27  
Balance exercisable at March 31,2017     965,626     $ 1.70  
Schedule of Stock Options Outstanding and Exercisable

A summary of the Company’s stock options outstanding and exercisable as of June 30, 2017 is as follows:

 

    Number of
Options		     Weighted
Average
Exercise Price		     Weighted
Average Grant-
date Stock Price		  
Options Outstanding, June 30, 2017     1,710,821     $ 0.50     $ 0.50  
      153,000     $ 0.96     $ 0.96  
      130,000     $ 1.00     $ 10.00  
      10,000     $ 1.50     $ 1.50  
      647,500     $ 2.00 – 2.79     $ 2.00 – 2.79  
      123,334     $ 3.10 – 3.80     $ 3.10 – 3.80  
      45,834     $ 4.00 – 4.70     $ 4.00 – 4.70  
      2,820,489                  
Options Exercisable, June 30, 2017     427,708     $ 0.50     $ 0.50  
      37,500     $ 0.96     $ 0.96  
      130,000     $ 1.00     $ 10.00  
      7,5000     $ 1.50     $ 1.50  
      235,000     $ 2.00 – 2.79     $ 2.00 – 2.79  
      123,334     $ 3.10 – 3.80     $ 3.10 – 3.80  
      45,834     $ 4.00 – 4.70     $ 4.00 – 4.70  
      1,006,876                  

A summary of the Company’s stock options outstanding and exercisable as of March 31, 2017 is as follows:

 

    Number of Options     Weighted Average Exercise Price     Weighted Average Grant-date Stock Price  
Options Outstanding, March 31, 2017     1,710,821     $ 0.50     $ 0.50  
      153,000     $ 0.96     $ 0.96  
      130,000     $ 1.00     $ 10.00  
      10,000     $ 1.50     $ 1.50  
      647,500     $  2.00 – 2.79       $ 2.00 – 2.79  
      123,334     $ 3.10 – 3.80       $ 3.10 – 3.80  
      45,834     $  4.00 – 4.70       $ 4.00 – 4.70  
      2,820,489                  
Options Exercisable, March 31, 2017     427,708     $ 0.50     $ 0.50  
      37,500     $ 0.96     $ 0.96  
      130,000     $ 1.00     $ 10.00  
      5,000     $ 1.50     $ 1.50  
      201,250       $ 2.00 – 2.79       $ 2.00 – 2.79  
      118,334       $ 3.10 – 3.80       $ 3.10 – 3.80  
      45,834       $ 4.00 – 4.70       $ 4.00 – 4.70  
      965,626