Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

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Summary of Significant Accounting Policies (Tables)
9 Months Ended
Dec. 31, 2012
Summary Of Significant Accounting Policies Tables  
Earning Per Share

Potentially dilutive securities excluded from the calculation of diluted net loss per common share are as follows:

 

    December 31,  
    2012     2011  
             
Series A preferred stock issued and outstanding (1)     15,000,000       4,370,550  
Warrant shares issuable to Platinum upon exercise of common stock warrants by Platinum upon exchange of Series A preferred stock under the terms of the October 11, 2012 Note Purchase and Exchange Agreement     7,500,000       -  
Outstanding options under the 2008 and 1999 Stock Incentive Plans     4,966,771       4,806,114  
Outstanding warrants to purchase common stock     9,873,034       3,451,728  
October 2012 10% convertible Exchange Note and Investment Notes issued to Platinum including accrued interest through December 31, 2012 (2)     4,645,198       -  
                 
Total     41,895,003       12,628,392  

 

(1)  at December 31, 2012, assumes exchange under the terms of the October 11, 2012  Note Exchange and Purchase Agreement with Platinum
(2)  assumes conversion under the terms of the October 11, 2012  Note Exchange and Purchase Agreement with Platinum and the terms of the individual notes