Quarterly report pursuant to Section 13 or 15(d)

Accrued Expenses

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Accrued Expenses
9 Months Ended
Dec. 31, 2013
Notes to Financial Statements  
NOTE 6 - Accrued Expenses

Accrued expenses is composed of the following at December 31, 2013 and March 31, 2013:

 

    December 31,     March 31,  
    2013     2013  
 Accrued professional services   $ 104,800     $ 67,800  
 Accrued compensation     427,700       219,300  
 Accrued royalties and license fees     -       25,000  
 All other     -       30,800  
    $ 532,500     $ 342,900