Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY

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CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
Total
Common Stock
Additional Paid-In Capital
Other Comprehensive Income
Treasury Stock
Retained Earnings
Balance, beginning of period (in shares) at Mar. 31, 2016   53,256,296        
Balance, beginning of period at Mar. 31, 2016 $ 44,785,128 $ 53,256 $ 26,164,622 $ (2,282,682) $ 0 $ 20,849,932
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Fair value of options vested 242,801   242,801      
Stock issued in exercise of stock options (in shares)   86,808        
Stock issued in exercise of stock options 113,000 $ 87 112,913      
Stock issued in settlement of RSUs (in shares)   239,146        
Stock issued in settlement of RSUs 280,201 $ 239 279,962      
Treasury stock repurchased (in shares)   (2,876,317)        
Treasury stock repurchased (3,582,805)       (3,582,805)  
Foreign currency translation (415,698)     (415,698)    
Unrealized gains (losses) on investments (112,363)     (112,363)    
Net Income 78,053         78,053
Balance, end of period (in shares) at Dec. 31, 2016   50,705,933        
Balance, end of period at Dec. 31, 2016 41,388,317 $ 53,582 26,628,983 (2,810,743) (3,582,805) 21,099,300
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Implementation of ASU 2016-09 | Accounting Standards Update 2016-09 0   (171,315)     171,315
Stock based compensation $ 838,298   838,298      
Stock issued in exercise of stock options (in shares) 86,333 86,333        
Stock issued in exercise of stock options $ 111,676 $ 86 111,590      
Stock issued in settlement of RSUs (in shares)   262,584        
Stock issued in settlement of RSUs 0 $ 263 (263)      
Tax withholdings paid related to stock based compensation (43,139)   (43,139)      
Treasury stock repurchased (in shares)   (2,448,425)        
Treasury stock repurchased (3,307,544)       (3,307,544)  
Foreign currency translation 587,951     587,951    
Unrealized gains (losses) on investments 22,330     22,330    
Net Income 4,449,535         4,449,535
Balance, end of period (in shares) at Dec. 31, 2017   48,606,425        
Balance, end of period at Dec. 31, 2017 $ 44,047,424 $ 53,931 $ 27,535,469 $ (2,200,462) $ (6,890,349) $ 25,548,835