Risks and Uncertainties	12 Months Ended
Mar. 31, 2017
Risks And Uncertainties [Abstract]
Risks and Uncertainties	NOTE 12 — RISKS AND UNCERTAINTIES: Customer and Licensee Concentration For the twelve months ended March 31, 2017, the Company’s largest two customers and largest licensee, accounted for approximately 83% of the Company’s net revenues, with Walmart accounting for 53%, Fred Meyer accounting for 17%, and Funai accounting for 13%. For the 12 months ended March 31, 2016 the Company’s largest two customers, and largest licensee, accounted for approximately 81% of the Company’s net revenue with Target accounting for 42%, Walmart accounting for 31% and Funai accounting for 8%. A significant decline in net sales to any of our top two customers would have a material adverse effect on the Company’s business, financial condition and results of operation. The termination of the Funai license agreement will have a material adverse effect on the Company’s business, financial condition and results of operation. Product Concentration For the twelve months ended March 31, 2017, the Company’s gross product sales were comprised of four product types within two categories — housewares products and audio products, and two of these product types, namely microwave ovens and compact refrigerators — both within the housewares category — generated approximately 82% of the Company’s gross product sales, with microwave ovens generating approximately 71% of the total and compact refrigerators generating approximately 11% of the total. For the twelve months ended March 31, 2016, the Company’s gross product sales were comprised of the same four product types within the same two categories — housewares products and audio products, and two of these product types, namely microwave ovens and compact refrigerators — both within the housewares category — generated approximately 93% of the Company’s gross product sales, with microwave ovens generating approximately 56% of the total and compact refrigerators generating approximately 37% of the total. As a result of this dependence, a significant decline in pricing of, or market acceptance of these product types and categories, either in general or specifically as marketed by the Company, would have a material adverse effect on the Company’s business, financial condition and results of operations. Because the market for these product types and categories is characterized by periodic new product introductions, the Company’s future financial performance will depend, in part, on the successful and timely development and customer acceptance of new and enhanced versions of these product types and other products distributed by the Company. There can be no assurance that the Company will continue to be successful in marketing these products types within these categories or any other new or enhanced products. Concentrations of Credit Risk As a percent of the Company’s total trade accounts receivable, net of specific reserves, Walmart and Fred Meyer accounted for 91% and nil as of March 31, 2017, respectively. As a percent of the Company’s total trade accounts receivable, net of specific reserves, Target and Walmart accounted for nil and 88% as of March 31, 2016, respectively. The Company periodically performs credit evaluations of its customers but generally does not require collateral, and the Company provides for any anticipated credit losses in the financial statements based upon management’s estimates and ongoing reviews of recorded allowances. The accounts receivable allowance for doubtful accounts on the Company’s total trade accounts receivable balances was $4,000 at March 31, 2017 and $9,000 at March 31, 2016. Due to the high concentration of the Company’s net trade accounts receivables among just two customers, any significant failure by one of these customers to pay the Company the amounts owing against these receivables would result in a material adverse effect on the Company’s business, financial condition and results of operations. The Company maintains its cash accounts with major U.S. and foreign financial institutions. The Company’s cash and restricted cash balances on deposit in the U.S. as of March 31, 2017 and March 31, 2016 were insured by the Federal Deposit Insurance Corporation (“FDIC”) up to $250,000 per qualifying bank account in accordance with FDIC rules. The Company’s cash, cash equivalents and restricted cash balances in excess of these FDIC-insured limits were approximately $27.0 million and approximately $30.1 million at March 31, 2017 and March 31, 2016, respectively. Supplier Concentration The Company, during the twelve months ended March 31, 2017, procured approximately 98% of its products for resale from its three largest factory suppliers, and of these, the Company procured approximately 75% of these products from one of them. The Company, during the twelve months ended March 31, 2016, procured approximately 98% of its products for resale from its three largest factory suppliers, and of these, the Company procured approximately 53% of these products from one of them. No assurance can be given that ample supply of product would be available at current prices and on current credit terms if the Company were required to seek alternative sources of supply without adequate notice by a supplier or a reasonable opportunity to seek alternate production facilities and component parts and any resulting significant shortage of product supply would have a material adverse effect on the Company’s business, financial condition and results of operation.

NOTE 12 — RISKS AND UNCERTAINTIES:

Customer and Licensee Concentration

For the twelve months ended March 31, 2017, the Company’s largest two customers and largest licensee, accounted for approximately 83% of the Company’s net revenues, with Walmart accounting for 53%, Fred Meyer accounting for 17%, and Funai accounting for 13%. For the 12 months ended March 31, 2016 the Company’s largest two customers, and largest licensee, accounted for approximately 81% of the Company’s net revenue with Target accounting for 42%, Walmart accounting for 31% and Funai accounting for 8%. A significant decline in net sales to any of our top two customers would have a material adverse effect on the Company’s business, financial condition and results of operation. The termination of the Funai license agreement will have a material adverse effect on the Company’s business, financial condition and results of operation.

Product Concentration

For the twelve months ended March 31, 2017, the Company’s gross product sales were comprised of four product types within two categories — housewares products and audio products, and two of these product types, namely microwave ovens and compact refrigerators — both within the housewares category — generated approximately 82% of the Company’s gross product sales, with microwave ovens generating approximately 71% of the total and compact refrigerators generating approximately 11% of the total. For the twelve months ended March 31, 2016, the Company’s gross product sales were comprised of the same four product types within the same two categories — housewares products and audio products, and two of these product types, namely microwave ovens and compact refrigerators — both within the housewares category — generated approximately 93% of the Company’s gross product sales, with microwave ovens generating approximately 56% of the total and compact refrigerators generating approximately 37% of the total. As a result of this dependence, a significant decline in pricing of, or market acceptance of these product types and categories, either in general or specifically as marketed by the Company, would have a material adverse effect on the Company’s business, financial condition and results of operations. Because the market for these product types and categories is characterized by periodic new product introductions, the Company’s future financial performance will depend, in part, on the successful and timely development and customer acceptance of new and enhanced versions of these product types and other products distributed by the Company. There can be no assurance that the Company will continue to be successful in marketing these products types within these categories or any other new or enhanced products.

Concentrations of Credit Risk

As a percent of the Company’s total trade accounts receivable, net of specific reserves, Walmart and Fred Meyer accounted for 91% and nil as of March 31, 2017, respectively. As a percent of the Company’s total trade accounts receivable, net of specific reserves, Target and Walmart accounted for nil and 88% as of March 31, 2016, respectively. The Company periodically performs credit evaluations of its customers but generally does not require collateral, and the Company provides for any anticipated credit losses in the financial statements based upon management’s estimates and ongoing reviews of recorded allowances. The accounts receivable allowance for doubtful accounts on the Company’s total trade accounts receivable balances was $4,000 at March 31, 2017 and $9,000 at March 31, 2016. Due to the high concentration of the Company’s net trade accounts receivables among just two customers, any significant failure by one of these customers to pay the Company the amounts owing against these receivables would result in a material adverse effect on the Company’s business, financial condition and results of operations.

The Company maintains its cash accounts with major U.S. and foreign financial institutions. The Company’s cash and restricted cash balances on deposit in the U.S. as of March 31, 2017 and March 31, 2016 were insured by the Federal Deposit Insurance Corporation (“FDIC”) up to $250,000 per qualifying bank account in accordance with FDIC rules. The Company’s cash, cash equivalents and restricted cash balances in excess of these FDIC-insured limits were approximately $27.0 million and approximately $30.1 million at March 31, 2017 and March 31, 2016, respectively.

Supplier Concentration

The Company, during the twelve months ended March 31, 2017, procured approximately 98% of its products for resale from its three largest factory suppliers, and of these, the Company procured approximately 75% of these products from one of them. The Company, during the twelve months ended March 31, 2016, procured approximately 98% of its products for resale from its three largest factory suppliers, and of these, the Company procured approximately 53% of these products from one of them. No assurance can be given that ample supply of product would be available at current prices and on current credit terms if the Company were required to seek alternative sources of supply without adequate notice by a supplier or a reasonable opportunity to seek alternate production facilities and component parts and any resulting significant shortage of product supply would have a material adverse effect on the Company’s business, financial condition and results of operation.