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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Sep. 30, 2015
Mar. 31, 2015
Current assets:    
Cash and cash equivalents $ 942,143 $ 216,395
Accounts receivable, net of allowance for doubtful accounts of $25,000 for each period 800,813 616,070
Inventories 193,749 137,704
Prepaid expenses and other current assets 21,595 16,595
Restricted cash 232,874 $ 232,525
Deferred tax asset 410,000
Total current assets 2,601,174 $ 1,219,289
Property and equipment, net of accumulated depreciation of $74,972 and $74,070, respectively 2,344 3,246
Inventories - long-term portion 74,639 88,257
Intangible assets, net of accumulated amortization of $154,365 and $153,667, respectively 13,784 14,481
Other assets 16,144 $ 16,144
Deferred tax asset 447,000
Total other assets 553,911 $ 122,128
Total assets 3,155,085 1,341,417
Current liabilities:    
Note payable - bank 108,966 121,966
Accounts payable 238,754 329,291
Accrued expenses and other current liabilities 271,128 221,106
Customer deposits 99,102 99,102
Due to shareholder 249,606 223,849
Total current liabilities 967,556 995,314
Total liabilities $ 967,556 $ 995,314
Stockholders' equity:    
Preferred stock, $.01 par value; 5,000,000 shares authorized, no shares issued and outstanding
Common stock, $0.0005 par value; 150,000,000 authorized, 67,008,502 and 64,939,537 shares issued and outstanding at September 30, 2015 and March 31, 2015, respectively $ 33,504 $ 32,470
Additional paid-in capital 33,195,759 32,298,094
Accumulated deficit (31,041,734) (31,984,461)
Total stockholders' equity 2,187,529 346,103
Total liabilities and stockholders' equity $ 3,155,085 $ 1,341,417