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Consolidated Balance Sheets - USD ($)
Mar. 31, 2017
Mar. 31, 2016
ASSETS    
Cash and cash equivalents $ 1,982,276 $ 1,398,848
Accounts receivable, net of allowance for doubtful accounts of $25,000 at March 31, 2017 and 2016 862,619 588,875
Inventories 369,796 216,108
Prepaid expenses and other current assets 35,752 18,419
Restricted cash 0 233,050
Total current assets 3,250,443 2,455,300
Property and equipment, net of accumulated depreciation of $32,562 and $77,690, at March 31, 2017 and 2016, respectively 170,998 26,859
Inventories - long-term portion 56,611 52,657
Intangible assets, net of accumulated amortization of $9,244 and $155,062, at March 31, 2017 and 2016, respectively 11,690 13,086
Other assets 104,907 17,644
Deferred tax asset 926,000 857,000
Total other assets 1,270,206 967,246
Total assets 4,520,649 3,422,546
LIABILITIES AND STOCKHOLDERS' EQUITY    
Note payable - bank 96,966
Less: Current maturities 30,895
Accounts payable 269,007 276,171
Accrued expenses and other current liabilities 148,731 331,231
Customer deposits 125,142 108,342
Due to shareholder 195,562 246,696
Total current liabilities 769,337 1,059,406
83,812
Total liabilities 853,149 1,059,406
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, 67,588,492 and 67,008,492 shares issued and outstanding at March 31, 2017 and March 31, 2016, respectively 33,794 33,504
Additional paid-in capital 33,294,069 33,195,759
Accumulated deficit (29,660,363) (30,866,123)
Total stockholders' equity 3,667,500 2,363,140
Total liabilities and stockholders' equity $ 4,520,649 $ 3,422,546