Note 13 - Restatements (Tables)

12 Months Ended

Mar. 31, 2018

Notes Tables

Schedule of Error Corrections and Prior Period Adjustments [Table Text Block]

	Quarter 1			Quarter 2			Quarter 3
As originally reported:
Revenue
Chemical	$	308,355		$	310,757		$	432,803
Electronics		493,592			343,165			123,685
Engineering		344,408			415,784			464,554
		1,146,355			1,069,706			1,021,042
Cost of revenue
Chemical		107,995			138,418			232,553
Electronics		214,723			118,317			90,021
Engineering		133,827			99,203			216,610
		456,545			355,938			539,184
Gross Profit
Chemical		200,360			172,339			200,250
Electronics		278,869			224,848			33,664
Engineering		210,581			316,581			247,944
		689,810			713,768			481,858
Gross Profit %
Chemical		65	%		55	%		46	%
Electronics		56	%		66	%		27	%
Engineering		61	%		76	%		53	%
		60	%		67	%		47	%
Operating Income
Chemical		65,446			21,109			2,068
Electronics		42,646			74,335			(21,809	)
Engineering		59,899			115,914			35,394
		167,991			211,358			15,653
Net Income (Loss)	$	91,883		$	134,559		$	(215,817	)
Adjustments:
Engineering Revenue	$	-		$	138,567		$	-
Engineering Cost of Sales		(18,667	)		(15,184	)		(81,101	)
Electronics Inventory Write Off		182,917			11,140			12,979
As adjusted
Revenue
Chemical	$	308,355		$	310,757		$	432,803
Electronics		493,592			343,165			123,685
Engineering		344,408			277,217			464,554
		1,146,355			931,139			1,021,042
Cost of revenue
Chemical		107,995			138,418			232,553
Electronics		397,640			129,457			103,000
Engineering		115,160			84,019			135,509
		620,795			351,894			471,062
Gross Profit
Chemical		200,360			172,339			200,250
Electronics		95,952			213,708			20,685
Engineering		229,248			193,198			329,045
		525,560			579,245			549,980
Gross Profit %
Chemical		65	%		55	%		46	%
Electronics		19	%		62	%		17	%
Engineering		67	%		70	%		71	%
		46	%		62	%		54	%
Operating Income
Chemical		65,446			21,109			2,068
Electronics		(140,271	)		63,195			(34,788	)
Engineering		78,566			(7,469	)		116,495
		3,741			76,835			83,775
Net Income (Loss)	$	(72,367	)	$	36		$	(147,695	)