XML 20 R57.htm IDEA: XBRL DOCUMENT v2.4.0.8
INCOME TAXES (Details 3) (USD $)
Mar. 31, 2014
Mar. 31, 2013
Mar. 31, 2012
Deferred tax assets:      
Federal net operating loss carryforward $ 2,076,141 $ 2,189,622 $ 2,579,924
State net operating loss carryforward 413,401 413,849 431,306
AMT credit carryforward 36,808 36,808 70,090
Inventory differences 490,716 358,130 438,773
Allowance for doubtful accounts 66,658 67,849 57,308
Reserve for sales returns 90,895 81,082 74,718
Stock option compensation expense 59,713 0 0
Stock warrants 39,193 0 0
Charitable contributions 0 0 60,700
Accrued Vacation 10,241 9,839 9,551
Depreciation and amortization 0 81,739 135,660
Amortization of reorganization intangible 0 0 7,664
Total deferred tax assets 3,283,766 3,238,918 3,865,694
Deferred tax liability:      
Depreciation (86,091) 0 0
Net deferred tax asset before valuation allowance 3,197,675 3,238,918 3,865,694
Valuation allowance (799,419) (1,619,459) (3,865,694)
Net deferred tax assets $ 2,398,256 $ 1,619,459 $ 0