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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Cash flows from operating activities    
Net Income $ 183,278 $ 257,266
Adjustments to reconcile net income to net cash used in operating activities:    
Depreciation 135,781 86,602
Amortization of deferred financing costs 6,667 24,939
Change in inventory reserve (81,780) (375,000)
Change in allowance for bad debts 285,919 2,329,907
Stock based compensation 33,330 115,659
Change in net deferred tax assets 54,746 139,165
Changes in operating assets and liabilities:    
Accounts receivable (19,152,434) (29,285,881)
Due from PNC Bank 6,212 242,859
Accounts receivable - related parties (861,538) (1,170,088)
Inventories (4,276,018) (9,601,863)
Prepaid expenses and other current assets (165,392) (12,280)
Other non-current assets (516)
Accounts payable 17,040,099 20,816,821
Accrued expenses 831,187 1,329,221
Due to related parties 217,595 157,579
Customer deposits 36,691 (1,543)
Refunds due to customers (434,300)
Reserve for sales returns 740,627 1,904,711
Net cash used in operating activities (5,399,846) (13,041,925)
Cash flows from investing activities    
Purchase of property and equipment (288,740) (249,584)
Net cash used in investing activities (288,740) (249,584)
Cash flows from financing activities    
Net proceeds from revolving line of credit 6,877,610 11,548,522
Net proceeds from bank term note 1,000,000
Payment of bank term note (250,000) (125,000)
Proceeds from exercise of stock options 6,400
Payment of deferred financing costs (40,000)
Payment on subordinated debt - related party (1,109,064)
Payments on capital leases (4,603)
Net cash provided by financing activities 6,629,407 11,274,458
Net change in cash 940,821 (2,017,052)
Cash at beginning of period 813,908 2,305,439
Cash at end of period 1,754,729 288,387
Supplemental disclosures of cash flow information:    
Cash paid for interest 52,513 76,868
Cash paid for income taxes 30,000
Equipment purchased under capital lease $ 43,526