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Consolidated Balance Sheets - USD ($)
Mar. 31, 2019
Mar. 31, 2018
Current Assets    
Cash $ 211,408 $ 813,908
Accounts receivable, net of allowances of $51,096 and $82,102, respectively 1,769,404 1,066,839
Due from PNC Bank 2,236,779 6,212
Inventories, net 6,024,311 8,536,934
Prepaid expenses and other current assets 274,278 137,970
Deferred financing costs 13,333 13,333
Total Current Assets 10,818,454 11,732,354
Property and equipment, net 522,910 450,305
Deferred financing costs, net of current portion 3,333 16,667
Deferred tax assets 758,366 937,137
Other non-current assets 90,082 11,523
Total Assets 12,193,145 13,147,986
Current Liabilities    
Accounts payable 842,708 1,614,748
Accrued expenses 950,773 701,932
Current portion of bank term note payable 125,000 500,000
Refunds due to customers 31,075 445,484
Reserve for sales returns 896,154 726,000
Current portion of capital leases 14,414
Total Current Liabilities 3,675,491 5,091,631
Bank term note payable, net of current portion 125,000
Capital leases, net of current portion 17,499
Total Liabilities 3,692,990 5,342,206
Commitments and Contingencies
Shareholders' Equity    
Preferred stock, $1.00 par value; 1,000,000 shares authorized; no shares issued and outstanding
Additional paid-in capital 19,687,263 19,624,063
Subscriptions receivable - related party (2,200)
Accumulated deficit (11,569,556) (12,201,103)
Total Shareholders' Equity 8,500,155 7,805,780
Total Liabilities and Shareholders' Equity 12,193,145 13,147,986
Common Class A [Member]    
Shareholders' Equity    
Common stock
Common Class B [Member]    
Shareholders' Equity    
Common stock 384,648 382,820
Starlight Consumer Electronics USA, Inc. [Member]    
Current Assets    
Accounts receivable related party 7,054
Winglight Pacific Ltd [Member]    
Current Assets    
Accounts receivable related party 288,941 1,150,104
Starlight Electronics Co., Ltd [Member]    
Current Liabilities    
Due to related party 210,756
Starlight R&D, Ltd. [Member]    
Current Liabilities    
Due to related party 113,116
Merrygain Holding Co., Ltd [Member]    
Current Liabilities    
Due to related party 89,803
Subordinated Debt [Member] | Starlight Marketing Development, Ltd [Member]    
Current Liabilities    
Due to related party 815,367 689,792
Subordinated related party debt - net of current portion $ 125,575