7. Accrued Expenses

12 Months Ended

Mar. 31, 2014

Accounts Payable and Accrued Liabilities Disclosure [Text Block]

7. Accrued Expenses

Accrued vacation pay, deferred wages, payroll and payroll withholdings consist of the following:

	March 31,
	2014		2013

Accrued vacation pay	$	267,991	$	273,612
Accrued compensation and payroll withholdings		176,247		168,910

	$	444,238	$	442,522

Accrued vacation pay, payroll and payroll withholdings includes $48,529 and $40,500 at March 31, 2014 and 2013, respectively, which is due to officers.

Accrued expenses - other consist of the following:

	March 31,
	2014		2013

Accrued interest	$	17,672	$	110,751
Accrued outside contractor costs		104,610		882,351
Accrued commissions		188,840		8,448
Accrued legal costs		215,582		40,688
Warranty reserve		194,062		287,470
Accrued – other		198,521		95,294

	$	919,287	$	1,425,002

The following table provides a summary of the changes in warranty reserves for the years ended March 31, 2014 and 2013:

	March 31, 2014			March 31, 2013
Warranty reserve, at beginning of period	$	287,470		$	271,629
Warranty expense		288,685			203,783
Warranty deductions		(382,093	)		(187,942	)
Warranty reserve, at end of period	$	194,062		$	287,470

Accrued expenses – related parties consists of the following:

	March 31,
	2014		2013

Interest due to the estate of the Company’s former Chairman	$	61,518	$	46,518
Interest and other expenses due to the Company’s President/CEO		61,518		54,018

	$	123,036	$	100,536