19. Quarterly Results of Operations (Unaudited) (Tables)

12 Months Ended

Mar. 31, 2014

Quarterly Financial Information Disclosure [Abstract]

Schedule of Quarterly Financial Information [Table Text Block]

Quarterly consolidated data for the years ended March 31, 2014 and 2013 is as follows:

FY 2014	June 30			September 30			December 31			March 31
Net sales	$	3,199,975		$	4,034,581		$	4,089,029		$	4,504,706
Gross margin		1,186,158			1,275,749			1,395,687			2,506,293	(1)
Income (loss) before taxes		(103,641	)		(61,614	)		(87,081	)		956,709
Net income (loss)		(85,772	)		(72,474	)		(145,933	)		565,707
Basic income (loss) per share		(0.03	)		(0.02	)		(0.04	)		0.17
Diluted income (loss) per share		(0.03	)		(0.02	)		(0.04	)		0.14

	Quarter Ended
FY 2013	June 30			September 30			December 31			March 31
Net sales	$	1,177,288		$	2,394,950		$	2,350,020		$	1,905,000
Gross margin		283,694			602,423			453,368			(378,263	)	(2)
Income before taxes		(832,344	)		(878,276	)		(848,965	)		(1,756,566	)
Net income (loss) (1)		(668,800	)		(429,705	)		(545,177	)		(1,128,889	)
Basic income (loss) per share (1)		(0.25	)		(0.16	)		(0.19	)		(0.38	)
Diluted income (loss) per share (1)		(0.25	)		(0.16	)		(0.19	)		(0.38	)

(1) As part of the agreement with the Company’s subcontractor to secure the IP (see Note 6), upon payment of the $1,200,000, the outstanding amount due to the subcontractor in the amount of $790,535 was discharged and is recorded as a reduction of cost of goods sold.

(2) During the fourth quarter of fiscal 2013, the Company recorded a write down of inventory of approximately of $180,000 related to book to physical adjustments, approximately $200,000 of additional third party costs related to vendor services, manufacturing variances, and incurred charges related to temporarily curtailing production in order to enhance quality procedures in its production process.