7. Accrued Expenses

12 Months Ended

Mar. 31, 2015

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,
	2015		2014

Accrued vacation pay	$	328,777	$	267,991
Accrued compensation and payroll withholdings		265,337		176,247

	$	594,114	$	444,238

Accrued vacation pay, payroll and payroll withholdings includes $99,899 and $48,529 at March 31, 2015 and 2014, respectively, which is due to officers.

Accrued expenses - other consist of the following:

	March 31,
	2015		2014

Accrued interest	$	3,230	$	17,672
Accrued outside contractor costs		1,245		104,610
Accrued commissions		117,523		188,840
Accrued legal costs		126,740		215,582
Warranty reserve		140,333		194,062
Accrued – other		206,366		198,521

	$	595,437	$	919,287

The following table provides a summary of the changes in warranty reserves for the years ended March 31, 2015 and 2014:

	March 31, 2015			March 31, 2014
Warranty reserve, at beginning of period	$	194,062		$	287,470
Warranty expense		279,955			288,685
Warranty deductions		(333,684	)		(382,093	)
Warranty reserve, at end of period	$	140,333		$	194,062

Accrued expenses – related parties consists of the following:

	March 31,
	2015		2014

Interest due to the estate of the Company’s former Chairman	$	85,174	$	61,518
Interest and other expenses due to the Company’s President/CEO		85,174		61,518

	$	170,348	$	123,036