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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
6 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Cash flows from operating activities:    
Net income (loss) $ 478,532 $ (632,200)
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Deferred income taxes 385,865 (240,130)
Depreciation and amortization 82,372 89,790
Provision for inventory obsolescence 30,713 5,000
Amortization of debt discount 0 60,935
Amortization of deferred financing costs 2,715 54,160
Change in fair value of common stock warrant 450,828 106,080
Non-cash stock-based compensation 15,043 20,904
Changes in assets and liabilities:    
Decrease in accounts receivable 764,315 1,553,016
Increase in inventories (684,702) (509,865)
Increase in prepaid expenses & other assets (96,758) (286,338)
(Decrease) increase in accounts payable and other accrued expenses (555,336) 297,393
Increase in accrued payroll, vacation pay & withholdings 95,790 47,715
Decrease in deferred revenues (4,708) (1,411)
Decrease in progress billings 0 (183,319)
Decrease in other long-term liabilities (12,600) (4,200)
Net cash provided by operating activities 952,069 377,530
Cash flows from investing activities:    
Purchases of equipment (35,772) (6,511)
Net cash used in investing activities (35,772) (6,511)
Cash flows from financing activities:    
Proceeds from bank loan 18,000 0
Repayment of notes to related parties (125,000) 0
Repayment of long-term debt (191,748) (319,189)
Repayment of capitalized lease obligations (8,088) (40,802)
Net cash used in financing activities (306,836) (359,991)
Net decrease in cash and cash equivalents 609,461 11,028
Cash and cash equivalents at beginning of period 185,932 232,118
Cash and cash equivalents at end of period 795,393 243,146
Supplemental cash flow information:    
Taxes paid 0 20,500
Interest paid 32,834 114,589
Supplemental non-cash information:    
Converted accounts payable to equity $ 0 $ 11,900