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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Cash flows from operating activities:    
Net income (loss) $ 1,004,153 $ (280,440)
Adjustments to reconcile net (loss) income to net cash (Used in) provided by operating activities:    
Deferred income taxes 798,345 (79,372)
Allowance for doubtful accounts (17,295) (2,487)
Depreciation and amortization 164,774 177,291
Amortization of debt discount 0 75,308
Amortization of deferred financing costs 5,429 69,165
Change in fair value of common stock warrant 617,241 164,653
Provision for inventory obsolescence 60,713 24,287
Loss on extinguishment of debt 0 188,102
Non-cash stock-based compensation 32,277 33,008
Changes in assets and liabilities:    
Decrease in accounts receivable 188,105 472,956
Increase in inventories (707,671) (16,959)
Decrease (increase) in prepaid expenses and other assets 153,279 (2,057)
(Decrease) increase in accounts payable (1,125,312) 521,923
Increase (decrease) in deferred revenues 69,210 (18,843)
Increase in federal and state taxes payable 53,623 0
Increase in accrued payroll, vacation pay & withholdings 242,475 149,876
Decrease in accrued expenses – related party and other (50,754) (276,538)
Decrease in progress billings 0 (775,475)
Decrease in other long-term liabilities (25,200) (23,100)
Net cash provided by operating activities 1,463,392 401,298
Cash flows from investing activities:    
Acquisition of equipment (61,306) (11,221)
Net cash used in investing activities (61,306) (11,221)
Cash flows from financing activities:    
Proceeds from exercise of stock options 0 26,610
Repayment of subordinated notes - related parties (225,000) 0
Proceeds from issuance of debt 18,000 1,200,000
Expenses associated with long-term debt 0 (16,287)
Repayment of long-term debt (391,628) (1,592,977)
Repayment of capitalized lease obligations (16,757) (53,609)
Net cash used in financing activities (615,385) (436,263)
Net increase (decrease) in cash 786,701 (46,186)
Cash, beginning of year 185,932 232,118
Cash, end of year 972,633 185,932
Supplemental cash flow information:    
Taxes paid 0 20,500
Interest paid 59,100 166,040
Supplemental non-cash information:    
Capital lease obligations $ 26,194 $ 0