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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2016
Dec. 31, 2015
Net sales $ 4,236,519 $ 5,970,865 $ 14,654,917 $ 18,635,174
Cost of sales 2,602,268 3,936,108 9,318,425 12,541,656
Gross margin 1,634,251 2,034,757 5,336,492 6,093,518
Operating expenses:        
Selling, general and administrative 865,370 767,923 2,652,252 2,517,487
Engineering, research and development 615,007 541,502 1,783,655 1,477,290
Total operating expenses 1,480,377 1,309,425 4,435,907 3,994,777
Income from operations 153,874 725,332 900,585 2,098,741
Other income (expense):        
Amortization of deferred financing costs (1,359) (1,357) (4,072) (4,072)
Change in fair value of common stock warrants 37,000 (246,751) 288,203 (697,579)
Interest expense (11,620) (23,687) (46,953) (79,156)
Total other income (expense) 24,021 (271,795) 237,178 (780,807)
Income before income taxes 177,895 453,537 1,137,763 1,317,934
Income tax expense 36,382 226,951 313,886 612,816
Net income $ 141,513 $ 226,586 $ 823,877 $ 705,118
Basic income (loss) per common share (in Dollars per share) $ 0.04 $ 0.07 $ 0.25 $ 0.22
Diluted income per common share (in Dollars per share) $ 0.03 $ 0.07 $ 0.23 $ 0.22
Weighted average shares outstanding:        
Basic (in Shares) 3,255,887 3,256,887 3,255,887 3,256,887
Diluted (in Shares) 3,265,135 3,261,690 3,266,532 3,261,955