Consolidated Balance Sheets - USD ($)	Mar. 31, 2017	Mar. 31, 2016
Current assets:
Cash	$ 287,873	$ 972,633
Accounts receivable, net of allowance for doubtful accounts of $7,500 and $7,500, respectively	1,556,382	1,454,361
Inventories, net	4,208,179	4,679,032
Prepaid expenses and other current assets	188,578	128,071
Total current assets	6,241,012	7,234,097
Equipment and leasehold improvements, net	161,427	193,518
Deferred tax asset – non-current	0	2,643,633
Other assets	33,509	36,871
Total assets	6,435,948	10,108,119
Current liabilities:
Current portion of long-term debt	291,991	418,255
Line of credit	200,000	0
Capital lease obligations – current portion	6,268	10,232
Accounts payable	1,428,320	1,686,469
Deferred revenues – current portion	123,720	48,766
Federal and state taxes payable	4,105	53,623
Accrued expenses - vacation pay, payroll and payroll withholdings	527,413	836,589
Accrued legal damages	2,800,000	0
Accrued expenses - related parties	45,586	213,344
Accrued expenses – other	599,049	501,687
Total current liabilities	6,026,452	3,768,965
Subordinated notes payable – related parties	0	25,000
Capital lease obligations – long-term	13,760	20,524
Long-term debt, net of debt discount	2,124	304,560
Warrant liability	95,000	1,136,203
Deferred revenues – long-term	352,973	172,703
Other long-term liabilities	0	7,800
Total liabilities	6,490,309	5,435,755
Commitments and contingencies
Stockholders’ (deficit) equity
Common stock, 4,000,000 shares authorized, par value $.10 per share, 3,255,887 and 3,255,887 shares issued and outstanding, respectively	325,586	325,586
Additional paid-in capital	8,107,369	8,074,655
Accumulated deficit	(8,487,316)	(3,727,877)
Total stockholders’ (deficit) equity	(54,361)	4,672,364
Total liabilities and stockholders’ (deficit) equity	$ 6,435,948	$ 10,108,119