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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Net sales $ 1,787,165 $ 5,076,029 $ 5,329,242 $ 10,418,398
Cost of sales 1,387,295 3,250,441 3,688,082 6,716,157
Gross margin 399,870 1,825,588 1,641,160 3,702,241
Operating expenses:        
Selling, general and administrative 626,395 687,013 1,332,681 1,460,042
Litigation expenses 43,333 188,125 425,845 326,840
Legal damages 2,100,000 0 2,100,000 0
Engineering, research and development 529,667 583,771 1,144,940 1,168,648
Total operating expenses 3,299,395 1,458,909 5,003,466 2,955,530
(Loss) income from operations (2,899,525) 366,679 (3,362,306) 746,711
Other income (expense):        
Proceeds from life insurance 0 0 92,678 0
Amortization of deferred financing costs (1,357) (1,357) (2,714) (2,713)
Change in fair value of common stock warrants (5,000) 34,000 90,000 251,203
Interest expense (14,707) (17,507) (24,338) (35,333)
Total other (expense) income (21,064) 15,136 155,626 213,157
(Loss) income before income taxes (2,920,589) 381,815 (3,206,680) 959,868
Income tax expense 0 109,760 0 277,504
Net (loss) income $ (2,920,589) $ 272,055 $ (3,206,680) $ 682,364
Basic (loss) income per common share (in Dollars per share) $ (0.90) $ 0.08 $ (0.98) $ 0.21
Diluted (loss) income per common share (in Dollars per share) $ (0.90) $ 0.07 $ (0.98) $ 0.20
Weighted average shares outstanding:        
Basic (in Shares) 3,255,887 3,255,887 3,255,887 3,255,887
Diluted (in Shares) 3,255,887 3,266,133 3,255,887 3,267,192