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Consolidated Balance Sheets - USD ($)
Mar. 31, 2019
Mar. 31, 2018
Current assets:    
Cash $ 585,856 $ 307,812
Accounts receivable, net of allowance for doubtful accounts of $7,500 and $7,500, respectively 2,196,099 1,095,049
Inventories, net 2,932,632 4,269,934
Restricted cash to support appeal bond 2,004,871 2,000,866
Prepaid expenses and other current assets 275,230 147,746
Total current assets 7,994,688 7,821,407
Equipment and leasehold improvements, net 236,370 180,763
Deferred tax asset, net 63,500 63,500
Other assets 35,109 35,109
Total assets 8,329,667 8,100,779
Current liabilities:    
Current portion of long-term debt 0 2,124
Line of credit 800,000 1,000,000
Capital lease obligations – current portion 6,885 6,875
Accounts payable 1,058,304 2,307,813
Deferred revenues – current portion 97,122 60,051
Accrued expenses - vacation pay, payroll and payroll withholdings 394,296 447,863
Accrued legal damages 5,312,085 5,059,990
Accrued expenses - related parties 3,017 31,151
Accrued expenses – other 432,472 241,419
Warrant liability 43,500 0
Total current liabilities 8,147,681 9,157,286
Capital lease obligations – long-term 0 6,885
Deferred revenues – long-term 264,669 337,676
Total liabilities 8,412,350 9,501,847
Commitments and contingencies
Stockholders’ deficit    
Preferred stock
Common stock, 7,000,000 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 7,914,955 8,046,975
Accumulated deficit (12,606,589) (12,809,627)
Total stockholders’ deficit (82,683) (1,401,068)
Total liabilities and stockholders’ deficit 8,329,667 8,100,779
Series A Preferred Stock [Member]    
Stockholders’ deficit    
Preferred stock 3,275,998 3,035,998
Series B Preferred Stock [Member]    
Stockholders’ deficit    
Preferred stock $ 1,007,367 $ 0