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Condensed Consolidated Balance Sheets - USD ($)
Dec. 31, 2019
Mar. 31, 2019
Current assets:    
Cash and cash equivalents $ 1,667,364 $ 585,856
Accounts receivable, net 2,812,739 2,196,099
Inventories, net 3,070,529 2,932,632
Restricted cash to support appeal bond 2,007,546 2,004,871
Prepaid expenses and other current assets 362,226 275,230
Total current assets 9,920,404 7,994,688
Equipment and leasehold improvements, net 262,708 236,370
Operating lease right-of-use assets 358,379 0
Deferred tax asset, net 63,500 63,500
Other long-term assets 35,109 35,109
Total assets 10,640,100 8,329,667
Current liabilities:    
Line of credit 710,000 800,000
Finance lease obligations – current portion 1,935 6,885
Operating lease liabilities – current portion 211,471 0
Accounts payable and accrued liabilities 1,328,443 1,493,793
Deferred revenues – current portion 200,014 97,122
Accrued legal damages 5,570,846 5,312,085
Warrant liability 0 43,500
Accrued payroll, vacation pay and payroll taxes 487,887 394,296
Total current liabilities 8,510,596 8,147,681
Operating lease liabilities – long-term 146,908 0
Deferred revenues – long-term 347,299 264,669
Total liabilities 9,004,803 8,412,350
Commitments and contingencies
Stockholders’ equity (deficit):    
Preferred stock
Common stock, 7,000,000 shares authorized, par value $0.10 per share, 3,255,887 shares issued and outstanding, respectively 325,586 325,586
Paid-in capital in excess of par value, common stock 7,691,348 7,914,955
Accumulated deficit (10,905,002) (12,606,589)
Total stockholders’ equity (deficit) 1,635,297 (82,683)
Total liabilities and stockholders’ equity (deficit) 10,640,100 8,329,667
Series A Preferred Stock [Member]    
Stockholders’ equity (deficit):    
Preferred stock 3,455,998 3,275,998
Series B Preferred Stock [Member]    
Stockholders’ equity (deficit):    
Preferred stock $ 1,067,367 $ 1,007,367