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Condensed Consolidated Statements of Operations - USD ($)
3 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Income Statement [Abstract]    
Net sales $ 2,939,437 $ 3,306,462
Cost of sales 1,434,826 1,724,858
Gross margin 1,504,611 1,581,604
Selling, general and administrative 661,251 612,471
Litigation costs 2,696 10,507
Engineering, research and development 631,953 525,103
Total operating expenses 1,295,900 1,148,081
Income from operations 208,711 433,523
Change in fair value of common stock warrants 0 (78,500)
Other income 13,854 0
Interest income 2,846 1,000
Interest expense – judgment (75,144) (80,510)
Interest expense (9,780) (17,737)
Total other expense (68,224) (175,747)
Income before income taxes 140,487 257,776
Income tax expense 29,507 0
Net income 110,980 257,776
Preferred stock dividends (80,000) (80,000)
Net income attributable to common shareholders $ 30,980 $ 177,776
Basic income per common share (in Dollars per share) $ 0.01 $ 0.05
Diluted income per common share (in Dollars per share) $ 0.01 $ 0.04
Weighted average shares outstanding:    
Basic (in Shares) 3,255,887 3,255,887
Diluted (in Shares) 3,255,887 4,915,665