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Consolidated Balance Sheets - USD ($)
Mar. 31, 2022
Mar. 31, 2021
Current assets:    
Cash $ 4,949,690 $ 3,485,275
Accounts receivable, net of allowance for doubtful accounts of $7,425 and $7,500, respectively 1,049,040 1,933,321
Inventories, net 2,820,497 3,437,989
Restricted cash to support appeal bond 2,011,050 2,011,050
Prepaid expenses and other current assets 244,040 263,067
Total current assets 11,074,317 11,130,702
Equipment and leasehold improvements, net 115,338 200,769
Operating lease right-of-use assets 1,720,921 1,922,805
Deferred tax asset, net 2,499,587 2,675,040
Other assets 35,109 35,110
Total assets 15,445,272 15,964,426
Current liabilities:    
Operating lease liabilities – current portion 194,370 201,883
Accounts payable 406,489 906,149
Deferred revenues – current portion 119,835 150,709
Accrued expenses - vacation pay, payroll and payroll withholdings 410,538 457,232
Accrued legal damages 6,097,273 5,889,023
Accrued expenses – other 174,145 365,975
Total current liabilities 7,402,650 7,970,971
Operating lease liabilities – long-term 1,526,551 1,720,921
Long term debt-PPP 0 722,577
Deferred revenues – long-term 289,071 332,428
Total liabilities 9,218,272 10,746,897
Commitments and contingencies
Stockholders’ equity    
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 7,018,353 7,318,620
Accumulated deficit (5,960,304) (7,270,042)
Total stockholders’ equity 6,227,000 5,217,529
Total liabilities and stockholders’ equity 15,445,272 15,964,426
Series A Preferred Stock [Member]    
Stockholders’ equity    
Preferred stock 3,695,998 3,695,998
Series B Preferred Stock [Member]    
Stockholders’ equity    
Preferred stock $ 1,147,367 $ 1,147,367