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Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2023
Mar. 31, 2023
Current assets:    
Cash $ 356,942 $ 3,839,398
Accounts receivable, net 941,826 900,881
Inventories, net 4,102,786 3,586,065
Restricted cash to support appeal bond 0 2,011,083
Prepaid expenses and other current assets 233,670 817,625
Total current assets 5,635,224 11,155,052
Equipment and leasehold improvements, net 93,194 85,167
Operating lease right-of-use assets 1,426,491 1,526,551
Deferred tax asset, net 2,720,638 2,627,935
Other long-term assets 35,109 35,109
Total assets 9,910,656 15,429,814
Current liabilities:    
Line of credit 690,000 690,000
Operating lease liabilities – current portion 206,060 202,087
Accounts payable 607,564 322,582
Deferred revenues - current portion 132,345 123,117
Accrued expenses ‐vacation pay, payroll and payroll withholdings 307,757 240,034
Accrued legal damages 0 6,360,698
Accrued expenses - other 186,553 157,896
Total current liabilities 2,130,279 8,096,414
Operating lease liabilities – long-term 1,220,431 1,324,464
Other long term liabilities 49,459 53,416
Deferred revenues – long-term 142,497 173,883
Total liabilities 3,542,666 9,648,177
Commitments and contingencies 0 0
Stockholders’ equity:    
Common stock, 7,000,000 shares authorized, par value $0.10 per share, 3,255,887 and 3,255,887 shares issued and outstanding, respectively 325,586 325,586
Additional paid-in capital 6,564,040 6,721,535
Accumulated deficit (6,488,710) (6,348,849)
Total stockholders’ equity 6,367,990 5,781,637
Total liabilities and stockholders’ equity 9,910,656 15,429,814
Series A Preferred Stock [Member]    
Stockholders’ equity:    
Preferred stock 3,995,998 3,875,998
Series B Preferred Stock [Member]    
Stockholders’ equity:    
Preferred stock 1,648,701 1,207,367
Series C Preferred Stock [Member]    
Stockholders’ equity:    
Preferred stock $ 322,375 $ 0