CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
|
Dec. 31, 2018 |
Mar. 31, 2018 |
| Current assets: |
|
|
| Cash and cash equivalents |
$ 1,837,925
|
$ 2,689,110
|
| Accounts receivable, net |
147,788
|
1,446,982
|
| Contract assets |
7,968,711
|
347,896
|
| Inventories |
1,980,838
|
2,088,485
|
| Other current assets |
464,714
|
450,540
|
| Total current assets |
12,399,976
|
7,023,013
|
| Property, plant and equipment, net |
5,046,757
|
5,202,448
|
| Deferred income taxes |
2,311,440
|
2,046,298
|
| Other noncurrent assets, net |
7,138
|
6,860
|
| Total assets |
19,765,311
|
14,278,619
|
| Current liabilities: |
|
|
| Accounts payable |
625,598
|
345,705
|
| Accrued expenses |
878,112
|
788,084
|
| Contract liabilities |
4,693,889
|
180,706
|
| Current portion of long-term debt |
807,059
|
766,354
|
| Total current liabilities |
7,004,658
|
2,080,849
|
| Long-term debt, including capital leases |
3,611,430
|
4,185,274
|
| Commitments and contingent liabilities (see Note 15) |
|
|
| Stockholders' Equity: |
|
|
| Common stock - par value $.0001 per share, 90,000,000 shares authorized, 28,949,593 shares issued and outstanding at December 31, 2018, and 28,824,593 shares issued and outstanding at March 31, 2018 |
2,895
|
2,882
|
| Additional paid in capital |
8,668,709
|
8,561,995
|
| Accumulated other comprehensive income |
21,834
|
24,236
|
| Retained earnings (accumulated deficit) |
455,785
|
(576,617)
|
| Total stockholders' equity |
9,149,223
|
8,012,496
|
| Total liabilities and stockholders' equity |
$ 19,765,311
|
$ 14,278,619
|