v3.7.0.1
CONSOLIDATED BALANCE SHEET - USD ($)
Mar. 31, 2017
Mar. 31, 2016
Current assets    
Cash and cash equivalents $ 603,805 $ 1,192,119
Accounts receivable 1,419,281 911,390
Inventory 819,988 434,708
Prepaid expenses 307,247 10,806
Total current assets 3,150,321 2,549,023
Fixed assets - net 1,120,148 1,226,534
Total assets 4,270,469 3,775,557
Current liabilities    
Accounts payable 1,343,824 847,452
Accrued expenses 455,916 251,613
Revolving financing 1,436,083 475,273
Current portion of capital leases 190,207 243,623
Note payable, net of debt discount 0 283,120
Note payable with original issue discount, net of debt discount 0 41,248
Derivative liability 3,407 11,143
Total current liabilities 3,429,437 2,153,472
Long-term Liabilities    
Capitalized leases 8,006 95,204
Total long-term liabilities 8,006 95,204
Total liabilities 3,437,443 2,248,676
Stockholders' equity    
Preferred stock, $0.001 par value, 100,000,000 shares authorized, Series A issued 20,000,000, Series C issued 3,000,000 23,000 23,000
Common stock, Class A - $0.001 par value, 200,000,000 shares authorized 17,532,451 and 14,568,970 share issued and outstanding at March 31, 2017 and March 31, 2016, respectively 17,531 14,568
Additional paid in capital 24,181,029 21,423,247
Accumulated deficit (23,388,534) (19,933,934)
Total stockholders' equity 833,026 1,526,881
Total liabilities and stockholders' equity $ 4,270,469 $ 3,775,557

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