v3.7.0.1
CONSOLIDATED BALANCE SHEET - USD ($)
Jun. 30, 2017
Mar. 31, 2017
Current assets    
Cash and cash equivalents $ 441,827 $ 603,805
Accounts receivable 2,283,626 1,419,281
Inventory 837,311 819,988
Prepaid expenses 285,085 307,247
Total current assets 3,847,849 3,150,321
Fixed assets - net 1,101,452 1,120,148
Total assets 4,949,301 4,270,469
Current liabilities    
Accounts payable 1,355,146 1,343,824
Accrued expenses 448,522 455,916
Revolving financing 2,064,956 1,436,083
Current portion of capital leases 156,829 190,207
Derivative liability 3,407 3,407
Total current liabilities 4,028,860 3,429,437
Long-term Liabilities    
Capitalized leases 0 8,006
Convertible notes payable, net of debt discount 224,667 0
Total long-term liabilities 224,667 8,006
Total liabilities 4,253,527 3,437,443
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, Series D issued 3,000,000 26,000 23,000
Common stock, Class A - $0.001 par value, 200,000,000 shares authorized 18,263,739 and 17,532,451 shares issued and outstanding at June 30, 2017 and March 31, 2017 respectively 18,262 17,531
Additional paid in capital 25,811,800 24,181,029
Accumulated deficit (25,160,288) (23,388,534)
Total stockholders' equity 695,774 833,026
Total liabilities and stockholders' equity $ 4,949,301 $ 4,270,469

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