Quarterly report pursuant to Section 13 or 15(d)

NATURE OF BUSINESS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

v3.19.2
NATURE OF BUSINESS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
3 Months Ended
Jun. 30, 2019
Schedule of Accounts Receivable [Table Text Block]

 

 

June 30, 2019

 

 

March 31, 2019

 

 

 

(unaudited)

 

 

 

 

Trade receivables, net

$

4,199,323

 

$

3,142,580

 

Less: Allowance for doubtful accounts

 

(40,000)

 

 

(40,000)

 

Accrual for 2% 10 days discount

 

(41,206)

 

 

(34,399)

 

Net accounts receivable

$

4,118,117

 

$

3,068,181

 

Schedule of Inventory, Current [Table Text Block]

 

 

 

June 30, 2019

 

 

March 31, 2019

 

 

 

 

(unaudited)

 

 

 

 

Raw materials

$

818,275

 

$

1,066,105

 

 

Finished goods

 

227,038

 

 

991,907

 

 

Total inventory

$

1,045,313

 

$

2,058,012