v3.8.0.1
CONSOLIDATED BALANCE SHEET - USD ($)
Sep. 30, 2017
Mar. 31, 2017
Current assets    
Cash and cash equivalents $ 481,831 $ 603,805
Accounts receivable 1,848,845 1,419,281
Inventory 634,347 819,988
Prepaid expenses 340,161 307,247
Total current assets 3,305,184 3,150,321
Fixed assets - net 1,154,035 1,120,148
Total assets 4,459,219 4,270,469
Current liabilities    
Accounts payable 1,451,780 1,343,824
Accrued expenses 611,833 455,916
Revolving financing 1,846,026 1,436,083
Current portion of capital leases 112,752 190,207
Derivative liability 3,407 3,407
Total current liabilities 4,025,798 3,429,437
Long-term Liabilities    
Capitalized leases 0 8,006
Convertible notes payable, net of debt discount 0 0
Total long-term liabilities 0 8,006
Total liabilities 4,025,798 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 1,500,000, Series D issued 3,000,000 24,500 23,000
Common stock, Class A - $0.001 par value, 200,000,000 shares authorized 20,540,918 and 17,532,451 shares issued and outstanding at September 30, 2017 and March 31, 2017 respectively 20,540 17,531
Additional paid in capital 26,657,897 24,181,029
Accumulated deficit (26,269,516) (23,388,534)
Total stockholders' equity 433,421 833,026
Total liabilities and stockholders' equity $ 4,459,219 $ 4,270,469

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