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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 9 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2018
Dec. 31, 2017
Net sales $ 4,491,862 $ 3,555,431 $ 13,064,110 $ 10,456,484
Cost of goods sold - acquired from Joint Venture 2,974,182 2,410,122 8,389,977 7,022,745
Cost of goods sold - other 456,302 77,761 916,119 225,870
GROSS PROFIT 1,061,378 1,067,548 3,758,014 3,207,869
Selling, general and administrative expense 1,120,585 1,136,033 3,416,924 3,425,754
Research and development expense 86,461 169,521 360,766 512,945
Operating loss (145,668) (238,006) (19,676) (730,830)
Other expense:        
Loss from investment in Hong Kong Joint Venture (255,401) (676,705) (764,197) (854,826)
Interest expense (115,924) (100,085) (293,277) (140,728)
NET LOSS $ (516,993) $ (1,014,796) $ (1,077,150) $ (1,726,384)
Loss per share:        
Basic and diluted $ (0.22) $ (0.44) $ (0.47) $ (0.75)
Shares used in computing net loss per share:        
Weighted average basic and diluted shares outstanding 2,312,887 2,312,887 2,312,887 2,312,887