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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
6 Months Ended
Sep. 30, 2021
Sep. 30, 2020
OPERATING ACTIVITIES:    
Net Income $ 122,337 $ 646,863
Adjustments to reconcile net income to net cash (used in) provided by operating activities:    
Depreciation and amortization 6,193 4,843
Changes in operating assets and liabilities:    
Increase in accounts receivable and amounts due from factor (1,298,992) (2,177,349)
(Increase) Decrease in inventories, prepaid expenses, and other (977,530) 1,614,722
(Decrease) Increase in accounts payable and accrued expenses (238,585) 144,989
NET CASH (USED IN) PROVIDED BY OPERATING ACTIVITIES (2,386,577) 234,068
FINANCING ACTIVITIES:    
Net borrowing (repayment) of Line of Credit - Factor 2,394,543 (402,869)
Note payable - Commercial Bank   221,400
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES 2,394,543 (181,469)
NET INCREASE IN CASH 7,966 52,599
Cash at beginning of period 160,604 93,794
CASH AT END OF PERIOD 168,570 146,393
SUPPLEMENTAL INFORMATION:    
Interest paid $ 23,798 54,088
Supplemental disclosures of non-cash activities:    
Conversion of trade accounts payable to note payable   $ 1,081,440