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Condensed Consolidated Balance Sheets - USD ($)
Dec. 31, 2018
Mar. 31, 2018
Current assets:    
Cash $ 3,680,559 $ 7,179,237
Accounts Receivable, net of allowance for doubtful accounts of $-0- and $-0-, respectively 660,443 675,879
Inventory 4,192,385 4,898,001
Prepaid expenses and other current assets 897,817 949,284
Total current assets 9,431,204 13,702,401
Property and equipment, net of accumulated depreciation of $9,340,159 and $8,408,979, respectively 8,755,408 8,993,708
Intangible assets, net of accumulated amortization of $-0- and $-0-, respectively 7,713,001 7,713,001
Other assets:    
Restricted cash - debt service for NJEDA bonds 396,135 391,566
Security deposits 81,616 81,932
Total other assets 477,751 473,498
TOTAL ASSETS 26,377,364 30,882,608
Current liabilities:    
Accounts Payable 2,309,109 1,658,137
Accrued expenses 3,031,398 1,788,571
Deferred revenue, current portion 1,013,333 1,013,333
Bonds payable, current portion, net of bond issuance costs 80,822 75,822
Loans payable, current portion 505,747 578,841
Total current liabilities 6,940,409 5,114,704
Long-term liabilities:    
Deferred revenue, net of current portion 492,223 1,252,223
Bonds payable, net of current portion and bond issuance costs 1,423,769 1,508,134
Senior secured promissory note - related party 1,200,000 1,200,000
Loans payable, net current portion 775,188 623,020
Derivative financial instruments - warrants 1,860,524 2,667,871
Other long-term liabilities 45,885 41,144
Total long-term liabilities 5,797,589 7,292,392
TOTAL LIABILITIES 12,737,998 12,407,096
Mezzanine equity    
Series J convertible preferred stock; par value $0.01; 50 shares authorized, 24.0344 issued and outstanding as of December 31, 2018; 50 shares authorized, 24.0344 issued and outstanding as of March 31, 2018 13,903,960 13,903,960
Shareholders' equity:    
Common stock; par value $0.001; 995,000,000 shares authorized; 820,500,139 shares issued and 820,400,139 outstanding as of December 31, 2018; 802,626,761 shares issued and 802,526,761 shares outstanding as of March 31, 2018 820,502 802,629
Additional paid-in capital 148,364,099 146,602,502
Treasury stock; 100,000 shares as of December 31, 2018 and March 31, 2018; at cost (306,841) (306,841)
Accumulated deficit (149,142,354) (142,526,738)
TOTAL SHAREHOLDERS' EQUITY (264,594) 4,571,552
TOTAL LIABILITIES, MEZZANINE EQUITY AND SHAREHOLDERS' EQUITY $ 26,377,364 $ 30,882,608