XML 53 R6.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
9 Months Ended
Dec. 31, 2019
Dec. 31, 2018
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ (498,330) $ (442,064)
Adjustments to reconcile net income to net cash used by operating activities    
Depreciation and amortization 58,314 74,317
Inventory reserve (6,023) (44,737)
Allowance for doubtful accounts (1,377) (32,266)
Equity investment 201,751 (509,311)
Equity income 0 (58,427)
Changes in operating assets and liabilities:    
Accounts receivable (129,649) 687,194
Inventories (8,180) 12,259
Prepaid expenses 217,696 177,720
Accounts payable 217,459 339,091
Accrued liabilities (65,483) (152,284)
Deferred revenue 48,915 (21,662)
Due to related parties 0 (51,778)
Net cash used by operating activities 35,093 (21,948)
Net increase (decrease) in cash 35,093 (21,948)
Effect of exchange rate changes on cash and cash equivalents (83) 12,561
CASH AND CASH EQUIVALENTS, BEGINNING 66,539 92,875
CASH AND CASH EQUIVALENTS, ENDING 101,549 83,488
Supplemental Information:    
Interest paid 5,039 5,390
Income taxes paid $ 0 $ 0