CONSOLIDATED BALANCE SHEETS (USD $)	Sep. 30, 2012	Mar. 31, 2012
Current assets:
Cash and cash equivalents	$ 2,138,756	$ 2,823,485
Accounts receivable, less allowance for doubtful accounts of $25,010 and $25,010	4,684,370	4,901,791
Costs incurred on uncompleted contracts, in excess of progress billings	4,858,217	3,910,026
Inventories- raw materials	578,047	373,544
Income taxes receivable	1,198,099	1,751,169
Current deferred taxes	1,054,847	1,020,208
Other current assets	1,425,755	1,486,954
Total current assets	15,938,091	16,267,177
Property, plant and equipment, net	7,125,796	7,395,445
Noncurrent deferred taxes	396,604	118,005
Other noncurrent assets, net	158,422	270,630
Total assets	23,618,913	24,051,257
Current liabilities:
Accounts payable	2,026,595	1,361,611
Accrued expenses	1,538,459	2,424,695
Accrued taxes payable	159,987	159,987
Deferred revenues	1,730,866	799,413
Current maturity of long-term debt	1,079,676	1,358,933
Total current liabilities	6,535,583	6,104,639
Long-term debt, including capital leases	5,418,000	5,776,294
Commitments and contingent liabilities (see Note 16)
Stockholders' Equity:
Preferred stock - par value $.0001 per share, 10,000,000 shares authorized, of which 9,890,980 are designated as Series A Convertible Preferred Stock, with 6,337,998 and 7,035,982 shares issued and outstanding at September 30, 2012 and March 31, 2012, (liquidation preference of $1,806,329 and $2,005,254 at September 30, 2012 and March 31, 2012)	1,485,696	1,637,857
Common stock - par value $0.0001 per share, authorized, 90,000,000 shares issued and outstanding, 18,904,577 shares at September 30, 2012 and 17,992,177 at March 31, 2012	1,890	1,799
Additional paid in capital	4,844,253	4,412,075
Accumulated other comprehensive loss	(257,397)	(223,584)
Retained earnings	5,590,888	6,342,177
Total stockholders' equity	11,665,330	12,170,324
Total liabilities and stockholders' equity	$ 23,618,913	$ 24,051,257