CONSOLIDATED BALANCE SHEETS (USD $)	Jun. 30, 2013	Mar. 31, 2013
Current assets:
Cash and cash equivalents	$ 2,444,769	$ 3,075,376
Accounts receivable, less allowance for doubtful accounts of $25,010 in 2013 and 2012	3,813,382	4,330,637
Costs incurred on uncompleted contracts, in excess of progress billings	3,250,703	4,298,293
Inventories- raw materials	366,866	354,516
Income taxes receivable	374,030	374,030
Current deferred taxes	255,765	255,765
Other current assets	1,436,395	1,578,484
Total current assets	11,941,910	14,267,101
Property, plant and equipment, net	7,108,458	7,300,248
Total assets	19,050,368	21,567,349
Current liabilities:
Accounts payable	966,302	2,537,060
Accrued expenses	2,436,875	1,874,924
Accrued taxes payable	232,624	232,624
Deferred revenues	103,521	253,813
Short-term debt	500,000	500,000
Current maturity of long-term debt	5,612,521	5,784,479
Total current liabilities	9,851,843	11,182,900
Long-term debt, including capital leases	30,448	31,108
Noncurrent deferred taxes	255,765	255,765
Commitments and contingent liabilities (see Note 15)
Stockholders' Equity:
Preferred stock- par value $.0001 per share, 10,000,000 shares authorized, of which 9,890,980 are designated as Series A Preferred Stock, with 5,532,998 shares issued and outstanding at June 30, 2013 and March 31, 2013, (liquidation preference of $1,576,904 at June 30, 2013 and March 31, 2013)	1,310,206	1,310,206
Common stock -par value $.0001 per share, authorized, 90,000,000 shares issued and outstanding, 19,956,871 shares at June 30, 2013 and March 31, 2013	1,996	1,996
Additional paid in capital	5,202,644	5,076,552
Accumulated other comprehensive loss	(108,869)	(221,418)
Retained earnings	2,506,335	3,930,240
Total stockholders' equity	8,912,312	10,097,576
Total liabilities and stockholders' equity	$ 19,050,368	$ 21,567,349