CONSOLIDATED BALANCE SHEETS (USD $)	Mar. 31, 2014	Mar. 31, 2013
Current assets:
Cash and cash equivalents	$ 1,086,701	$ 3,075,376
Accounts receivable, less allowance for doubtful accounts of $25,010 in 2014 and 2013	2,280,469	4,330,637
Costs incurred on uncompleted contracts, in excess of progress billings	5,258,002	4,298,293
Inventories- raw materials	293,326	354,516
Income taxes receivable	8,062	374,030
Current deferred taxes	991,096	255,765
Other current assets	461,245	1,578,484
Total current assets	10,378,901	14,267,101
Property, plant and equipment, net	6,489,212	7,300,248
Other noncurrent assets, net	105,395
Total assets	16,973,508	21,567,349
Current liabilities:
Accounts payable	2,888,385	2,537,060
Accrued expenses	3,893,028	1,874,924
Accrued taxes payable		232,624
Deferred revenues	1,461,689	253,813
Revolving credit facility		500,000
Debt	4,169,771	5,784,479
Total current liabilities	12,412,873	11,182,900
Long-term debt, including capital leases	38,071	31,108
Noncurrent deferred taxes	991,096	255,765
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 Preferred Stock, with 2,477,508 and 5,532,998 shares issued and outstanding at March 31, 2014 and 2013, (liquidation preference of $706,090 and $1,576,904 at March 31, 2014 and 2013)	644,110	1,310,206
Common stock -par value $.0001 per share, authorized, 90,000,000 shares issued and outstanding, 23,951,004 shares at March 31, 2014 and 19,956,871 at March 31, 2013	2,395	1,996
Additional paid in capital	6,105,211	5,076,552
Accumulated other comprehensive loss	(55,097)	(221,418)
Retained earnings (accumulated deficit)	(3,165,151)	3,930,240
Total stockholders' equity	3,531,468	10,097,576
Total liabilities and stockholders' equity	$ 16,973,508	$ 21,567,349