CONSOLIDATED BALANCE SHEETS (USD $)	Sep. 30, 2014	Mar. 31, 2014
Current assets:
Cash and cash equivalents	$ 849,264	$ 1,086,701
Accounts receivable, less allowance for doubtful accounts of $25,010 in 2014 and 2013	2,051,843	2,280,469
Costs incurred on uncompleted contracts, in excess of progress billings	3,910,821	5,258,002
Inventories- raw materials	198,536	293,326
Income taxes receivable	8,062	8,062
Current deferred taxes	991,096	991,096
Other current assets	402,245	461,245
Total current assets	8,411,867	10,378,901
Property, plant and equipment, net	6,116,040	6,489,212
Other noncurrent assets, net	289,433	105,395
Total assets	14,817,340	16,973,508
Current liabilities:
Accounts payable	2,843,494	2,888,385
Accrued expenses	3,557,029	3,893,028
Deferred revenues	268,925	1,461,689
Debt	5,300,945	4,169,771
Total current liabilities	11,970,393	12,412,873
Long-term obligations under capital lease	32,399	38,071
Noncurrent deferred taxes	991,096	991,096
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 1,927,508 and 2,477,508 shares issued and outstanding at September 30 and March 31, 2014; (liquidation preference of $549,340 and $706,090 at September 30 and March 31, 2014)	524,210	644,110
Common stock - par value $.0001 per share, 90,000,000 shares authorized, with 24,669,958 and 23,951,004 shares issued and outstanding at September 30, 2014 and March 31, 2014, respectively.	2,467	2,395
Additional paid in capital	6,357,823	6,105,211
Accumulated other comprehensive income (loss)	23,942	(55,097)
Accumulated deficit	(5,084,990)	(3,165,151)
Total stockholders' equity	1,823,452	3,531,468
Total liabilities and stockholders' equity	$ 14,817,340	$ 16,973,508