CONSOLIDATED BALANCE SHEETS - USD ($)	Mar. 31, 2015	Mar. 31, 2014
Current assets:
Cash and cash equivalents	$ 1,336,325	$ 1,086,701
Accounts receivable, less allowance for doubtful accounts of $24,693 - 2015 and $25,010 - 2014	826,363	2,280,469
Costs incurred on uncompleted contracts, in excess of progress billings	2,008,244	5,258,002
Inventories- raw materials	134,812	293,326
Income taxes receivable		8,062
Current deferred taxes	826,697	991,096
Other current assets	538,253	461,245
Total current assets	5,670,694	10,378,901
Property, plant and equipment, net	5,610,041	6,489,212
Other noncurrent assets, net	45,490	105,395
Total assets	11,326,225	16,973,508
Current liabilities:
Accounts payable	1,526,123	2,888,385
Accrued expenses	1,665,658	3,893,028
Trade notes payable	138,237
Deferred revenues	1,211,506	1,461,689
Short-term debt	2,250,000
Current portion of long-term debt	933,651	4,169,771
Total current liabilities	7,725,175	12,412,873
Long-term debt, including capital leases	2,485,858	38,071
Noncurrent deferred taxes	$ 826,697	$ 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 March 31, 2015 and 2014, respectively (liquidation preference of $549,340 and $706,090 at March 31, 2015 and 2014, respectively)	$ 524,210	$ 644,110
Common stock -par value $.0001 per share, 90,000,000 shares authorized, 24,669,958 shares issued and outstanding, at March 31, 2015, and 23,951,004 shares issued and outstanding at March 31, 2014	2,467	2,395
Additional paid in capital	6,487,589	6,105,211
Accumulated other comprehensive loss	23,561	(55,097)
Accumulated deficit	(6,749,332)	(3,165,151)
Total stockholders' equity	288,495	3,531,468
Total liabilities and stockholders' equity	$ 11,326,225	$ 16,973,508