CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)	Dec. 31, 2015	Mar. 31, 2015
Current assets:
Cash and cash equivalents	$ 816,301	$ 1,336,325
Accounts receivable, less allowance for doubtful accounts of approximately $25,000 at December 31, 2015 and March 31, 2015	766,564	826,363
Costs incurred on uncompleted contracts, in excess of progress billings	2,798,008	2,008,244
Inventories- raw materials	148,550	134,812
Current deferred taxes	826,697	826,697
Other current assets	464,841	538,253
Total current assets	5,820,961	5,670,694
Property, plant and equipment, net	5,217,048	5,610,041
Other noncurrent assets, net	9,676	45,490
Total assets	11,047,685	11,326,225
Current liabilities:
Accounts payable	1,225,873	1,526,123
Trade notes payable		138,237
Accrued expenses	1,623,254	1,665,658
Advanced claims payment	507,835
Deferred revenues	1,087,179	1,211,506
Short-term debt		2,250,000
Current portion of long-term debt	934,176	933,651
Total current liabilities	5,378,317	7,725,175
Long-term debt, including capital lease	4,035,160	2,485,858
Noncurrent deferred taxes	$ 826,697	$ 826,697
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 -0- and 1,927,508 shares issued and December 31, 2015 and March 31, 2015, respectively (liquidation preference: $0 - December 31, 2015; $549,340 - March 31, 2015)		$ 524,210
Common stock - par value $.0001 per share, 90,000,000 shares authorized, 27,324,593 and 24,669,958 shares issued and outstanding at December 31, 2015 and at March 31, 2015, respectively	$ 2,732	2,467
Additional paid in capital	7,057,807	6,487,589
Accumulated other comprehensive income	23,344	23,561
Accumulated deficit	(6,276,372)	(6,749,332)
Total stockholders' equity	807,511	288,495
Total liabilities and stockholders' equity	$ 11,047,685	$ 11,326,225