OTHER NONCURRENT ASSETS

3 Months Ended

Jun. 30, 2016

OTHER NONCURRENT ASSETS

OTHER NONCURRENT ASSETS

NOTE 7 — OTHER NONCURRENT ASSETS

Other noncurrent assets included the following as of:

	June 30, 2016		March 31, 2016
MLSA deferred loan costs	$	—	$	52,444
Fixed assets held for sale	123,900		123,900
Total	$	123,900	$	176,344

On March 31, 2016, we classified certain machinery and equipment in the amount of $123,900 to fixed assets held for sale. This amount approximates fair value net of selling costs and we expect to sell these fixed assets before the end of fiscal 2017.