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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2019
Mar. 31, 2019
Current assets:    
Cash and cash equivalents $ 1,968,405 $ 2,036,646
Accounts receivable 752,984 1,010,443
Contract assets 3,800,928 4,390,832
Inventories 1,512,082 1,240,315
Other current assets 794,387 498,059
Total current assets 8,828,786 9,176,295
Property, plant and equipment, net 4,347,796 4,860,609
Deferred income taxes 2,119,439 2,004,346
Other noncurrent assets, net 43,913 6,233
Total assets 15,339,934 16,047,483
Current liabilities:    
Accounts payable 470,619 609,082
Accrued expenses 981,255 753,499
Contract liabilities 828,762 740,947
Current portion of long-term debt 1,167,518 822,105
Total current liabilities 3,448,154 2,925,633
Long-term debt 2,481,948 3,410,542
Commitments and contingent liabilities ( Note 13)
Stockholders' Equity:    
Common stock - par value $.0001 per share, 90,000,000 shares authorized, 29,254,594 and 29,234,594 shares issued and outstanding, at December 31, 2019 and March 31, 2019 2,925 2,923
Additional paid in capital 8,781,971 8,693,106
Accumulated other comprehensive income 21,611 21,940
Retained earnings 603,325 993,339
Total stockholders' equity 9,409,832 9,711,308
Total liabilities and stockholders' equity $ 15,339,934 $ 16,047,483