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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Jun. 30, 2020
Mar. 31, 2020
Current assets:    
Cash and cash equivalents $ 1,802,039 $ 930,856
Accounts receivable, net 916,529 990,300
Contract assets 5,197,463 4,504,621
Raw materials 558,357 561,572
Work-in-process 739,090 656,041
Other current assets 418,890 606,151
Total current assets 9,632,368 8,249,541
Property, plant and equipment, net 4,055,392 4,182,861
Deferred income taxes 2,152,840 2,115,480
Other noncurrent assets, net 21,369 32,600
Total assets 15,861,969 14,580,482
Current liabilities:    
Accounts payable 555,979 185,065
Accrued expenses 1,528,531 1,554,524
Contract liabilities 516,337 805,049
Current portion of long-term debt 621,251 109,829
Total current liabilities 3,222,098 2,654,467
Long-term debt 3,231,247 2,456,560
Commitments and contingent liabilities (Note 13)
Stockholders' Equity:    
Common stock - par value $.0001 per share, 90,000,000 shares authorized, 29,398,662 and 29,354,594 shares issued and outstanding, at June 30, 2020 and March 31, 2020 2,939 2,935
Additional paid in capital 8,848,558 8,793,062
Accumulated other comprehensive income 21,591 21,688
Retained earnings 535,536 651,770
Total stockholders' equity 9,408,624 9,469,455
Total liabilities and stockholders' equity $ 15,861,969 $ 14,580,482