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CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
Sep. 30, 2020
Mar. 31, 2020
Current assets:    
Cash and cash equivalents $ 1,091,613 $ 930,856
Accounts receivable, net 1,378,617 990,300
Contract assets 5,980,533 4,504,621
Raw materials 517,681 561,572
Work-in-process 573,475 656,041
Other current assets 285,304 606,151
Total current assets 9,827,223 8,249,541
Property, plant and equipment, net 4,198,417 4,182,861
Deferred income taxes 2,041,538 2,115,480
Other noncurrent assets, net 10,056 32,600
Total assets 16,077,234 14,580,482
Current liabilities:    
Accounts payable 210,373 185,065
Accrued expenses 1,664,732 1,554,524
Contract liabilities 636,195 805,049
Current portion of long-term debt 258,780 109,829
Total current liabilities 2,770,080 2,654,467
Long-term debt 3,571,354 2,456,560
Commitments and contingent liabilities (Note 13)
Stockholders' Equity:    
Common stock - par value $.0001 per share, 90,000,000 shares authorized, 29,498,662 and 29,354,594 shares issued and outstanding, at September 30, 2020 and March 31, 2020 2,949 2,935
Additional paid in capital 8,905,965 8,793,062
Accumulated other comprehensive income 20,586 21,688
Retained earnings 806,300 651,770
Total stockholders' equity 9,735,800 9,469,455
Total liabilities and stockholders' equity $ 16,077,234 $ 14,580,482