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CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
Jun. 30, 2021
Mar. 31, 2021
Current assets:    
Cash and cash equivalents $ 2,236,375 $ 2,130,711
Accounts receivable 1,155,403 608,059
Contract assets 4,815,808 5,532,408
Raw materials 472,486 503,636
Work-in-process 559,658 767,520
Other current assets 375,830 379,437
Total current assets 9,615,560 9,921,771
Property, plant and equipment, net 3,884,729 4,063,209
Deferred income taxes 1,907,835 1,934,415
Other noncurrent assets, net 82,596 84,624
Total assets 15,490,720 16,004,019
Current liabilities:    
Accounts payable 169,769 500,848
Accrued expenses 1,066,671 1,526,270
Contract liabilities 428,367 218,152
Current portion of long-term debt 2,449,979 2,474,963
Total current liabilities 4,114,786 4,720,233
Long-term debt, net 29,452 1,341,938
Commitments and contingent liabilities (Note 14)
Stockholders' Equity:    
Common stock - par value $.0001 per share, 90,000,000 shares authorized, 29,498,662 shares issued and outstanding, at June 30, 2021 and March 31, 2021 2,949 2,949
Additional paid in capital 8,978,160 8,944,660
Accumulated other comprehensive income 21,880 21,838
Retained earnings 2,343,493 972,401
Total stockholders' equity 11,346,482 9,941,848
Total liabilities and stockholders' equity $ 15,490,720 $ 16,004,019