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DEBT (Tables)
 12 Months Ended
Mar. 31, 2017
DEBT  
Schedule of outstanding debt obligations
 
 
2017
 
2016
 
Commerce Term Loan due January 2022
 
$
2,828,844
 
$
—
 
People’s Equipment Loan Facility due April 2021
 
 
2,884,982
 
 
—
 
Utica Credit Loan Note due November 2018
 
 
—
 
 
2,459,259
 
Revere Term Loan and Notes due January 2018
 
 
—
 
 
2,250,000
 
Obligations under capital leases
 
 
67,353
 
 
26,599
 
Total debt
 
$
5,781,179
 
$
4,735,858
 
Less: debt issue costs unamortized
 
$
188,977
 
$
47,342
 
Total debt, net
 
$
5,592,202
 
$
4,688,516
 
Less: Current portion of long-term debt
 
$
717,481
 
$
953,106
 
Total long-term debt, net
 
$
4,874,721
 
$
3,735,410