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CONSOLIDATED BALANCE SHEETS - USD ($)
Mar. 31, 2019
Mar. 31, 2018
Current assets:    
Cash and cash equivalents $ 2,036,646 $ 2,689,110
Accounts receivable, net 1,010,443 1,446,982
Contract assets 4,390,832 347,896
Inventories 1,240,315 2,088,485
Other current assets 498,059 450,540
Total current assets 9,176,295 7,023,013
Property, plant and equipment, net 4,860,609 5,202,448
Deferred income taxes 2,004,346 2,046,298
Other noncurrent assets, net 6,233 6,860
Total assets 16,047,483 14,278,619
Current liabilities:    
Accounts payable 609,082 345,705
Accrued expenses 753,499 788,084
Contract liabilities 740,947 180,706
Current portion of long-term debt 822,105 766,354
Total current liabilities 2,925,633 2,080,849
Long-term debt, including capital leases 3,410,542 4,185,274
Commitments and contingent liabilities (see Note 14)
Stockholders' Equity:    
Common stock - par value $.0001 per share, 90,000,000 shares authorized, 29,234,594 and 28,824,593 shares issued and outstanding at March 31, 2019 and 2018 2,923 2,882
Additional paid in capital 8,693,106 8,561,995
Accumulated other comprehensive income 21,940 24,236
Retained earnings (accumulated deficit) 993,339 (576,617)
Total stockholders' equity 9,711,308 8,012,496
Total liabilities and stockholders' equity $ 16,047,483 $ 14,278,619