CONSOLIDATED BALANCE SHEETS - USD ($)	Mar. 31, 2022	Mar. 31, 2021
Current Assets:
Cash and cash equivalents	$ 25,576,000	$ 5,245,000
Short term investments		25,045,000
Accounts receivable, net	1,294,000	691,000
Inventory	2,112,000	1,961,000
Prepaid purchases	141,000	361,000
Prepaid expenses and other current assets	390,000	289,000
Total Current Assets	29,513,000	33,592,000
Non-Current Assets:
Property and equipment, net	2,000
Right-of-use asset-operating leases	403,000	213,000
Right-of-use asset-finance leases	2,000	3,000
Other assets	90,000	94,000
Total Non-Current Assets	497,000	310,000
Total Assets	30,010,000	33,902,000
Current Liabilities:
Accounts payable and other current liabilities	758,000	788,000
Paycheck Protection Program loan		204,000
Due to affiliate		1,000
Short-term operating lease liability	211,000	152,000
Short-term finance lease liability	1,000	1,000
Income tax payable, current portion	195,000	195,000
Deferred revenue	210,000	195,000
Total Current Liabilities	1,375,000	1,536,000
Non-Current Liabilities:
Long-term operating lease liability	201,000	82,000
Long-term finance lease liability	2,000	3,000
Income tax payable	1,613,000	1,836,000
Total Non-Current Liabilities	1,816,000	1,921,000
Total Liabilities	3,191,000	3,457,000
Shareholders’ Equity:
Series A Preferred shares — 10,000,000 shares authorized; 3,677 shares issued and outstanding; liquidation preference of $3,677,000	3,310,000	3,310,000
Common shares — $0.01 par value, 75,000,000 shares authorized; 52,965,797 shares issued at March 31, 2022 and March 31, 2021, respectively; 21,042,652 shares outstanding at March 31, 2022 and March 31, 2021, respectively	529,000	529,000
Additional paid-in capital	79,792,000	79,792,000
Accumulated deficit	(23,611,000)	(19,985,000)
Treasury stock, at cost (31,923,145 shares at March 31, 2022 and March 31, 2021, respectively)	(33,201,000)	(33,201,000)
Total Shareholders’ Equity	26,819,000	30,445,000
Total Liabilities and Shareholders’ Equity	$ 30,010,000	$ 33,902,000