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Consolidated Statements of Cash Flows (As Restated) - USD ($)
12 Months Ended
Mar. 31, 2016
Mar. 31, 2015
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 3,757,957 [1],[2],[3] $ 2,483,926
Adjustments to reconcile net income to net cash provided by operating activities:    
Gain on sale of marketable securities (49,720) [1] (8,487)
Gain on sale of property and equipment (5,968) [1],[2] (869,116)
Change in accounts receivable and inventory reserves (462,439) [1] (370,756)
Depreciation, amortization and impairment 1,257,207 [1],[2] 856,911
Change in cash surrender value of life insurance (109,386) [1] (103,060)
Deferred income taxes 90,484 (372,000)
Warranty reserve 140,768 [1] 169,683
Compensation expense related to stock options 29,334 [1] 8,958
Change in operating assets and liabilities:    
Accounts receivable (1,530,289) [1] 640,944
Notes receivable and other non-trade receivables 119,889 [1] 871,882
Inventories (877,993) [1] 3,760,133
Prepaid expenses and other assets (422,547) [1] 147,659
Accounts payable 605,940 [1] (1,710,347)
Accrued expenses 1,217,786 [1] 767,231
Income taxes payable/ receivable (524,900) [1] 566,000
Non-current liabilities (21,606) [1]
Total adjustments (543,440) [1] 4,355,635
Net cash provided by operating activities 3,214,517 [1] 6,839,561
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of marketable securities (4,481,030) [1] (4,527,784)
Proceeds from sale of marketable securities (226,759) [1] (515,045)
Net cash flow from business combination 78,000 [1]
Proceeds from sale of property and equipment 200,634 [1] 3,358,660
Capital expenditures (1,246,071) [1] (799,666)
Decrease in restricted cash (44,298) [1] (526,352)
Net cash used in investing activities (5,266,006) [1] (1,980,097)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from line of credit 14,296,108 [1] 6,330,888
Payment on line of credit (19,302,273) [1] (1,330,888)
Proceeds from funding of lease 7,428 [1]
Repurchase of stock options [1] (130,335)
Proceeds from exercise of stock options, net of excess tax benefit [1] 150,750
Net cash (used in) provided by financing activities (5,993,746) [1] 5,020,415
Effect of foreign currency exchange rates on cash and cash equivalents 1,923 [1]
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS (8,043,312) [1] 9,879,879
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR 13,388,767 [1] 3,508,888
CASH AND CASH EQUIVALENTS AT END OF YEAR [1] 5,345,455 [4] 13,388,767
SUPPLEMENTAL SCHEDULE OF NON-CASH INVESTING ACTIVITIES:    
Finished goods inventory transferred to equipment leased to customers 1,288,474 [1] 1,132,115
SUPPLEMENTAL DISCLOSURE OF INVESTING ACTIVITIES:    
Non-controlling interests in acquired business 1,712,935 [1]
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Interest 47,052 [1] 19,000
Income taxes 2,827,000 [1] 737,000
Delphax [Member]    
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from line of credit 1,832,600 [1]
Payment on line of credit (2,827,609) [1]
CASH AND CASH EQUIVALENTS AT END OF YEAR [5],[6] $ 249,528  
[1] The Consolidated Statement of Cash Flow for the year ended March 31, 2016 has been restated. See Note 1A.
[2] The Consolidated Statement of Comprehensive Income for the year ended March 31, 2016 has been restated. See Note 1A.
[3] The Consolidated Statement of Comprehensive Income for the year ended March 31, 2016 has been restated. See Note 1A.
[4] The Consolidated Balance Sheet as of March 31, 2016 has been restated. See Note 1A.
[5] Amounts related to Delphax as of March 31, 2016.
[6] The Consolidated Balance Sheet as of March 31, 2016 has been restated. See Note 1A.