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Note 17 - Income Taxes - Deferred Tax Assets and Liabilities (Details) - USD ($)
Mar. 31, 2016
Mar. 31, 2015
Inventory reserves $ 504,000 $ 115,000
Accrued vacation 439,000 244,000
Stock option compensation 141,000 47,000
Warranty reserve 74,000 85,000
Accounts and notes receivable reserve 181,000 83,000
Net operating loss carryforwards 5,353,000
Federal credits 4,784,000
263A inventory capitalization 60,000 145,000
Other 112,000 79,000
Total deferred tax assets 11,648,000 798,000
Deferred Revenue (52,000)
Prepaid expenses (563,000) (473,000)
Property and equipment (70,000) (463,000)
Intangibles (388,000)
Total deferred tax liabilities (1,073,000) (936,000)
Net deferred tax (liability) asset 10,575,000 (138,000)
Less Valuation Allowance (10,830,000)
Net deferred tax (liability) asset after Valuation Allowance $ (255,000) $ (138,000)