Commitments and Contingencies

12 Months Ended

Mar. 31, 2014

Commitments and Contingencies [Abstract]

Commitments and Contingencies

NOTE 9. COMMITMENTS AND CONTINGENCIES
Lease payments were $265,357 for fiscal 2014, $259,823 for fiscal 2013, and $253,740 for fiscal 2012. The operating lease for our facility expires December 31, 2020. We pay operating expenses including maintenance, utilities, real estate taxes, and insurance in addition to rental payments. We also lease a piece of office equipment under an operating lease expiring October 2018 with payments due quarterly. Our future minimum lease payments are shown in the following table:

Year Ending March 31
2015		2016		2017		2018		2019		2020		2021		Total
$	272,600	$	275,644	$	276,658	$	280,717		283,813	$	287,746	$	218,213	$	1,895,391