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Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Jun. 30, 2019
Jun. 30, 2018
OPERATING ACTIVITIES    
Net income $ 3,607,419 $ 3,945,049
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 134,733 179,746
Deferred income taxes (664) (443)
Changes in operating assets and liabilities:    
Accounts receivable 248,955 (231,994)
Inventories 45,093 28,758
Prepaid expenses and other assets 205,399 103,053
Accounts payable and other liabilities 296,693 625,730
Net cash provided by operating activities 4,537,628 4,649,899
INVESTING ACTIVITIES    
Purchases of fixed assets (16,100) (37,985)
Purchases of marketable securities (3,013,530) (3,373,125)
Proceeds from maturities of marketable securities 9,500,000 7,300,000
Cash provided by investing activities 6,470,370 3,888,890
FINANCING ACTIVITIES    
Payment of dividends to shareholders (4,846,010) (4,842,010)
Cash used in financing activities (4,846,010) (4,842,010)
Increase in cash and cash equivalents 6,161,988 3,696,779
Cash and cash equivalents at beginning of period 6,877,304 [1] 4,755,082
Cash and cash equivalents at end of period 13,039,292 8,451,861
Supplemental disclosures of cash flow information:    
Cash paid during the period for income taxes $ 11,222
[1] The March 31, 2019 Balance Sheet is derived from the audited financial statements contained in our Annual Report on Form 10-K for the fiscal year ended March 31, 2019.