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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2017
Mar. 31, 2017
Current assets:    
Cash $ 2,102 $ 1,407
Accounts receivable, net of allowance for doubtful accounts of $27 at September 30, 2017 and $49 at March 31, 2017 1,541 2,135
Inventories, net 9,315 7,972
Prepaid expenses and other current assets 447 565
Total current assets 13,405 12,079
Equipment and leasehold improvements, net 16,023 16,712
Other assets 251 213
Total assets 29,679 29,004
Current liabilities:    
Line of credit 500 611
Current maturities of long-term debt 626 623
Customer deposits 72 119
Accounts payable 3,473 3,666
Accrued expenses 1,012 1,013
Total current liabilities 5,683 6,032
Long-term debt, less current maturities 5,959 6,249
Other long-term liabilities 110 116
Total liabilities 11,752 12,397
Commitments and contingencies
Stockholders’ equity:    
Preferred stock of $0.01 par value, authorized 10,000,000 shares; no shares issued and outstanding
Common stock of $0.02 par value, shares authorized 50,000,000; 5,743,882 shares issued and outstanding at September 30, 2017 and 5,685,381 shares at March 31, 2017 115 114
Additional paid-in capital 31,919 31,577
Accumulated deficit (14,107) (15,084)
Total stockholders’ equity 17,927 16,607
Total liabilities and stockholders’ equity $ 29,679 $ 29,004