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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Net revenues $ 854,696 $ 931,139 $ 1,611,663 $ 2,077,494
Cost of sales 332,617 351,894 637,038 972,689
Gross profit 522,079 579,245 974,625 1,104,805
Operating expenses:        
Research and development 106,715 139,227 216,583 289,184
Selling, general and administrative 328,909 363,183 654,491 735,045
Total operating expenses 435,624 502,410 871,074 1,024,229
Income from operations 86,455 76,835 103,551 80,576
Other income (expense):        
Interest income 7,197 4,928 13,446 6,548
Interest and finance expenses (1,245) (727) (1,973) (1,455)
Total other income (expense) 5,952 4,201 11,473 5,093
Income before provision for (benefit from) income taxes 92,407 81,036 115,024 85,669
Provision for (benefit from) income taxes:        
Current 6,000 2,000 6,000 4,000
Deferred (32,000) 79,000 (32,000) 154,000
Total provision for (benefit from) income taxes (26,000) 81,000 (26,000) 158,000
Net income (loss) $ 118,407 $ 36 $ 141,024 $ (72,331)
Basic and diluted earnings per common share: (in dollars per share) $ 0 $ 0 $ 0 $ 0
Weighted average shares of common stock outstanding - basic and diluted (in shares) 67,588,492 67,588,492 67,588,492 67,588,492