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Condensed Consolidated Balance Sheets (Current Period Unaudited) (USD $)
Jun. 27, 2014
Mar. 31, 2014
Current assets:    
Cash and cash equivalents $ 1,433,000 $ 120,000
Receivables, net 5,013,000 5,085,000
Inventories 4,685,000 4,749,000
Prepaid expenses and other current assets 732,000 444,000
Total current assets 11,863,000 10,398,000
Equipment and leasehold improvements, net 1,930,000 2,144,000
Goodwill 4,579,000 4,579,000
Intangibles and patents, net 2,772,000 2,942,000
Other assets 190,000 138,000
Total Assets 21,334,000 20,201,000
Current liabilities:    
Accounts payable 1,926,000 2,661,000
Accrued compensation 916,000 701,000
Accrued subcontracting costs 322,000 344,000
Other accrued expenses 1,217,000 1,108,000
Current portion of long-term debt, PFG 714,000 714,000
Current portion of long-term debt – MEDC/MSF 654,000 654,000
Current portion of capital lease 16,000 20,000
Current portion of long-term debt - bank line of credit 1,294,000 2,147,000
Current portion of long-term debt - bank term loan 250,000 306,000
Total current liabilities 7,309,000 8,655,000
Long-term debt, less current portion – PFG, net of discount 653,000 794,000
Long-term debt, capital lease 34,000 36,000
Warrant liability 364,000 409,000
Total liabilities 8,360,000 9,894,000
Commitments and contingencies      
Class A Common Stock, $.001 par value, 100,000,000 authorized; 37,381,413 shares issued and outstanding as of June 27, 2014, and 31,203,213 shares issued and outstanding as of March 31, 2014 37,000 31,000
Additional paid-in capital 61,681,000 58,752,000
Accumulated deficit (48,744,000) (48,476,000)
Total shareholders' equity 12,974,000 10,307,000
Total Liabilities and Shareholders’ Equity $ 21,334,000 $ 20,201,000