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Summary of Significant Accounting Policies (Tables)
9 Months Ended
Dec. 31, 2018
Accounting Policies [Abstract]  
Schedule of Changes in Consolidated Balance Sheet and Cash Flow Statement for Adoption of New Accounting Standards

The following table shows the financial line items that were affected by the adoption of ASC 606:

 

    As reported at     ASC 606     Under ASC 606  
    March 31, 2018     Adjustment     April 1, 2018  
CONSOLIDATED BALANCE SHEET - MARCH 31, 2018                        
Assets                        
Current Assets                        
Inventories, net   $ 8,057,774     $ 479,160     $ 8,536,934  
                         
Liabilities                        
Current Liabilities                        
Reserve for sales returns   $ -     $ 726,000     $ 726,000  
Warranty provisions   $ 246,840     $ (246,840 )   $ -  

 

    As reported at     ASC 606     Under ASC 606  
    December 31, 2017     Adjustment     December 31, 2017  
CONSOLIDATED STATEMENT OF CASH FLOWS - DECEMBER 31, 2017                        
Cash flows from operating activities:                        
Inventories   $ (1,758,501 )   $ (1,841,357 )   $ (3,599,858 )
Reserve for sales returns   $ -     $ 2,987,357     $ 2,987,357  
Warranty provisions   $ 1,146,000     $ (1,146,000 )   $ -