XML 19 R6.htm IDEA: XBRL DOCUMENT v3.5.0.1
Statements of Cash Flows - USD ($)
12 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Cash flows from operating activities:    
Net loss $ (880,200) $ (1,382,746)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 318,692 382,058
Stock-based compensation expense related to stock options 74,677 62,608
Provision for doubtful accounts, net change (2,500) 3,500
Provision for inventory obsolescence, net change 170,000 136,501
Change in operating assets and liabilities:    
Accounts receivable 128,005 (105,635)
Inventories 436,907 (249,927)
Prepaid expenses and other assets 21,898 (50,299)
Accounts payable (319,521) 9,252
Accrued compensation and other accrued liabilities (113,796) (238,083)
Net cash used in operating activities (165,838) (1,432,771)
Cash flows from investing activities:    
Acquisition of property and equipment (77,113) (29,695)
Patent costs (21,356) (32,458)
Net cash used in investing activities (98,469) (62,153)
Cash flows from financing activities:    
Borrowings from credit facility 323,491 64,000
Change in restricted cash (25,000) 0
Net cash provided by financing activities 298,491 64,000
Net increase (decrease) in cash and cash equivalents 34,184 (1,430,924)
Cash and cash equivalents, beginning of period 258,656 1,689,580
Cash and cash equivalents, end of period 292,840 258,656
Supplemental disclosures of cash flow information:    
Cash paid during the year for interest $ 14,835 $ 1,250