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Balance Sheets - USD ($)
Mar. 31, 2024
Mar. 31, 2023
Current assets:    
Cash $ 42,509 $ 188,966
Accounts receivable 891,129 920,721
Inventories 1,402,338 1,899,202
Prepaid expenses and other assets 90,298 115,714
Total current assets 2,426,274 3,124,603
Equipment:    
Furniture, fixtures and equipment 2,627,726 2,615,676
Accumulated depreciation (2,373,722) (2,312,400)
Equipment, net 254,004 303,276
Right of use asset, net 900,787 496,004
Patents, net 164,010 163,133
Other assets 65,641 46,953
TOTAL ASSETS 3,810,716 4,133,969
Current liabilities:    
Accounts payable 346,049 252,957
Line of credit 156,685 177,402
Secured notes 42,194 44,491
Accrued compensation 184,913 217,724
Other accrued liabilities 119,804 84,578
Accrued lease liability 370,377 353,674
Total current liabilities 1,220,022 1,130,826
Long-term liability:    
Secured notes 67,336 268,512
Accrued lease liability 696,610 239,820
Total liabilities 1,983,968 1,639,158
Shareholders’ equity:    
Preferred stock, no par value: 10,000,000 shares authorized; none issued and outstanding
Common stock and additional paid-in capital, no par value: 100,000,000 shares authorized; 11,858,627 issued and outstanding at March 31, 2024 and 11,769,543 at March 31, 2023 24,371,795 24,348,075
Accumulated (deficit) (22,545,047) (21,853,264)
Total shareholders’ equity 1,826,748 2,494,811
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 3,810,716 $ 4,133,969