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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Net sales $ 5,076,029 $ 6,818,390 $ 10,418,398 $ 12,664,309
Cost of sales 3,250,441 4,574,924 6,716,157 8,605,548
Gross margin 1,825,588 2,243,466 3,702,241 4,058,761
Operating expenses:        
Selling, general and administrative 875,138 883,876 1,786,882 1,749,564
Engineering, research and development 583,771 443,656 1,168,648 935,788
Total operating expenses 1,458,909 1,327,532 2,955,530 2,685,352
Income from operations 366,679 915,934 746,711 1,373,409
Other income (expense):        
Amortization of debt discount 0 0 0 0
Amortization of deferred financing costs (1,357) (1,358) (2,713) (2,715)
Change in fair value of common stock warrants 34,000 (518,588) 251,203 (450,828)
Interest expense (17,507) (25,835) (35,333) (55,469)
Total other expense 15,136 (545,781) 213,157 (509,012)
Income before income taxes 381,815 370,153 959,868 864,397
Income tax expense 109,760 170,687 277,504 385,865
Net income $ 272,055 $ 199,466 $ 682,364 $ 478,532
Basic income per common share (in Dollars per share) $ 0.08 $ 0.06 $ 0.21 $ 0.15
Diluted income per common share (in Dollars per share) $ 0.07 $ 0.06 $ 0.20 $ 0.15
Weighted average shares outstanding:        
Basic (in Shares) 3,255,887 3,256,887 3,255,887 3,256,887
Diluted (in Shares) 3,266,133 3,260,799 3,267,192 3,262,058