v3.25.2
Consolidated Balance Sheets - USD ($)
Mar. 31, 2025
Mar. 31, 2024
Current assets:    
Cash and cash equivalents $ 382,969 $ 537,041
Accounts receivable, net of credit losses of $975,597 and $814,788 at March 31, 2025 and March 31, 2024, respectively 528,383 344,526
Inventories 336,270 313,409
Prepaid expenses and other current assets 1,800 19,223
Total current assets 1,249,422 1,214,199
Other Assets:    
Long-term inventory 220,401 226,722
Operating lease right-of-use asset 313,189 399,521
Loan receivable, net of allowance for doubtful accounts of $240,965 at March 31, 2025 and March 31, 2024, respectively. 89,125 89,125
Investments 225,750 0
Intangible assets, net of accumulated amortization of $35,242 and $27,936 at March 31, 2025 and March 31, 2024, respectively 15,067 22,373
Other assets 14,917 186,788
Total other assets 878,449 924,529
Total assets 2,127,871 2,138,728
Current liabilities:    
Accounts payable 299,007 266,082
Bank overdraft 147,503 112,391
Accrued expenses and other current liabilities 29,240 61,268
PPP loan 896 6,276
Line of credit 377,161 389,530
Operating lease liability 93,373 87,727
Customer deposits 201,968 200,661
Total current liabilities 1,149,148 1,123,935
Long-term liabilities    
Due to employee 79,449 0
Operating lease liability less current portion 227,928 322,402
Total long-term liabilities 307,377 322,402
Total liabilities 1,456,525 1,446,337
Stockholders' equity:    
Preferred stock, $.01 par value; 5,000,000 shares authorized, no shares issued and outstanding 0 0
Common stock, $0.0005 par value; 150,000,000 shares authorized, 67,588,492 shares issued and outstanding 33,794 33,794
Additional paid-in capital 33,607,772 33,603,644
Accumulated deficit (32,970,220) (32,945,047)
Total stockholders' equity 671,346 692,391
Total liabilities and stockholders' equity $ 2,127,871 $ 2,138,728