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INCOME TAXES (Tables) | 12 Months Ended
--- | ---
Mar. 31, 2015
Income Tax Disclosure [Abstract] |
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block] | The income tax provision (benefit) for federal, foreign, and state income taxes in the consolidated statements of income consisted of the following components for 2015, 2014 and 2013:
|  |  | 2015 |  |  | 2014 |  |  | 2013 |
Income tax provision: |  |  |  |  |  |  |  |  |  |
Current: |  |  |  |  |  |  |  |  |  |
Federal |  | $ | - |  | $ | - |  | $ | - |
State |  |  | - |  |  | - |  |  | - |
Total current Federal and State |  | $ | - |  | $ | - |  | $ | - |
Deferred: |  |  |  |  |  |  |  |  |  |
Federal |  | $ | 80,836 |  | $ | (675,447) |  | $ | (1,412,535) |
State |  |  | 11,865 |  |  | (103,350) |  |  | (206,924) |
Total income tax provision (benefit) |  | $ | 92,701 |  | $ | (778,797) |  | $ | (1,619,459) |
Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block] | The United States and foreign components of income (loss) before income taxes are as follows:
|  | 2015 |  | 2014 |  | 2013 |
United States |  | $ | 161,255 |  | $ | (62,095) |  | $ | 92,122 |
Foreign |  |  | 101,604 |  |  | 287,614 |  |  | 1,429,354 |
|  | $ | 262,859 |  | $ | 225,519 |  | $ | 1,521,476 |
Schedule Of Difference Between Actual Tax Expenses And Expected Tax Expenses [Table Text Block] | The actual tax expense differs from the "expected" tax expense for the years ended March 31, 2015, 2014 and 2013 (computed by applying the U.S. Federal Corporate tax rate of 34 percent to income before taxes) as follows:
|  | 2015 |  | 2014 |  | 2013 |
Expected tax expense |  | $ | 89,372 |  | $ | 76,676 |  | $ | 517,302 |
State income taxes, net of Federal income tax benefit |  |  | (97) |  |  | 7,815 |  |  | 25,236 |
Permanent differences |  |  | 7,507 |  |  | 8,374 |  |  | 5,421 |
Deemed Dividend |  |  | 37,563 |  |  | 108,864 |  |  | 537,866 |
Change in valuation allowance |  |  | (91,034) |  |  | (820,040) |  |  | (2,246,235) |
Tax rate differential on foreign earnings |  |  | (39,272) |  |  | (111,164) |  |  | (537,866) |
Prior year adjustments |  |  | 88,662 |  |  | (49,322) |  |  | 78,817 |
Actual tax provision (benefit) |  | $ | 92,701 |  | $ | (778,797) |  | $ | (1,619,459) |
Schedule of Deferred Tax Assets and Liabilities [Table Text Block] | The tax effects of temporary differences that give rise to significant portions of deferred tax assets and liabilities are as follows:
|  | 2015 |  | 2014 |  | 2013 |
Deferred tax assets: |  |  |  |  |  |  |  |  |  |
Federal net operating loss carryforward |  | $ | 2,041,207 |  | $ | 2,076,141 |  | $ | 2,189,622 |
State net operating loss carryforward |  |  | 318,830 |  |  | 413,401 |  |  | 413,849 |
AMT credit carryforward |  |  | 52,004 |  |  | 36,808 |  |  | 36,808 |
Inventory differences |  |  | 431,744 |  |  | 490,716 |  |  | 358,130 |
Allowance for doubtful accounts |  |  | 67,305 |  |  | 66,658 |  |  | 67,849 |
Reserve for sales returns |  |  | 76,482 |  |  | 90,895 |  |  | 81,082 |
Stock option compensation expense |  |  | 74,716 |  |  | 59,713 |  |  | - |
Stock warrants |  |  | 39,194 |  |  | 39,193 |  |  | - |
Accrued Vacation |  |  | 9,183 |  |  | 10,241 |  |  | 9,839 |
Depreciation and amortization |  |  | - |  |  | - |  |  | 81,739 |
Total deferred tax assets |  |  | 3,110,665 |  |  | 3,283,766 |  |  | 3,238,918 |
Deferred tax liability: |  |  |  |  |  |  |  |  |  |
Depreciation |  |  | (96,725) |  |  | (86,091) |  |  | - |
Net deferred tax assets before valuation allowance |  |  | 3,013,940 |  |  | 3,197,675 |  |  | 3,238,918 |
Valuation allowance |  |  | (708,385) |  |  | (799,419) |  |  | (1,619,459) |
Net deferred tax assets |  | $ | 2,305,555 |  | $ | 2,398,256 |  | $ | 1,619,459 |
Summary of Operating Loss Carryforwards [Table Text Block] | Net operating loss carry forward amounts and their year of expiration are as follows:
Fiscal Year of |  | NOL |  | NOL |
Expiration |  | Federal |  | State |
2016 |  | $ | - |  | $ | - |
2017 |  |  | - |  |  | - |
2018 |  |  | - |  |  | - |
2019 |  |  | - |  |  | - |
2020 |  |  | - |  |  | - |
2021 and beyond |  |  | 6,003,550 |  |  | 6,853,392 |
|  | $ | 6,003,550 |  | $ | 6,853,392 |

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- Definition Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319 + Details
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