v3.7.0.1
Equipment, Net
12 Months Ended
Mar. 31, 2017
Property, Plant and Equipment [Abstract]  
Equipment, Net

NOTE 5 — EQUIPMENT, NET

 

Equipment consists of the following:

 

    March 31,  
    2017     2016  
Equipment and software   $ 2,536,064     $ 2,796,064  
Furniture and fixtures     112,397       112,676  
Leasehold improvements     42,730       42,730  
                 
      2,691,191       2,951,470  
Less: accumulated depreciation     1,781,411       2,075,215  
                 
Balance   $ 909,780     $ 876,255  

 

Depreciation expense for the years ended March 31, 2017, 2016 and 2015 totaled $366,381, $280,702 and $249,683, respectively.