Eldorado Artesian Springs (ELDO) 10-K 27 Jun 14 2014 FY Annual report Financial data

Document_and_Entity_Informatio

Document and Entity Information (USD $)	12 Months Ended
	Mar. 31, 2014	Jun. 27, 2014	Sep. 30, 2013
Document And Entity Information	'	'	'
Entity Registrant Name	'ELDORADO ARTESIAN SPRINGS INC	'	'
Entity Central Index Key	'0000796124	'	'
Document Type	'10-K	'	'
Document Period End Date	31-Mar-14	'	'
Amendment Flag	'false	'	'
Current Fiscal Year End Date	'--03-31	'	'
Is Entity a Well-known Seasoned Issuer?	'No	'	'
Is Entity a Voluntary Filer?	'No	'	'
Is Entity's Reporting Status Current?	'Yes	'	'
Entity Filer Category	'Smaller Reporting Company	'	'
Entity Public Float	'	'	$2,369,536
Entity Common Stock, Shares Outstanding	'	6,036,091	'
Document Fiscal Period Focus	'FY	'	'
Document Fiscal Year Focus	'2014	'	'

Balance_Sheets

Balance Sheets (USD $)	Mar. 31, 2014	Mar. 31, 2013
Assets	'	'
Cash	$674,459	$480,546
Accounts receivable - trade, net	1,321,330	1,007,197
Inventories	377,907	420,048
Income tax receivable	57,358	0
Prepaid expenses and other	26,158	41,290
Deferred tax asset	29,648	29,648
Total current assets	2,486,860	1,978,729
Non-current assets	'	'
Property, plant and equipment, net	3,822,386	3,613,629
Investments	361,196	361,196
Water rights, net	71,675	71,675
Deposits	92,204	108,204
Other, net	125,482	123,896
Total non-current assets	4,472,943	4,278,600
Total assets	6,959,803	6,257,329
Liabilities and Stockholders' Equity	'	'
Accounts payable	452,494	415,442
Accrued expenses	361,026	269,016
Income taxes payable	0	8,767
Customer deposits	107,191	104,926
Current portion of capital lease obligations	82,508	49,341
Current portion of long-term debt	189,042	146,325
Total current liabilities	1,192,261	993,817
Non-current liabilities	'	'
Deferred tax liability	59,151	7,475
Capital lease obligations, less current portion	73,462	45,591
Long term debt, less current portion	3,924,839	4,004,823
Total non-current liabilities	4,057,452	4,057,889
Total liabilities	5,249,713	5,051,706
Commitments and contingencies	'	'
Stockholders' equity	'	'
Preferred stock, par value $.001 per share;10,000,000 shares authorized; 0 shares issued and outstanding	0	0
Common stock, par value $.001 per share; 50,000,000 shares authorized; 6,036,091 issued and outstanding	6,036	6,036
Additional paid-in capital	1,693,738	1,693,738
Retained Earnings (Accumulated deficit)	10,316	-494,151
Total stockholders' equity	1,710,090	1,205,623
Total liabilities and stockholders' equity	$6,959,803	$6,257,329

Balance_Sheets_Parenthetical

Balance Sheets (Parenthetical) (USD $)	Mar. 31, 2014	Mar. 31, 2013
Statement of Financial Position [Abstract]	'	'
Preferred stock, par value	$0.00	$0.00
Preferred stock, authorized shares	10,000,000	10,000,000
Preferred stock, issued shares	0	0
Preferred stock, outstanding shares	0	0
Common stock, par value	$0.00	$0.00
Common stock, Authorized	50,000,000	50,000,000
Common stock, Issued	6,036,091	6,036,091
Common stock, outstanding	6,036,091	6,036,091

Statements_of_Operations

Statements of Operations (USD $)	12 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Revenue	'	'
Water and related	$11,192,711	$9,694,518
Resort operations	170,586	180,482
Total revenues	11,363,297	9,875,000
Cost of goods sold	2,861,679	2,382,806
Gross profit	8,501,618	7,492,194
Operating expenses	'	'
Salaries and related	3,679,471	3,422,318
Administrative and general	2,017,330	1,707,923
Delivery	975,805	876,644
Advertising and promotions	252,540	219,888
Depreciation and amortization	514,170	513,829
Total operating expenses	7,439,316	6,740,602
Income from operations	1,062,302	751,592
Other income (expense)	'	'
Interest income	2,042	2,249
Interest expense	-239,826	-255,333
Total other expense	-237,784	-253,084
Income before income taxes	824,518	498,508
Income tax (expense) benefit	'	'
Current	-268,375	-8,767
Deferred	-51,676	22,173
Total income tax benefit (expense)	-320,051	13,406
Net income available to common shareholders	$504,467	$511,914
Basic common shares outstanding	6,036,091	6,036,091
Basic income per common share	$0.08	$0.08
Diluted weighted average common shares outstanding	6,051,043	6,036,091
Diluted income per common share	$0.08	$0.08

Statement_of_Changes_in_Stockh

Statement of Changes in Stockholders' Equity (USD $)	Common Stock	Additional Paid-In Capital	(Accumulated Deficit) Retained Earnings	Total
Beginning Balance, Value at Mar. 31, 2012	$6,036	$1,673,617	($1,006,065)	$673,588
Beginning Balance, Shares at Mar. 31, 2012	6,036,091	'	'	'
Stock options issued to employees	'	20,121	'	20,121
Net income	'	'	511,914	511,914
Ending Balance, Value at Mar. 31, 2013	6,036	1,693,738	-494,151	1,205,623
Ending Balance, Shares at Mar. 31, 2013	6,036,091	'	'	'
Net income	'	'	504,467	504,467
Ending Balance, Value at Mar. 31, 2014	$6,036	$1,693,738	$10,316	$1,710,090
Ending Balance, Shares at Mar. 31, 2014	6,036,091	'	'	'

Statements_of_Cash_Flows

Statements of Cash Flows (USD $)	12 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Cash flows from operating activities	'	'
Net income	$504,467	$511,914
Adjustments to reconcile net loss to net cash provided by operating activities	'	'
Depreciation and amortization	514,170	513,829
Deferred income taxes	51,676	-22,173
Stock based compensation	0	20,121
Changes in assets and liabilities	'	'
Accounts receivable	-314,133	-62,390
Inventories	42,141	-83,377
Prepaid expenses and other	12,883	6,428
Accounts payable	37,052	177,851
Accrued expenses	92,010	-57,955
Income taxes	-66,125	8,767
Customer deposits	2,265	24,052
Net cash provided by operating activities	876,406	1,037,067
Cash flows from investing activities	'	'
Purchases of property and equipment	-471,289	-272,846
Net cash used in investing activities	-471,289	-272,846
Cash flows from financing activities	'	'
Payments on line of credit	0	-370,051
Payments on long-term debt and capital leases	-230,123	-180,238
Borrowings on long-term obligations	18,919	16,531
Net cash used in financing activities	-211,204	-533,758
Net increase in cash	193,913	230,463
Cash - beginning of year	480,546	250,083
Cash - end of year	674,459	480,546
Supplemental disclosure of cash flow information	'	'
Cash paid for interest	239,826	255,333
Cash paid for income taxes	292,000	0
Acquisition of fixed assets through capital lease	$234,975	$101,062

1_Description_of_Business_and_

1. Description of Business and Summary of Significant Accounting Policies	12 Months Ended
	Mar. 31, 2014
Accounting Policies [Abstract]	'
1. Description of Business and Summary of Significant Accounting Policies	'
	Eldorado Artesian Springs, Inc., (the "Company"), is a Colorado corporation which primarily sells bottled Artesian spring water from springs located in Eldorado Springs, Colorado and rents water dispensers.  The Company sells coffee products and rents coffee equipment to customers. The Company also sells a line of Organic Vitamin Charged Spring Water to retail stores. During the summer months, the Company  operates a natural Artesian spring pool. The Company's bottling and distribution facility is located in Louisville, Colorado.
	Concentrations of Credit Risk
	The Company maintains cash in bank accounts that may, at times, exceed FDIC insurance limits.  Financial instruments potentially subjecting the Company to concentrations of credit risk consist primarily of accounts receivable.  The Company grants credit to customers located primarily in Colorado.  The Company periodically performs credit analysis and monitors the financial condition of its clients in order to minimize credit risk.
	Cash and Cash Equivalents
	The Company considers all highly liquid investments with original maturities of three months or less to be cash equivalents. At March 31, 2014 and 2013, the Company did not have any cash equivalents.
	Accounts Receivable
	The Company extends unsecured credit to its customers in the ordinary course of business. The Company considers a reserve for doubtful accounts based on the creditworthiness of the customer. The provision for uncollectible amounts is continually reviewed and adjusted to maintain the allowance at a level considered adequate to cover future losses. The allowance is management's best estimate of uncollectible amounts and is determined based on historical performance that is tracked by the Company on an ongoing basis.
	Inventories
	Inventories consist of direct costs which are primarily made up of water bottles and packaging and are stated at the lower of cost or market, determined using the first-in, first-out method (FIFO).
	Deposits
	Deposits consist primarily of deposits related to the purchase of equipment.
	Property, Plant and Equipment
	Property, plant and equipment are stated at cost.  Machinery, equipment, furniture and fixtures are depreciated using various methods over their estimated useful lives, ranging from 3 to 7 years.  Buildings and improvements are depreciated using the straight-line method over the estimated useful lives for owned assets, ranging from 15 to 39 years.  Depreciable lives on leasehold improvements are the shorter of the lease term or the useful life. Capital leased assets amortize over the estimated useful life or related lease term.
	Investments
	The Company owns investments of capital stock in an investee. This investment entitles the Company to an equal pro rata share of this investee’s irrigation system. As the ownership represents less than 20% ownership of the Company the value of this investment is stated at cost and evaluated for impairment if there are indications of such.
	Water Rights
	Water rights are recorded at cost. As water rights have an indefinite life, no amortization is recognized.
	Other Assets
	Other assets consist of loan fees and other costs which have been recorded at cost and are being amortized using the effective interest method over the term of the loan. The Company expects to amortize approximately $18,500 each year for the next three years.
	Long-Lived Assets
	The Company reviews its long-lived assets for impairment whenever events or changes in circumstances indicate that the carrying amount of the asset may not be recovered.  The Company looks primarily to the undiscounted future cash flows in its assessment of whether or not long-lived assets have been impaired. No impairments were deemed necessary during the fiscal years 2014 and 2013.
	Customer Deposits
	Customer deposits consist primarily of deposits on bottles and equipment.
	Stock Based Compensation
	The Company accounts for stock-based compensation arrangements for employees and recognizes compensation expense for share-based awards based on the grant date estimated fair value of the awards using the Black Scholes option pricing model.  Compensation expense for all share-based awards is recognized in earnings over the requisite service period (generally the vesting period).  The Company records compensation expense related to non-employees over the service periods commensurate with the services provided.  Compensation expense recorded during fiscal year 2014 and 2013 was $0 and $20,121 respectively.
	Basic and Diluted Loss Per Common Share
	Basic earnings per share is computed by dividing net income (loss) by the weighted average number of common shares outstanding. Shares issued during the period and shares reacquired during the period are weighted for the portion of the period that they were outstanding. Diluted earnings per share is computed in a manner consistent with that of basic earnings per share while giving effect to all potentially dilutive common shares that were outstanding during the period.
	Potentially dilutive common shares and outstanding options and warrants which have been excluded from the computation of diluted income per share as of March 31, 2014 and 2013 were 99,000 and 104,000, respectively, because their effect would have been antidilutive.
	Fair Value of Financial Instruments
	The carrying amounts of financial instruments including cash, receivables, accounts payable and  accrued expenses approximated fair value as of March 31, 2014, because of the relatively short maturity of these instruments. The carrying amount of long-term debt issued approximates fair value as of March 31, 2014 because interest rates on these instruments approximate market interest rates.
	Revenue Recognition
	Revenue is recognized on the sale of products as customer shipments are made.  Returns are estimated and recorded at the time of sale.  Rental revenue is recognized on a monthly basis upon commencement of the lease agreement. Water utility revenue is recognized on a monthly basis based upon the monthly contracted rate.
	Shipping Costs
	Shipping costs for materials used in the final products are included in the cost of goods. Shipping costs for products delivered to customers are included in total operating expenses.
	Promotional Expense – Consideration to Vendors
	The Company recognizes certain promotional expense as a reduction in revenues. These costs included off invoice discounts to resellers and promotions for customers.
	Advertising Costs
	The Company expenses advertising costs as incurred.  Advertising expense for the years ended March 31, 2014 and 2013 were $252,540 and $219,888, respectively.
	Use of Estimates
	The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosures of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period.  Actual results could differ from those estimates.
	Recently Issued Accounting Pronouncements
	The Company continually assesses any new accounting pronouncements to determine their applicability to the Company. Where it is determined that a new accounting pronouncement affects the Company’s financial reporting, the Company undertakes a study to determine the consequence of the change to its financial statements and assures that there are proper controls in place to ascertain that the Company’s financials properly reflect the change. New pronouncements assessed by the Company recently are discussed below:
	In July 2013, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2013-11, Income Taxes (Topic 740) amending guidance on the financial statement presentation of an unrecognized tax benefit when a net operating loss carryforward, similar tax loss, or tax credit carryforward exists. The guidance requires an unrecognized tax benefit, or a portion of an unrecognized tax benefit, to be presented as a reduction of a deferred tax asset when a net operating loss carryforward, similar tax loss, or tax credit carryforward exists, with certain exceptions. This accounting guidance is effective prospectively for the Company beginning in the first quarter of fiscal year 2015, with early adoption permitted. While the Company is currently evaluating the impact, its adoption is not expected to have a material impact on the Company’s financial statements.
	In July 2013, the FASB issued ASU No. 2013-10, Derivatives and Hedging (Topic 815) permitting entities to designate the Fed Funds Effective Swap Rate as a U.S. benchmark interest rate for hedge accounting purposes. Prior to the issuance of this guidance, only interest rates on direct treasury obligations of the U.S. government and the LIBOR swap rate were considered benchmark interest rates in the U.S. This guidance is effective immediately and can be applied prospectively for qualifying new or redesignated hedging relationships entered into on or after July 17, 2013. Currently, the Company does not use the Fed Funds Effective Swap Rate as a benchmark interest rate, but may in the future.
	In July 2013, the FASB issued ASU No. 2013-10, Derivatives and Hedging (Topic 815) permitting entities to designate the Fed Funds Effective Swap Rate as a U.S. benchmark interest rate for hedge accounting purposes. Prior to the issuance of this guidance, only interest rates on direct treasury obligations of the U.S. government and the LIBOR swap rate were considered benchmark interest rates in the U.S. This guidance is effective immediately and can be applied prospectively for qualifying new or redesignated hedging relationships entered into on or after July 17, 2013. Currently, the Company does not use the Fed Funds Effective Swap Rate as a benchmark interest rate, but may in the future.

2_Balance_Sheet_Disclosures

2. Balance Sheet Disclosures	12 Months Ended
	Mar. 31, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
2. Balance Sheet Disclosures	'
	Accounts receivable consist of the following:
		March 31,			March 31,
		2014			2013
	Accounts receivable
	Accounts receivable	$	1,401,330		$	1,087,197
	Allowance for doubtful accounts		(80,000	)		(80,000	)
		$	1,321,330		$	1,007,197
	Property, plant and equipment consist of the following at:
		March 31,			March 31,
		2014			2013
	Property, plant and equipment
	Land	$	1,000,263		$	1,000,263
	Buildings and improvements		4,543,436			4,442,756
	Machinery and equipment		6,228,346			5,844,738
	Office furniture and fixtures		330,561			329,391
	CRM/ERP system		220,807			-
			12,323,413			11,617,148
	Less accumulated depreciation and amortization		(8,501,027	)		(8,003,519	)
		$	3,822,386		$	3,613,629
	Depreciation expense for the fiscal year ended March 31, 2014 and 2013 was $497,507 and $498,614.
	Accrued expenses consist of the following at:
		March 31,			March 31,
		2014			2013
	Accrued expenses
	Accrued payroll and taxes	$	153,680		$	128,914
	Accrued property taxes		171,000			110,000
	Accrued sales taxes		36,346			30,102
		$	361,026		$	269,016

3_LongTerm_Debt

3. Long-Term Debt	12 Months Ended
	Mar. 31, 2014
Debt Disclosure [Abstract]	'
3. Long-Term Debt	'
	Long-term debt is as follows:
		March 31,			March 31,
		2014			2013
	Note payable to a bank with interest fixed at 5.0% until February 2017, at which time the interest rate may change. The note calls for monthly principal and interest payments of $17,690 with unpaid principal and interest due February 2, 2022. The note is cross-collateralized with the line of credit and backed by substantially all assets of the Company and guaranteed by three stockholders who are also directors of the Company.  The note is subject to certain restrictive covenants.	$	2,648,620		$	2,730,449
		$	1,348,046		$	1,405,019
	Note payable to a bank with an effective interest rate of 4.951% for the full 20 year term. The note calls for monthly principal and interest payments of $10,088 effective May 1, 2012 and matures in April 2032. The note is cross collateralized with the line of credit and backed by substantially all assets of the Company and is guaranteed by three stockholders who are also directors of the Company.
		$	9,873		$	15,680
	Note payable to a bank with interest fixed at 6% until October 2017. The note calls for monthly principal and interest payments of $349 effective October 2012. The note is cross collateralized with the line of credit and backed by substantially all assets of the Company and is guaranteed by three stockholders who are also directors of the Company.
		$	15,342		$	-
	Note payable to a bank with interest fixed at 6% until May 2017. The note calls for monthly principal and interest payments of $444 effective June 2013. The note is cross collateralized with the line of credit and backed by substantially all assets of the Company and is guaranteed by three stockholders and officers of the Company.
		$	92,000		$	-
	Agreement with a vendor for CRM software. Agreement calls for monthly payments of $4,000 until February 2016.
			4,113,881			4,151,148
	Less current portion		(189,042	)		(146,325	)
		$	3,924,839		$	4,004,823
	Maturities of Long-Term Debt Obligations:
	Year Ending March 31,
	2015	$	189,042
	2016		204,661
	2017		155,239
	2018		157,293
	2017		162,978
	Thereafter		3,244,668
	Total payments		4,113,881
	Less current portion		(189,042	)
	Long-term debt obligation	$	3,924,839

4_Line_of_Credit

4. Line of Credit	12 Months Ended
	Mar. 31, 2014
Debt Disclosure [Abstract]	'
4. Line of Credit	'
	The Company has a line of credit with ANB Bank in the amount of $750,000. As of March 31, 2014, the Company did not have a balance on the line of credit. The line of credit is subject to certain borrowing base requirements, requires monthly interest payments calculated at Prime plus 1% with a minimum rate of 5.5%. The borrowing base was $750,000 as of March 31, 2014. The line includes certain reporting and financial covenants, is cross-collateralized by substantially all assets of the Company and is guaranteed by two Company executives who are also directors of the Company and one other director of the Company. The line has a maturity date of December 27, 2014.

5_Capital_Leases

5. Capital Leases	12 Months Ended
	Mar. 31, 2014
Leases [Abstract]	'
5. Capital Leases	'
	The Company acquired assets under the provisions of a long-term lease.  For financial reporting purposes, minimum lease payments relating to the assets have been capitalized.  The leases have various expiration dates between November 2015 and February 2020.  Amortization of the leased property is included in depreciation expense.
	The assets under capital lease have cost and accumulated amortization as follows:
		March 31,
		2014
	Cost	$	320,200
	Less accumulated amortization		(164,229	)
		$	155,971
	Maturities of capital lease obligations are as follows:
	Year Ending March 31,
	2015	$	93,713
	2016		67,841
	2017		14,053
	Total minimum lease payments		175,607
	Amount representing interest		(19,637	)
	Present value of net minimum lease payments		155,970
	Less current portion		(82,508	)
	Long term capital lease obligation	$	73,462

6_Income_Taxes

6. Income Taxes	12 Months Ended
	Mar. 31, 2014
Income Tax Disclosure [Abstract]	'
6. Income Taxes	'
	The Company recognizes deferred tax liabilities and assets for the expected future tax consequences of events that have been included in the financial statements or tax returns.  Deferred tax liabilities and assets are determined based on the differences between the financial statement and tax basis of assets and liabilities using the enacted tax rates in effect for the year in which the differences are expected to reverse.  The measurement of deferred tax assets is reduced, if necessary, by the amount of any tax benefits that are not expected to be realized based on available evidence. Net operating losses in the amount of approximately $590,000 for state taxes begin to expire in 2028.
	The Company is subject to income taxes in the U.S. federal jurisdiction, and various state and local jurisdictions. Tax regulations within each jurisdiction are subject to the interpretation of the related tax laws and regulations and require significant judgment to apply. In the United States, the tax years 2010-2013 remain open to examination by the federal Internal Revenue Service and the tax years 2009-2013 remain open for various state taxing authorities. The Company has not taken any uncertain tax positions.  The net current and long-term deferred tax assets and liabilities in the accompanying balance sheet include the following:
		March 31,			March 31,
		2014			2013
	Current deferred tax asset	$	29,648		$	29,648
	Current deferred tax liability		-			-
	Net current deferred tax asset	$	29,648		$	29,648
	Long-term deferred tax asset		26,522			61,364
	Long-term deferred tax liability		(85,673	)		(68,839	)
	Net long-term deferred tax liability	$	(59,151	)	$	(7,475	)
	Temporary differences giving rise to the net deferred tax (liability) asset are as follows:
	Allowance for doubtful accounts	$	29,648		$	29,648
	Property and equipment		(85,673	)		(68,839	)
	Net operating loss and credits		26,522			61,364
		$	(29,503	)	$	22,173
	The following is a reconciliation of the statutory federal income tax rate applied to pre-tax accounting net income compared to the income tax expense (benefit) in the statements of income:
		For the Years Ended
		March 31,
		2014			2013
	Federal income taxes computed at statutory rate	$	280,336		$	169,493
	State income taxes		23,760			25,581
	Stock based compensation		-			6,841
	Other		15,955			13,481
	Valuation allowance		-			(228,802	)
		$	320,051		$	(13,406	)

7_Commitments_and_Contingency

7. Commitments and Contingency	12 Months Ended
	Mar. 31, 2014
Commitments and Contingencies Disclosure [Abstract]	'
7. Commitments and Contingency	'
	Operating Leases
	The Company leases delivery trucks, vehicles, equipment and property under non-cancelable operating leases.  Rent expense for these leases was $446,302 and $415,812 for the years ended March 31, 2014 and 2013, respectively.
	Future minimum lease payments under these leases are approximately as follows:
	Year Ending March 31,
	2015	$	345,671
	2016		302,832
	2017		281,262
	2018		261,482
	2019		215,163
	Thereafter		109,048
		$	1,515,458
	Renewable Energy Service Agreement
	On June 11, 2009, the Company entered into a twenty year renewable energy service agreement with Eldorado Springs Solar, LLC, an unrelated third party, to design, install, own, operate and maintain a solar electricity generating system at our property in Louisville, Colorado. The Company will purchase all of the solar electricity generated by the system which will provide approximately 50% of the electricity needs at the facility in Louisville, Colorado. The agreement provides a guaranteed energy rate schedule for 10 years with a reset rate in year eleven for the electric cost. If the Company was to terminate the agreement the Company would be required to pay a termination penalty. As of March 31, 2014, this penalty would be approximately $350,000. The Company also has the option to purchase and take title to the system starting in year eleven. During the fiscal year ended March 31, 2014, the Company expensed approximately $11,750 in utility costs under this agreement.

8_Contingency

8. Contingency	12 Months Ended
	Mar. 31, 2014
Notes to Financial Statements	'
8. Contingency	'
	When we purchased the Eldorado Springs property in 1983, included in the purchase of the real estate were certain water rights that had been decreed for the water sources located on the property. We have the right to beneficially use the water derived from the sources of water that are the subject of the decreed water rights, unless there is a call being made downstream from our location by a water right that is senior to ours. A senior water right would be obtained by those that applied water to a beneficial use prior to the uses associated with our water sources. Because the Eldorado Springs area was not developed until the early 1900’s there are many senior water rights that could place a call on the stream and unless we have a recognized replacement source of water or a decreed augmentation plan (“Augmentation Plan”), we would be forced to stop using the water from our sources.
	Because demand for our spring water exists on a year round basis, we require a replacement water source that can be delivered to the stream at any time during the year. Since the drought of 2002, we purchased shares of stock of FRICO, entitling us to use a pro rata portion of the water belonging to FRICO as operated pursuant to state regulations that govern what are known as Mutual Ditch Companies. The Marshall reservoir is located in close proximity to our water sources in Eldorado Springs and because the water is stored, it can be released upon demand to meet our obligations.
	The water represented by our shares in the FRICO system had been historically used for irrigating croplands. This meant that, in addition to obtaining a decreed Augmentation Plan from the Colorado Water Court, we had to obtain a change of use decree in order to use the water for replacing our withdrawals as part of the Augmentation Plan. The Water Court of the State of Colorado entered a Decree on April 16, 2013 approving the change in water rights and the terms and conditions of our Augmentation Plan, subject to the retained jurisdiction clauses normally associated with such actions. The Decree allows us to use the water represented by our FRICO shares as augmentation water to replace our out-of-priority withdrawals from our springs and other sources. It also established the conditions under which we can add other sources of water to the Augmentation Plan for use as additional replacement water. It is possible that our ability to withdraw water from our springs in a particular year may be limited if the water associated with our FRICO shares under drought conditions is not sufficient to meet all of our replacement requirements. Because drought is an ever present possibility in our location, we will continue to seek additional sources of replacement and augmentation water to add to our Augmentation Plan.

9_Stockholders_Equity

9. Stockholders' Equity	12 Months Ended
	Mar. 31, 2014
Equity [Abstract]	'
9. Stockholders' Equity	'
	Stock Options
	The Company has a qualified stock plan, the 2008 Incentive Stock Plan, pursuant to which 2,000,000 shares were reserved for issuance.  As of March 31, 2014, 1,950,000 shares were available for future grant.  Additionally, the Company previously had a qualified stock plan, the 1997 Stock Option Plan, which expired in 2007, pursuant to which 875,000 shares were reserved for issuance.  As of March 31, 2014, 49,000 shares were reserved for issuance pursuant to outstanding grants and no shares were available for future grant as the plan has expired.  The 2008 Incentive Stock Plan and the 1997 Stock Option Plan, referred to herein as the Plans, and the shares issuable there under, are both registered on Form S-8 with the Securities and Exchange Commission.  The Plans provide for the grant of options and other equity based awards to employees, directors and consultants of the Company and are administered by the Company’s Board of Directors.
	The following table presents the activity for options outstanding:
							Weighted
							Average
			Stock				Exercise
			Options				Price
	Outstanding - March 31, 2012			111,000			$	1.55
	Granted			-				-
	Forfeited/canceled			(7,000	)			1.2
	Exercised			-				-
	Outstanding - March 31, 2013			104,000				1.57
	Granted			-				-
	Forfeited/canceled/expired			(5,000	)			0.88
	Exercised			-				-
	Outstanding - March 31, 2014			99,000			$	1.6
	The following table presents the composition of options outstanding and exercisable:
					Options Outstanding								Options Exercisable
	Exercise Prices				Number				Price*		Life*		Number		Price*
	$	0.875				10,000			$	0.88		1.08		10,000	$	0.88
		1				9,000				1		0.08		9,000		1
		1.65				14,000				1.65		2.09		14,000		1.65
		1.75				16,000				1.75		3.09		16,000		1.75
		1.8				50,000				1.8		4.05		50,000		1.8
	Total - March 31, 2014					99,000			$	1.6		2.96		99,000	$	1.6
	*Price and Life reflect the weighted average exercise price and weighted average remaining contractual life, in years, respectively.
	Compensation expense recorded during the years ended March 31, 2014 and 2013 for options granted under the 2008 and 1997 Incentive Stock Plan was $0 and $20,121.  As of March 31, 2014 all options granted under the 1997 Incentive Stock Plan were fully vested and 50,000 options were fully vested under the 2008 Incentive Stock Plan.

10_Employee_Benefit_Plan

10. Employee Benefit Plan	12 Months Ended
	Mar. 31, 2014
Compensation and Retirement Disclosure [Abstract]	'
10. Employee Benefit Plan	'
	The Company has adopted a 401(k) profit sharing plan for its employees.  Employees become eligible to participate in the plan once they have completed one year of service and have reached 21 years of age.  Contributions by the Company and employees vest immediately.  The Company matches 100% of employee’s contributions up to 3% of the employee’s gross pay.  The Company matched approximately $52,600 for the year ended March 31, 2014 and $43,100 for the year ended March 31, 2013.  No discretionary profit sharing contributions were approved by the Board of Directors for the years ended March 31, 2014 and 2013.

1_Summary_of_Significant_Accou

1. Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Mar. 31, 2014
Accounting Policies [Abstract]	'
Concentrations of Credit Risk	'
	The Company maintains cash in bank accounts that may, at times, exceed FDIC insurance limits.  Financial instruments potentially subjecting the Company to concentrations of credit risk consist primarily of accounts receivable.  The Company grants credit to customers located primarily in Colorado.  The Company periodically performs credit analysis and monitors the financial condition of its clients in order to minimize credit risk.
Cash and Cash Equivalents	'
	The Company considers all highly liquid investments with original maturities of three months or less to be cash equivalents. At March 31, 2014 and 2013, the Company did not have any cash equivalents.
Accounts Receivable	'
	The Company extends unsecured credit to its customers in the ordinary course of business. The Company considers a reserve for doubtful accounts based on the creditworthiness of the customer. The provision for uncollectible amounts is continually reviewed and adjusted to maintain the allowance at a level considered adequate to cover future losses. The allowance is management's best estimate of uncollectible amounts and is determined based on historical performance that is tracked by the Company on an ongoing basis.
Inventories	'
	Inventories consist of direct costs which are primarily made up of water bottles and packaging and are stated at the lower of cost or market, determined using the first-in, first-out method (FIFO).
Deposits	'
	Deposits consist primarily of deposits related to the purchase of equipment.
Property, Plant and Equipment	'
	Property, plant and equipment are stated at cost.  Machinery, equipment, furniture and fixtures are depreciated using various methods over their estimated useful lives, ranging from 3 to 7 years.  Buildings and improvements are depreciated using the straight-line method over the estimated useful lives for owned assets, ranging from 15 to 39 years.  Depreciable lives on leasehold improvements are the shorter of the lease term or the useful life. Capital leased assets amortize over the estimated useful life or related lease term.
Investments	'
	The Company owns investments of capital stock in an investee. This investment entitles the Company to an equal pro rata share of this investee’s irrigation system. As the ownership represents less than 20% ownership of the Company the value of this investment is stated at cost and evaluated for impairment if there are indications of such.
Water Rights	'
	Water rights are recorded at cost. As water rights have an indefinite life, no amortization is recognized.
Other Assets	'
	Other assets consist of loan fees and other costs which have been recorded at cost and are being amortized using the effective interest method over the term of the loan. The Company expects to amortize approximately $18,500 each year for the next three years.
Long-Lived Assets	'
	The Company reviews its long-lived assets for impairment whenever events or changes in circumstances indicate that the carrying amount of the asset may not be recovered.  The Company looks primarily to the undiscounted future cash flows in its assessment of whether or not long-lived assets have been impaired. No impairments were deemed necessary during the fiscal years 2014 and 2013.
Customer Deposits	'
	Customer deposits consist primarily of deposits on bottles and equipment.
Stock Based Compensation	'
	The Company accounts for stock-based compensation arrangements for employees and recognizes compensation expense for share-based awards based on the grant date estimated fair value of the awards using the Black Scholes option pricing model.  Compensation expense for all share-based awards is recognized in earnings over the requisite service period (generally the vesting period).  The Company records compensation expense related to non-employees over the service periods commensurate with the services provided.  Compensation expense recorded during fiscal year 2014 and 2013 was $0 and $20,121 respectively.
Basic and Diluted Loss Per Common Share	'
	Basic earnings per share is computed by dividing net income (loss) by the weighted average number of common shares outstanding. Shares issued during the period and shares reacquired during the period are weighted for the portion of the period that they were outstanding. Diluted earnings per share is computed in a manner consistent with that of basic earnings per share while giving effect to all potentially dilutive common shares that were outstanding during the period.
	Potentially dilutive common shares and outstanding options and warrants which have been excluded from the computation of diluted income per share as of March 31, 2014 and 2013 were 99,000 and 104,000, respectively, because their effect would have been antidilutive.
Fair Value of Financial Instruments	'
	The carrying amounts of financial instruments including cash, receivables, accounts payable and  accrued expenses approximated fair value as of March 31, 2014, because of the relatively short maturity of these instruments. The carrying amount of long-term debt issued approximates fair value as of March 31, 2014 because interest rates on these instruments approximate market interest rates.
Revenue Recognition	'
	Revenue is recognized on the sale of products as customer shipments are made.  Returns are estimated and recorded at the time of sale.  Rental revenue is recognized on a monthly basis upon commencement of the lease agreement. Water utility revenue is recognized on a monthly basis based upon the monthly contracted rate.
Shipping Costs	'
	Shipping costs for materials used in the final products are included in the cost of goods. Shipping costs for products delivered to customers are included in total operating expenses.
Promotional Expense - Consideration to Vendors	'
	The Company recognizes certain promotional expense as a reduction in revenues. These costs included off invoice discounts to resellers and promotions for customers.
Advertising Costs	'
	The Company expenses advertising costs as incurred.  Advertising expense for the years ended March 31, 2014 and 2013 were $252,540 and $219,888, respectively.
Use of Estimates	'
	The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosures of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period.  Actual results could differ from those estimates.
Recently Issued Accounting Pronouncements	'
	The Company continually assesses any new accounting pronouncements to determine their applicability to the Company. Where it is determined that a new accounting pronouncement affects the Company’s financial reporting, the Company undertakes a study to determine the consequence of the change to its financial statements and assures that there are proper controls in place to ascertain that the Company’s financials properly reflect the change. New pronouncements assessed by the Company recently are discussed below:
	In July 2013, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2013-11, Income Taxes (Topic 740) amending guidance on the financial statement presentation of an unrecognized tax benefit when a net operating loss carryforward, similar tax loss, or tax credit carryforward exists. The guidance requires an unrecognized tax benefit, or a portion of an unrecognized tax benefit, to be presented as a reduction of a deferred tax asset when a net operating loss carryforward, similar tax loss, or tax credit carryforward exists, with certain exceptions. This accounting guidance is effective prospectively for the Company beginning in the first quarter of fiscal year 2015, with early adoption permitted. While the Company is currently evaluating the impact, its adoption is not expected to have a material impact on the Company’s financial statements.
	In July 2013, the FASB issued ASU No. 2013-10, Derivatives and Hedging (Topic 815) permitting entities to designate the Fed Funds Effective Swap Rate as a U.S. benchmark interest rate for hedge accounting purposes. Prior to the issuance of this guidance, only interest rates on direct treasury obligations of the U.S. government and the LIBOR swap rate were considered benchmark interest rates in the U.S. This guidance is effective immediately and can be applied prospectively for qualifying new or redesignated hedging relationships entered into on or after July 17, 2013. Currently, the Company does not use the Fed Funds Effective Swap Rate as a benchmark interest rate, but may in the future.
	In July 2013, the FASB issued ASU No. 2013-10, Derivatives and Hedging (Topic 815) permitting entities to designate the Fed Funds Effective Swap Rate as a U.S. benchmark interest rate for hedge accounting purposes. Prior to the issuance of this guidance, only interest rates on direct treasury obligations of the U.S. government and the LIBOR swap rate were considered benchmark interest rates in the U.S. This guidance is effective immediately and can be applied prospectively for qualifying new or redesignated hedging relationships entered into on or after July 17, 2013. Currently, the Company does not use the Fed Funds Effective Swap Rate as a benchmark interest rate, but may in the future.

2_Balance_Sheet_Disclosures_Ta

2. Balance Sheet Disclosures (Tables)	12 Months Ended
	Mar. 31, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
Accounts receivable	'
		March 31,			March 31,
		2014			2013
	Accounts receivable
	Accounts receivable	$	1,401,330		$	1,087,197
	Allowance for doubtful accounts		(80,000	)		(80,000	)
		$	1,321,330		$	1,007,197
Property, plant and equipment	'
		March 31,			March 31,
		2014			2013
	Property, plant and equipment
	Land	$	1,000,263		$	1,000,263
	Buildings and improvements		4,543,436			4,442,756
	Machinery and equipment		6,228,346			5,844,738
	Office furniture and fixtures		330,561			329,391
	CRM/ERP system		220,807			-
			12,323,413			11,617,148
	Less accumulated depreciation and amortization		(8,501,027	)		(8,003,519	)
		$	3,822,386		$	3,613,629
Accrued expenses	'
		March 31,			March 31,
		2014			2013
	Accrued expenses
	Accrued payroll and taxes	$	153,680		$	128,914
	Accrued property taxes		171,000			110,000
	Accrued sales taxes		36,346			30,102
		$	361,026		$	269,016

3_LongTerm_Debt_Tables

3. Long-Term Debt (Tables)	12 Months Ended
	Mar. 31, 2014
Debt Disclosure [Abstract]	'
Schedule of long-term debt	'
		March 31,			March 31,
		2014			2013
	Note payable to a bank with interest fixed at 5.0% until February 2017, at which time the interest rate may change. The note calls for monthly principal and interest payments of $17,690 with unpaid principal and interest due February 2, 2022. The note is cross-collateralized with the line of credit and backed by substantially all assets of the Company and guaranteed by three stockholders who are also directors of the Company.  The note is subject to certain restrictive covenants.	$	2,648,620		$	2,730,449
		$	1,348,046		$	1,405,019
	Note payable to a bank with an effective interest rate of 4.951% for the full 20 year term. The note calls for monthly principal and interest payments of $10,088 effective May 1, 2012 and matures in April 2032. The note is cross collateralized with the line of credit and backed by substantially all assets of the Company and is guaranteed by three stockholders who are also directors of the Company.
		$	9,873		$	15,680
	Note payable to a bank with interest fixed at 6% until October 2017. The note calls for monthly principal and interest payments of $349 effective October 2012. The note is cross collateralized with the line of credit and backed by substantially all assets of the Company and is guaranteed by three stockholders who are also directors of the Company.
		$	15,342		$	-
	Note payable to a bank with interest fixed at 6% until May 2017. The note calls for monthly principal and interest payments of $444 effective June 2013. The note is cross collateralized with the line of credit and backed by substantially all assets of the Company and is guaranteed by three stockholders and officers of the Company.
		$	92,000		$	-
	Agreement with a vendor for CRM software. Agreement calls for monthly payments of $4,000 until February 2016.
			4,113,881			4,151,148
	Less current portion		(189,042	)		(146,325	)
		$	3,924,839		$	4,004,823
Maturities of long-term debt	'
	Year Ending March 31,
	2015	$	189,042
	2016		204,661
	2017		155,239
	2018		157,293
	2017		162,978
	Thereafter		3,244,668
	Total payments		4,113,881
	Less current portion		(189,042	)
	Long-term debt obligation	$	3,924,839

5_Capital_Leases_Tables

5. Capital Leases (Tables)	12 Months Ended
	Mar. 31, 2014
Leases [Abstract]	'
Schedule of Capital Leased Assets	'
		March 31,
		2014
	Cost	$	320,200
	Less accumulated amortization		(164,229	)
		$	155,971
Maturities of capital lease obligations	'
	Year Ending March 31,
	2015	$	93,713
	2016		67,841
	2017		14,053
	Total minimum lease payments		175,607
	Amount representing interest		(19,637	)
	Present value of net minimum lease payments		155,970
	Less current portion		(82,508	)
	Long term capital lease obligation	$	73,462

6_Income_Taxes_Tables

6. Income Taxes (Tables)	12 Months Ended
	Mar. 31, 2014
Income Tax Disclosure [Abstract]	'
Schedule of Deferred Tax Assets and Liabilities	'
		March 31,			March 31,
		2014			2013
	Current deferred tax asset	$	29,648		$	29,648
	Current deferred tax liability		-			-
	Net current deferred tax asset	$	29,648		$	29,648
	Long-term deferred tax asset		26,522			61,364
	Long-term deferred tax liability		(85,673	)		(68,839	)
	Net long-term deferred tax liability	$	(59,151	)	$	(7,475	)
	Temporary differences giving rise to the net deferred tax (liability) asset are as follows:
	Allowance for doubtful accounts	$	29,648		$	29,648
	Property and equipment		(85,673	)		(68,839	)
	Net operating loss and credits		26,522			61,364
		$	(29,503	)	$	22,173
Schedule of Effective Income Tax Rate Reconciliation	'
		For the Years Ended
		March 31,
		2014			2013
	Federal income taxes computed at statutory rate	$	280,336		$	169,493
	State income taxes		23,760			25,581
	Stock based compensation		-			6,841
	Other		15,955			13,481
	Valuation allowance		-			(228,802	)
		$	320,051		$	(13,406	)

7_Commitments_and_Contingency_

7. Commitments and Contingency (Tables)	12 Months Ended
	Mar. 31, 2014
Commitments and Contingencies Disclosure [Abstract]	'
Future minimum lease payments	'
	Year Ending March 31,
	2015	$	345,671
	2016		302,832
	2017		281,262
	2018		261,482
	2019		215,163
	Thereafter		109,048
		$	1,515,458

9_Stockholders_Equity_Tables

9. Stockholders' Equity (Tables)	12 Months Ended
	Mar. 31, 2014
Equity [Abstract]	'
Activity for options outstanding	'
							Weighted
							Average
			Stock				Exercise
			Options				Price
	Outstanding - March 31, 2012			111,000			$	1.55
	Granted			-				-
	Forfeited/canceled			(7,000	)			1.2
	Exercised			-				-
	Outstanding - March 31, 2013			104,000				1.57
	Granted			-				-
	Forfeited/canceled/expired			(5,000	)			0.88
	Exercised			-				-
	Outstanding - March 31, 2014			99,000			$	1.6
Options outstanding and exercisable	'
					Options Outstanding								Options Exercisable
	Exercise Prices				Number				Price*		Life*		Number		Price*
	$	0.875				10,000			$	0.88		1.08		10,000	$	0.88
		1				9,000				1		0.08		9,000		1
		1.65				14,000				1.65		2.09		14,000		1.65
		1.75				16,000				1.75		3.09		16,000		1.75
		1.8				50,000				1.8		4.05		50,000		1.8
	Total - March 31, 2014					99,000			$	1.6		2.96		99,000	$	1.6

1_Description_of_Business_and_1

1. Description of Business and Summary of Significant Accounting Policies (Details Narrative) (USD $)	12 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Description Of Business And Summary Of Significant Accounting Policies Details Narrative	'	'
Compensation expense	$0	$20,121
Potentially dilutive common shares and outstanding options and warrants which have been excluded from the computation of diluted income per share	99,000	104,000
Advertising costs	$252,540	$219,888

2_Balance_Sheet_Disclosures_De

2. Balance Sheet Disclosures (Details) (USD $)	Mar. 31, 2014	Mar. 31, 2013
Balance Sheet Disclosures Details	'	'
Accounts receivable	$1,401,330	$1,087,197
Allowance for doubtful accounts	-80,000	-80,000
Accounts Receivable, Net	$1,321,330	$1,007,197

2_Balance_Sheet_Disclosures_De1

2. Balance Sheet Disclosures (Details 1) (USD $)	Mar. 31, 2014	Mar. 31, 2013
Balance Sheet Disclosures Details 1	'	'
Land	$1,000,263	$1,000,263
Buildings and improvements	4,543,436	4,442,756
Machinery and equipment	6,228,346	5,844,738
Office furniture and fixtures	330,561	329,391
CRM/ERP system	220,807	0
Property Plant And Equipment, Gross	12,323,413	11,617,148
Less accumulated depreciation and amortization	-8,501,027	-8,003,519
Property Plant And Equipment, Net	$3,822,386	$3,613,629

2_Balance_Sheet_Disclosures_De2

2. Balance Sheet Disclosures (Details 2) (USD $)	Mar. 31, 2014	Mar. 31, 2013
Balance Sheet Disclosures Details 2	'	'
Accrued payroll and taxes	$153,680	$128,914
Accrued property taxes	171,000	110,000
Accrued sales taxes	36,346	30,102
Accrued expenses	$361,026	$269,016

3_LongTerm_Debt_Details

3. Long-Term Debt (Details) (USD $)	Mar. 31, 2014	Mar. 31, 2013
Long-Term Debt Details	'	'
Note payable to a bank with interest fixed at 5.0% until February 2017, at which time the interest rate may change. The note calls for monthly principal and interest payments of $17,690 with unpaid principal and interest due February 2, 2022. The note is cross-collateralized with the line of credit and backed by substantially all assets of the Company and guaranteed by three stockholders who are also directors of the Company. The note is subject to certain restrictive covenants.	$2,648,620	$2,730,449
Note payable to a bank with an effective interest rate of 4.951% for the full 20 year term. The note calls for monthly principal and interest payments of $10,088 effective May 1, 2012 and matures in April 2032. The note is cross collateralized with the line of credit and backed by substantially all assets of the Company and is guaranteed by three stockholders and officers of the Company.	1,348,046	1,405,019
Note payable to a bank with interest fixed at 6% until October 2017. The note calls for monthly principal and interest payments of $349 effective October 2012. The note is cross collateralized with the line of credit and backed by substantially all assets of the Company and is guaranteed by three stockholders and officers of the Company.	9,873	15,680
Note payable to a bank with interest fixed at 6% until May 2017. The note calls for monthly principal and interest payments of $444 effective June 2013. The note is cross collateralized with the line of credit and backed by substantially all assets of the Company and is guaranteed by three stockholders and officers of the Company.	15,342	0
Agreement with a vendor for CRM software. Agreement calls for monthly payments of $4,000 until February 2016.	92,000	0
Long Term Debt	4,113,881	4,151,148
Less current portion	-189,042	-146,325
Long Term Debt, Noncurrent	$3,924,839	$4,004,823

3_LongTerm_Debt_Details_1

3. Long-Term Debt (Details 1) (USD $)	Mar. 31, 2014	Mar. 31, 2013
Long-Term Debt Details 1	'	'
2015	$189,042	'
2016	204,661	'
2017	155,239	'
2018	157,293	'
2019	162,978	'
Thereafter	3,244,668	'
Total payments	4,113,881	'
Net payments	4,113,881	4,151,148
Less current portion	-189,042	-146,325
Long-term debt obligation	$3,924,839	$4,004,823

5_Capital_Leases_Details

5. Capital Leases (Details) (USD $)	Mar. 31, 2014
Capital Leases Details	'
Cost	$320,200
Less accumulated amortization	-164,229
Capital lease assets	$155,971

5_Capital_Leases_Details_1

5. Capital Leases (Details 1) (USD $)	Mar. 31, 2014	Mar. 31, 2013
Capital Leases Details 1	'	'
2015	$93,713	'
2016	67,841	'
2017	14,053	'
Total minimum lease payments	175,607	'
Amount representing interest	-19,637	'
Present value of net minimum lease payments	155,970	'
Less current portion	-82,508	-49,341
Long-term capital lease obligation	$73,462	$45,591

6_Income_Taxes_Details

6. Income Taxes (Details) (USD $)	Mar. 31, 2014	Mar. 31, 2013
Income Taxes Details	'	'
Current deferred tax asset	$29,648	$29,648
Current deferred tax liability	0	0
Net current deferred tax asset	29,648	29,648
Long-term deferred tax asset	26,522	61,364
Long-term deferred tax liability	-85,673	-68,839
Net long-term deferred tax liability	-59,151	-7,475
Allowance for doubtful accounts	29,648	29,648
Property and equipment	-85,673	-68,839
Net operating loss and credits	26,522	61,364
Deferred Tax Assets, Net	($29,503)	$22,173

6_Income_Taxes_Details_2

6. Income Taxes (Details 2) (USD $)	12 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Income Taxes Details 2	'	'
Federal income taxes computed at statutory rate	$280,336	$169,493
State income taxes	23,760	25,581
Stock based compensation	0	6,841
Other	15,955	13,481
Valuation allowance	0	-228,802
Effective Income Tax	$320,051	($13,406)

7_Commitments_and_Contingency_1

7. Commitments and Contingency (Details) (USD $)	Mar. 31, 2014
Commitments And Contingency Details	'
2015	$345,671
2016	302,832
2017	281,262
2018	261,482
2019	215,163
Thereafter	109,048
Operating Leases Future Minimum Payments Due	$1,515,458

9_Stockholders_Equity_Details

9. Stockholders' Equity (Details) (USD $)	12 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Number of Options	'	'
Number of Options Outstanding, Beginning	104,000	111,000
Number of Options Granted	0	0
Number of Options Forfeited/canceled	-5,000	-7,000
Number of Options Exercised	0	0
Number of Options Outstanding, Ending	99,000	104,000
Weighted Average Exercise Price	'	'
Weighted Average Exercise Price Outstanding, Beginning	$1.57	$1.55
Weighted Average Exercise Price Granted	$0	$0
Weighted Average Exercise Price Forfeited/canceled	$0.88	$1.20
Weighted Average Exercise Price Exercised	$0	$0
Weighted Average Exercise Price Outstanding, Ending	$1.60	$1.57

9_Stockholders_Equity_Details_

9. Stockholders' Equity (Details 1)	12 Months Ended
	Mar. 31, 2014	Mar. 31, 2013	Mar. 31, 2012
Number of Options Outstanding, Ending	99,000	104,000	111,000
Number of Options Exercisable	99,000	'	'
Life	'2 years 11 months 16 days	'	'
0.875	'	'	'
Number of Options Outstanding, Ending	10,000	'	'
Number of Options Exercisable	10,000	'	'
Life	'1 year 29 days	'	'
1	'	'	'
Number of Options Outstanding, Ending	9,000	'	'
Number of Options Exercisable	9,000	'	'
Life	'29 days	'	'
1.65	'	'	'
Number of Options Outstanding, Ending	14,000	'	'
Number of Options Exercisable	14,000	'	'
Life	'2 years 1 month 2 days	'	'
1.75	'	'	'
Number of Options Outstanding, Ending	16,000	'	'
Number of Options Exercisable	16,000	'	'
Life	'3 years 1 month 2 days	'	'
1.8	'	'	'
Number of Options Outstanding, Ending	50,000	'	'
Number of Options Exercisable	50,000	'	'
Life	'4 years 18 days	'	'

10_Employee_Benefit_Plan_Detai

10. Employee Benefit Plan (Details Narrative) (USD $)	12 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Employee Benefit Plan Details Narrative	'	'
Company's matching percentage	3.00%	3.00%
Company's matching amount	$52,600	$43,100