Eldorado Artesian Springs (ELDO) 10-K 29 Jun 15 2015 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Mar. 31, 2015	Jun. 29, 2015	Sep. 30, 2014
Document And Entity Information
Entity Registrant Name	ELDORADO ARTESIAN SPRINGS INC
Entity Central Index Key	796,124
Document Type	10-K
Document Period End Date	Mar. 31, 2015
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			$ 4,027,255
Entity Common Stock, Shares Outstanding		6,036,091
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2,015

Balance Sheets

Balance Sheets - USD ($)	Mar. 31, 2015	Mar. 31, 2014
Assets
Cash	$ 1,050,655	$ 674,459
Accounts receivable - trade, net	1,643,740	1,321,330
Inventories	450,041	377,907
Income tax receivable	0	57,358
Prepaid expenses and other	56,332	26,158
Deferred tax asset	44,470	29,648
Total current assets	3,245,238	2,486,860
Non-current assets
Property, plant and equipment, net	3,732,498	3,822,386
Investments	361,196	361,196
Water rights, net	71,675	71,675
Deposits	20,384	92,204
Other, net	109,545	125,482
Total non-current assets	4,295,298	4,472,943
Total assets	7,540,536	6,959,803
Liabilities and Stockholders' Equity
Accounts payable	359,643	452,494
Accrued expenses	398,605	361,026
Income taxes payable	138,914	0
Customer deposits	146,639	107,191
Current portion of capital lease obligations	91,860	82,508
Current portion of long-term debt	188,654	189,042
Total current liabilities	1,324,315	1,192,261
Non-current liabilities
Deferred tax liability	147,805	59,151
Capital lease obligations, less current portion	68,771	73,462
Long term debt, less current portion	3,719,369	3,924,839
Total non-current liabilities	3,935,945	4,057,452
Total liabilities	$ 5,260,260	$ 5,249,713
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	580,502	10,316
Total stockholders' equity	2,280,276	1,710,090
Total liabilities and stockholders' equity	$ 7,540,536	$ 6,959,803

Balance Sheets (Parenthetical)

Balance Sheets (Parenthetical) - $ / shares	Mar. 31, 2015	Mar. 31, 2014
Statement of Financial Position [Abstract]
Preferred stock, par value	$ 0.001	$ 0.001
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	$ 0.001	$ 0.001
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, 2015	Mar. 31, 2014
Revenue
Water and related, net	$ 12,497,850	$ 11,192,711
Resort operations	170,381	170,586
Total revenues	12,668,231	11,363,297
Cost of goods sold	3,182,997	2,861,679
Gross profit	9,485,234	8,501,618
Operating expenses
Salaries and related expenses	4,208,275	3,679,471
Administrative and general	2,267,421	2,017,330
Delivery	1,090,900	975,805
Advertising and promotions	259,194	252,540
Depreciation and amortization	577,267	514,170
Total operating expenses	8,403,057	7,439,316
Income from operations	1,082,177	1,062,302
Other income (expense)
Interest income	1,508	2,042
Interest expense	(215,395)	(239,826)
Total other expense	(213,887)	(237,784)
Income before income taxes	868,290	824,518
Income tax expense
Current	(224,271)	(268,375)
Deferred	(73,833)	(51,676)
Total income tax expense	(298,104)	(320,051)
Net income available to common shareholders	$ 570,186	$ 504,467
Basic common shares outstanding	6,036,091	6,036,091
Basic income per common share	$ 0.09	$ 0.08
Diluted weighted average common shares outstanding	6,038,738	6,051,043
Diluted income per common share	$ 0.09	$ 0.08

Statement of Changes in Stockho

Statement of Changes in Stockholders' Equity - USD ($)	Common Stock	Additional Paid-In Capital	(Accumulated Deficit) Retained Earnings	Total
Beginning Balance, Shares at Mar. 31, 2013	6,036,091
Beginning Balance, Value at Mar. 31, 2013	$ 6,036	$ 1,693,738	$ (494,151)	$ 1,205,623
Net income			504,467	504,467
Ending Balance, Shares at Mar. 31, 2014	6,036,091
Ending Balance, Value at Mar. 31, 2014	$ 6,036	1,693,738	10,316	1,710,090
Net income			570,186	570,186
Ending Balance, Shares at Mar. 31, 2015	6,036,091
Ending Balance, Value at Mar. 31, 2015	$ 6,036	$ 1,693,738	$ 580,502	$ 2,280,276

Statements of Cash Flows

Statements of Cash Flows - USD ($)	12 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Cash flows from operating activities
Net income	$ 570,186	$ 504,467
Adjustments to reconcile net loss to net cash provided by operating activities
Depreciation and amortization	577,267	514,170
Deferred income taxes	73,833	51,676
Changes in assets and liabilities
Accounts receivable	(322,410)	(314,133)
Inventories	(72,134)	42,141
Prepaid expenses and other	38,781	12,883
Accounts payable	(92,851)	37,052
Accrued expenses	37,579	92,010
Income taxes payable	196,271	(66,125)
Customer deposits	39,448	2,265
Net cash provided by operating activities	1,045,970	876,406
Cash flows from investing activities
Purchases of property and equipment	(369,228)	(471,289)
Net cash used in investing activities	(369,228)	(471,289)
Cash flows from financing activities
Payments on long-term debt and capital leases	(300,546)	(230,123)
Borrowings on long-term obligations	0	18,919
Net cash used in financing activities	(300,546)	(211,204)
Net increase in cash	376,196	193,913
Cash - beginning of year	674,459	480,546
Cash - end of year	$ 1,050,655	$ 674,459

1. Description of Business and

1. Description of Business and Summary of Significant Accounting Policies	12 Months Ended
	Mar. 31, 2015
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, 2015 and 2014, 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 2015 and 2014. 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. The Company did not have any stock based compensation expense during fiscal year 2015 and 2014. 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. The Company records a liability for uncertain tax positions when it is probable that a loss has been incurred and the amount can be reasonably estimated. As of March 31, 2015 and 2014, no liabilities for uncertain tax positions have been recorded. Basic and Diluted Income 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, 2015 and 2014 were 78,000 and 99,000, 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, 2015, because of the relatively short maturity of these instruments. The carrying amount of long-term debt issued approximates fair value as of March 31, 2015 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, 2015 and 2014 were $259,194 and $252,540, 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 August 2014, the Financial Accounting Standards Board (“FASB”) issued updated guidance clarifying management’s responsibility to evaluate whether there is substantial doubt about an entity’s ability to continue as a going concern and to provide related footnote disclosures. The updated guidance requires that an entity’s management evaluate whether there are conditions or events, considered in the aggregate, that raise substantial doubt about the entity’s ability to continue as a going concern within one year after the date that the financial statements are issued. The update is effective for annual periods ending after December 15, 2016, and for annual periods and interim periods thereafter. The amendment is not expected to have an impact on our consolidated financial statements or disclosures. In May 2014, the FASB issued updated guidance which supersedes existing revenue recognition requirements in U.S. GAAP. The updated guidance requires that an entity recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. To achieve that core principle, the guidance establishes a five-step approach for the recognition of revenue. The update is effective for annual reporting periods beginning after December 15, 2016, including interim periods within that reporting period. We are currently evaluating the impact of adopting this guidance on our consolidated financial statements. In April 2014, the FASB issued updated guidance changing the requirements for reporting discontinued operations. The updated guidance requires that a disposal of a component of an entity or a group of components of an entity is required to be reported in discontinued operations if the disposal represents a strategic shift that has (or will have) a major effect on an entity’s operations and financial results when the component or components meet the criteria to be classified as held for sale, is disposed of by sale or is disposed of other than by sale. The updated guidance also requires additional disclosures about discontinued operations. The updates are effective for disposals (or classifications as held for sale) of components of an entity that occur within annual periods beginning on or after December 15, 2014. The updates are not applicable to a component or components that are classified as held for sale before the effective date. The amendment is not expected to have a significant impact on our consolidated financial statements.

2. Balance Sheet Disclosures

2. Balance Sheet Disclosures	12 Months Ended
	Mar. 31, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
2. Balance Sheet Disclosures	Accounts receivable consist of the following: March 31, 2015 March 31, 2014 Accounts receivable Accounts receivable $ 1,763,740 $ 1,401,330 Allowance for doubtful accounts (120,000 ) (80,000 ) $ 1,643,740 $ 1,321,330 Property, plant and equipment consist of the following at: March 31, 2015 March 31, 2014 Property, plant and equipment Land $ 1,000,263 $ 1,000,263 Buildings and improvements 4,634,662 4,543,436 Machinery and equipment 6,545,792 6,228,346 Office furniture and fixtures 390,224 330,561 CRM/ERP system 220,807 220,807 12,791,748 12,323,413 Less accumulated depreciation and amortization (9,059,250 ) (8,501,027 ) $ 3,732,498 $ 3,822,386 Depreciation expense for the fiscal year ended March 31, 2015 and 2014 was $558,465 and $497,507, respectively. Accrued expenses consist of the following at: March 31, 2015 March 31, 2014 Accrued expenses Accrued payroll and taxes $ 185,843 $ 153,680 Accrued property taxes 169,970 171,000 Accrued sales taxes 42,792 36,346 $ 398,605 $ 361,026

3. Long-Term Debt

3. Long-Term Debt	12 Months Ended
	Mar. 31, 2015
Debt Disclosure [Abstract]
3. Long-Term Debt	Long-term debt is as follows: March 31, 2015 March 31, 2014 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 two Company executives who are also directors of the Company and a previous director and officer of the Company. The note is subject to certain restrictive covenants. $ 2,568,417 $ 2,648,620 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 $10,089 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 guaranteed by two Company executives who are also directors of the Company and a previous director and officer of the Company. $ 1,289,506 $ 1,348,046 Note payable to a bank with interest fixed at 6% until maturity in October 2017. The note calls for monthly principal and interest payments of $349. The note is cross collateralized with the line of credit and backed by substantially all assets of the Company and is guaranteed by two Company executives who are also directors of the Company and a previous director and officer of the Company. $ 3,704 $ 9,873 Note payable to a bank with interest fixed at 6% until maturity in May 2017. The note calls for monthly principal and interest payments of $444. The note is cross collateralized with the line of credit and backed by substantially all assets of the Company and is guaranteed by two Company executives who are also directors of the Company and a previous director and officer of the Company. $ 10,396 $ 15,342 Agreement with a vendor for CRM software. Agreement calls for monthly payments of $4,000 until February 2016. $ 36,000 $ 92,000 3,908,023 4,113,881 Less current portion (188,654 ) (189,042 ) $ 3,719,369 $ 3,924,839 Maturities of Long-Term Debt Obligations: Year Ending March 31, 2016 $ 188,654 2017 155,260 2018 156,902 2019 163,001 2020 169,867 Thereafter 3,074,339 Total payments 3,908,023

4. Line of Credit

4. Line of Credit	12 Months Ended
	Mar. 31, 2015
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, 2015, 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 4.25%. The borrowing base was $750,000 as of March 31, 2015. The line includes certain reporting and financial covenants, is cross-collateralized by accounts receivable and inventory of the Company and is guaranteed by two Company executives who are also directors of the Company. The line has a maturity date of December 27, 2015.

5. Capital Leases

5. Capital Leases	12 Months Ended
	Mar. 31, 2015
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 September 2015 and October 2017. Amortization of the leased property is included in depreciation expense. The assets under capital lease have cost and accumulated amortization as follows: March 31, 2015 Cost $ 419,549 Less accumulated amortization (299,336 ) $ 120,213 Maturities of capital lease obligations are as follows: Year Ending March 31, 2016 $ 105,999 2017 51,226 2018 24,434 Total minimum lease payments 181,659 Amount representing interest (21,028 ) Present value of net minimum lease payments 160,631 Less current portion (91,860 ) Long term capital lease obligation $ 68,771

6. Income Taxes

6. Income Taxes	12 Months Ended
	Mar. 31, 2015
Income Tax Disclosure [Abstract]
6. Income Taxes	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 2011-2014 remain open to examination by the federal Internal Revenue Service and the tax years 2010-2014 remain open for various state taxing authorities. The net current and long-term deferred tax assets and liabilities in the accompanying balance sheet include the following: March 31, 2015 March 31, 2014 Current deferred tax asset $ 44,470 $ 29,648 Current deferred tax liability - - Net current deferred tax asset $ 44,470 $ 29,648 Temporary differences giving rise to the net deferred tax (liability) asset are as follows: Allowance for doubtful accounts $ 44,470 $ 29,648 Property and equipment (149,805 ) (85,673 ) Net operating loss and credits 2,000 26,522 $ (103,335 ) $ (29,503 ) 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, 2015 2014 Federal income taxes computed at statutory rate $ 295,218 $ 280,336 State income taxes, net 25,432 23,760 Return to provision adjustments (19,007 ) 3,820 Domestic production activities deduction (26,570 ) - Other disallowances 23,031 12.135 $ 298,104 $ 320,051 Effective tax rate 34.3 % 38.8 %

7. Commitments and Contingency

7. Commitments and Contingency	12 Months Ended
	Mar. 31, 2015
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 $463,662 and $446,302 for the years ended March 31, 2015 and 2014, respectively. Future minimum lease payments under these leases are approximately as follows: Year Ending March 31, 2016 $ 431,422 2017 418,866 2018 389,347 2019 349,002 2020 247,549 Thereafter 132,458 $ 1,968,644 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, 2015, 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, 2015 and 2014, the Company expensed $9,916 and $11,750, respectively, in utility costs under this agreement.

8. Contingency

8. Contingency	12 Months Ended
	Mar. 31, 2015
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, 2015
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, 2015, 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, 2015, 38,000 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: Stock Options Weighted Average Exercise Price Outstanding - March 31, 2013 104,000 $ 1.57 Granted - - Forfeited/canceled (5,000 ) 0.88 Exercised - - Outstanding - March 31, 2014 99,000 1.60 Granted - - Forfeited/canceled/expired (11,000 ) 1.00 Exercised - - Outstanding - March 31, 2015 88,000 $ 1.66 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 0.08 10,000 $ 0.88 1.65 13,000 1.65 1.09 13,000 1.65 1.75 15,000 1.75 2.09 15,000 1.75 1.80 50,000 1.80 3.05 50,000 1.80 Total - March 31, 2015 88,000 $ 1.66 2.26 88,000 $ 1.66 *Price and Life reflect the weighted average exercise price and weighted average remaining contractual life, in years, respectively. As of March 31, 2015 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, 2015
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 $54,200 for the year ended March 31, 2015 and $52,600 for the year ended March 31, 2014. No discretionary profit sharing contributions were approved by the Board of Directors for the years ended March 31, 2015 and 2014.

11. Subsequent Events

11. Subsequent Events	12 Months Ended
	Mar. 31, 2015
Subsequent Events [Abstract]
11. Subsequent Events	On April 20, 2015, the Board of Directors of the Company approved and authorized the Company to terminate the registration of its common stock and suspend its reporting obligations under Sections 12(g) and 15(d), respectively, of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). The Company filed a Form 15 with the US Securities and Exchange Commission (the “SEC”) to effect this termination on April 30, 2015. The Company expects that the deregistration will become effective 90 days after the filing of the Form 15.

1. Summary of Significant Accou

1. Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Mar. 31, 2015
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, 2015 and 2014, 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 2015 and 2014.
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. The Company did not have any stock based compensation expense during fiscal year 2015 and 2014.
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. The Company records a liability for uncertain tax positions when it is probable that a loss has been incurred and the amount can be reasonably estimated. As of March 31, 2015 and 2014, no liabilities for uncertain tax positions have been recorded.
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, 2015 and 2014 were 78,000 and 99,000, 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, 2015, because of the relatively short maturity of these instruments. The carrying amount of long-term debt issued approximates fair value as of March 31, 2015 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, 2015 and 2014 were $259,194 and $252,540, 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 August 2014, the Financial Accounting Standards Board (“FASB”) issued updated guidance clarifying management’s responsibility to evaluate whether there is substantial doubt about an entity’s ability to continue as a going concern and to provide related footnote disclosures. The updated guidance requires that an entity’s management evaluate whether there are conditions or events, considered in the aggregate, that raise substantial doubt about the entity’s ability to continue as a going concern within one year after the date that the financial statements are issued. The update is effective for annual periods ending after December 15, 2016, and for annual periods and interim periods thereafter. The amendment is not expected to have an impact on our consolidated financial statements or disclosures. In May 2014, the FASB issued updated guidance which supersedes existing revenue recognition requirements in U.S. GAAP. The updated guidance requires that an entity recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. To achieve that core principle, the guidance establishes a five-step approach for the recognition of revenue. The update is effective for annual reporting periods beginning after December 15, 2016, including interim periods within that reporting period. We are currently evaluating the impact of adopting this guidance on our consolidated financial statements. In April 2014, the FASB issued updated guidance changing the requirements for reporting discontinued operations. The updated guidance requires that a disposal of a component of an entity or a group of components of an entity is required to be reported in discontinued operations if the disposal represents a strategic shift that has (or will have) a major effect on an entity’s operations and financial results when the component or components meet the criteria to be classified as held for sale, is disposed of by sale or is disposed of other than by sale. The updated guidance also requires additional disclosures about discontinued operations. The updates are effective for disposals (or classifications as held for sale) of components of an entity that occur within annual periods beginning on or after December 15, 2014. The updates are not applicable to a component or components that are classified as held for sale before the effective date. The amendment is not expected to have a significant impact on our consolidated financial statements.

2. Balance Sheet Disclosures (T

2. Balance Sheet Disclosures (Tables)	12 Months Ended
	Mar. 31, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Accounts receivable	March 31, 2015 March 31, 2014 Accounts receivable Accounts receivable $ 1,763,740 $ 1,401,330 Allowance for doubtful accounts (120,000 ) (80,000 ) $ 1,643,740 $ 1,321,330
Property, plant and equipment	March 31, 2015 March 31, 2014 Property, plant and equipment Land $ 1,000,263 $ 1,000,263 Buildings and improvements 4,634,662 4,543,436 Machinery and equipment 6,545,792 6,228,346 Office furniture and fixtures 390,224 330,561 CRM/ERP system 220,807 220,807 12,791,748 12,323,413 Less accumulated depreciation and amortization (9,059,250 ) (8,501,027 ) $ 3,732,498 $ 3,822,386
Accrued expenses	March 31, 2015 March 31, 2014 Accrued expenses Accrued payroll and taxes $ 185,843 $ 153,680 Accrued property taxes 169,970 171,000 Accrued sales taxes 42,792 36,346 $ 398,605 $ 361,026

3. Long-Term Debt (Tables)

3. Long-Term Debt (Tables)	12 Months Ended
	Mar. 31, 2015
Debt Disclosure [Abstract]
Schedule of long-term debt	March 31, 2015 March 31, 2014 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 two Company executives who are also directors of the Company and a previous director and officer of the Company. The note is subject to certain restrictive covenants. $ 2,568,417 $ 2,648,620 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 $10,089 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 guaranteed by two Company executives who are also directors of the Company and a previous director and officer of the Company. $ 1,289,506 $ 1,348,046 Note payable to a bank with interest fixed at 6% until maturity in October 2017. The note calls for monthly principal and interest payments of $349. The note is cross collateralized with the line of credit and backed by substantially all assets of the Company and is guaranteed by two Company executives who are also directors of the Company and a previous director and officer of the Company. $ 3,704 $ 9,873 Note payable to a bank with interest fixed at 6% until maturity in May 2017. The note calls for monthly principal and interest payments of $444. The note is cross collateralized with the line of credit and backed by substantially all assets of the Company and is guaranteed by two Company executives who are also directors of the Company and a previous director and officer of the Company. $ 10,396 $ 15,342 Agreement with a vendor for CRM software. Agreement calls for monthly payments of $4,000 until February 2016. $ 36,000 $ 92,000 3,908,023 4,113,881 Less current portion (188,654 ) (189,042 ) $ 3,719,369 $ 3,924,839
Maturities of long-term debt	Year Ending March 31, 2016 $ 188,654 2017 155,260 2018 156,902 2019 163,001 2020 169,867 Thereafter 3,074,339 Total payments 3,908,023

5. Capital Leases (Tables)

5. Capital Leases (Tables)	12 Months Ended
	Mar. 31, 2015
Leases [Abstract]
Schedule of Capital Leased Assets	March 31, 2015 Cost $ 419,549 Less accumulated amortization (299,336 ) $ 120,213
Maturities of capital lease obligations	Year Ending March 31, 2016 $ 105,999 2017 51,226 2018 24,434 Total minimum lease payments 181,659 Amount representing interest (21,028 ) Present value of net minimum lease payments 160,631 Less current portion (91,860 ) Long term capital lease obligation $ 68,771

6. Income Taxes (Tables)

6. Income Taxes (Tables)	12 Months Ended
	Mar. 31, 2015
Income Tax Disclosure [Abstract]
Schedule of Deferred Tax Assets and Liabilities	March 31, 2015 March 31, 2014 Current deferred tax asset $ 44,470 $ 29,648 Current deferred tax liability - - Net current deferred tax asset $ 44,470 $ 29,648 Temporary differences giving rise to the net deferred tax (liability) asset are as follows: Allowance for doubtful accounts $ 44,470 $ 29,648 Property and equipment (149,805 ) (85,673 ) Net operating loss and credits 2,000 26,522 $ (103,335 ) $ (29,503 )
Schedule of Effective Income Tax Rate Reconciliation	For the Years Ended March 31, 2015 2014 Federal income taxes computed at statutory rate $ 295,218 $ 280,336 State income taxes, net 25,432 23,760 Return to provision adjustments (19,007 ) 3,820 Domestic production activities deduction (26,570 ) - Other disallowances 23,031 12.135 $ 298,104 $ 320,051 Effective tax rate 34.3 % 38.8 %

7. Commitments and Contingency

7. Commitments and Contingency (Tables)	12 Months Ended
	Mar. 31, 2015
Commitments and Contingencies Disclosure [Abstract]
Future minimum lease payments	Year Ending March 31, 2016 $ 431,422 2017 418,866 2018 389,347 2019 349,002 2020 247,549 Thereafter 132,458 $ 1,968,644

9. Stockholders' Equity (Tables

9. Stockholders' Equity (Tables)	12 Months Ended
	Mar. 31, 2015
Equity [Abstract]
Activity for options outstanding	Stock Options Weighted Average Exercise Price Outstanding - March 31, 2013 104,000 $ 1.57 Granted - - Forfeited/canceled (5,000 ) 0.88 Exercised - - Outstanding - March 31, 2014 99,000 1.60 Granted - - Forfeited/canceled/expired (11,000 ) 1.00 Exercised - - Outstanding - March 31, 2015 88,000 $ 1.66
Options outstanding and exercisable	Options Outstanding Options Exercisable Exercise Prices Number Price* Life* Number Price* $ 0.875 10,000 $ 0.88 0.08 10,000 $ 0.88 1.65 13,000 1.65 1.09 13,000 1.65 1.75 15,000 1.75 2.09 15,000 1.75 1.80 50,000 1.80 3.05 50,000 1.80 Total - March 31, 2015 88,000 $ 1.66 2.26 88,000 $ 1.66

1. Description of Business an25

1. Description of Business and Summary of Significant Accounting Policies (Details Narrative) - USD ($)	12 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Description Of Business And Summary Of Significant Accounting Policies Details Narrative
Potentially dilutive common shares and outstanding options and warrants which have been excluded from the computation of diluted income per share	78,000	99,000
Advertising costs	$ 259,194	$ 252,540

2. Balance Sheet Disclosures (D

2. Balance Sheet Disclosures (Details) - USD ($)	Mar. 31, 2015	Mar. 31, 2014
Balance Sheet Disclosures Details
Accounts receivable	$ 1,763,740	$ 1,401,330
Allowance for doubtful accounts	(120,000)	(80,000)
Accounts Receivable, Net	$ 1,643,740	$ 1,321,330

2. Balance Sheet Disclosures 27

2. Balance Sheet Disclosures (Details 1) - USD ($)	Mar. 31, 2015	Mar. 31, 2014
Balance Sheet Disclosures Details 1
Land	$ 1,000,263	$ 1,000,263
Buildings and improvements	4,634,662	4,543,436
Machinery and equipment	6,545,792	6,228,346
Office furniture and fixtures	390,224	330,561
CRM/ERP system	220,807	220,807
Property Plant And Equipment, Gross	12,791,748	12,323,413
Less accumulated depreciation and amortization	(9,059,250)	(8,501,027)
Property Plant And Equipment, Net	$ 3,732,498	$ 3,822,386

2. Balance Sheet Disclosures 28

2. Balance Sheet Disclosures (Details 2) - USD ($)	Mar. 31, 2015	Mar. 31, 2014
Balance Sheet Disclosures Details 2
Accrued payroll and taxes	$ 185,843	$ 153,680
Accrued property taxes	169,970	171,000
Accrued sales taxes	42,792	36,346
Accrued expenses	$ 398,605	$ 361,026

3. Long-Term Debt (Details)

3. Long-Term Debt (Details) - USD ($)	Mar. 31, 2015	Mar. 31, 2014
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.	$ 2,568,417	$ 2,648,620
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 $10,089 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.	1,289,506	1,348,046
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.	3,704	9,873
Note payable to a bank with interest fixed at 6% until May 2017. The note calls for monthly principal and interest payments of $444. 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.	10,396	15,342
Agreement with a vendor for CRM software. Agreement calls for monthly payments of $4,000 until February 2016.	36,000	92,000
Long Term Debt	3,908,023	4,113,881
Less current portion	(188,654)	(189,042)
Long Term Debt, Noncurrent	$ 3,719,369	$ 3,924,839

3. Long-Term Debt (Details 1)

3. Long-Term Debt (Details 1)	Mar. 31, 2015USD ($)
Long-term Debt Details 1
2,016	$ 188,654
2,017	155,260
2,018	156,902
2,019	163,001
2,020	169,867
Thereafter	3,074,339
Total payments	$ 3,908,023

5. Capital Leases (Details)

5. Capital Leases (Details)	Mar. 31, 2015USD ($)
Capital Leases Details
Cost	$ 419,549
Less accumulated amortization	(299,336)
Capital lease assets	$ 120,213

5. Capital Leases (Details 1)

5. Capital Leases (Details 1) - USD ($)	Mar. 31, 2015	Mar. 31, 2014
Capital Leases Details 1
2,016	$ 105,999
2,017	51,226
2,018	24,434
Total minimum lease payments	181,659
Amount representing interest	(21,028)
Present value of net minimum lease payments	160,631
Less current portion	(91,860)	$ (82,508)
Long-term capital lease obligation	$ 68,771	$ 73,462

6. Income Taxes (Details)

6. Income Taxes (Details) - USD ($)	Mar. 31, 2015	Mar. 31, 2014
Income Taxes Details
Current deferred tax asset	$ 44,470	$ 29,648
Current deferred tax liability	0	0
Net current deferred tax asset	44,470	29,648
Allowance for doubtful accounts	44,470	29,648
Property and equipment	(149,805)	(85,673)
Net operating loss and credits	2,000	26,522
Deferred Tax Assets, Net	$ (103,335)	$ (29,503)

6. Income Taxes (Details 2)

6. Income Taxes (Details 2) - USD ($)	12 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Income Taxes Details 2
Federal income taxes computed at statutory rate	$ 295,218	$ 280,336
State income taxes, net	25,432	23,760
Return to provision adjustments	(19,007)	3,820
Domestic production activities deduction	(26,570)	0
Other disallowances	23,031	12,135
Effective Income Tax	$ 298,104	$ 320,051
Effective tax rate	34.30%	38.80%

7. Commitments and Contingenc35

7. Commitments and Contingency (Details)	Mar. 31, 2015USD ($)
Commitments And Contingency Details
2,016	$ 431,422
2,017	418,866
2,018	389,347
2,019	349,002
2,020	247,549
Thereafter	132,458
Operating Leases Future Minimum Payments Due	$ 1,968,644

9. Stockholders' Equity (Detail

9. Stockholders' Equity (Details) - $ / shares	12 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Number of Options
Number of Options Outstanding, Beginning	99,000	104,000
Number of Options Granted	0	0
Number of Options Forfeited/canceled	(11,000)	(5,000)
Number of Options Exercised	0	0
Number of Options Outstanding, Ending	88,000	99,000
Weighted Average Exercise Price
Weighted Average Exercise Price Outstanding, Beginning	$ 1.6	$ 1.57
Weighted Average Exercise Price Granted
Weighted Average Exercise Price Forfeited/canceled	$ 1	$ 0.88
Weighted Average Exercise Price Exercised
Weighted Average Exercise Price Outstanding, Ending	$ 1.66	$ 1.6

9. Stockholders' Equity (Deta37

9. Stockholders' Equity (Details 1) - 12 months ended Mar. 31, 2015 - shares	Total
Number of Options Outstanding, Ending	88,000
Number of Options Exercisable	88,000
Life	2 years 3 months 4 days
0.875
Number of Options Outstanding, Ending	10,000
Number of Options Exercisable	10,000
Life	29 days
1.65
Number of Options Outstanding, Ending	13,000
Number of Options Exercisable	13,000
Life	1 year 1 month 2 days
1.75
Number of Options Outstanding, Ending	15,000
Number of Options Exercisable	15,000
Life	2 years 1 month 2 days
1.80
Number of Options Outstanding, Ending	50,000
Number of Options Exercisable	50,000
Life	3 years 18 days

10. Employee Benefit Plan (Deta

10. Employee Benefit Plan (Details Narrative) - USD ($)	12 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Employee Benefit Plan Details Narrative
Company's matching percentage	3.00%
Company's matching amount	$ 54,200	$ 52,600