Algorhythm (RIME) 10-Q 14 Nov 14 2015 Q2 Quarterly report Financial data

Document_And_Entity_Informatio

Document And Entity Information	6 Months Ended
	Sep. 30, 2014	Nov. 14, 2014
Document Information [Line Items]	'	'
Entity Registrant Name	'SINGING MACHINE CO INC	'
Entity Central Index Key	'0000923601	'
Current Fiscal Year End Date	'--03-31	'
Entity Filer Category	'Smaller Reporting Company	'
Entity Common Stock, Shares Outstanding	'	38,117,517
Trading Symbol	'SMDM	'
Document Type	'10-Q	'
Amendment Flag	'false	'
Document Period End Date	30-Sep-14	'
Document Fiscal Period Focus	'Q2	'
Document Fiscal Year Focus	'2015	'

CONDENSED_CONSOLIDATED_BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)	Sep. 30, 2014	Mar. 31, 2014
Current Assets	'	'
Cash	$174,314	$1,354,099
Restricted cash	138,042	138,042
Accounts receivable, net of allowances of $235,621 and $172,465, respectively	8,952,305	955,551
Due from Crestmark Bank	0	19,638
Inventories, net	15,057,895	5,827,613
Prepaid expenses and other current assets	158,866	91,088
Deferred financing costs	74,078	0
Deferred tax asset, net	715,541	604,284
Total Current Assets	26,485,080	9,357,835
Property and equipment, net	532,034	561,225
Other non-current assets	11,394	17,630
Deferred financing costs, net current portion	132,721	0
Deferred tax asset, net current portion	1,793,972	1,793,972
Total Assets	28,955,201	11,730,662
Current Liabilities	'	'
Accounts payable	11,357,205	1,918,076
Accrued expenses	1,158,599	446,314
Revolving Line of Credit	5,350,881	0
Current portion of capital lease	12,349	12,076
Obligations to clients for returns and allowances	468,878	469,838
Warranty provisions	528,031	235,172
Total Current Liabilities	22,743,105	8,007,458
Long-term capital lease, net of current portion	7,462	13,706
Note payable related party debt - Ram Light Management, Ltd. net of current portion	706,961	'
Total Liabilities	25,381,959	8,021,164
Shareholders' Equity	'	'
Preferred stock, $1.00 par value; 1,000,000 shares authorized; no shares issued and outstanding	'	'
Additional paid-in capital	19,303,760	19,262,127
Accumulated deficit	-16,111,693	-15,933,335
Total Shareholders' Equity	3,573,242	3,709,498
Total Liabilities and Shareholders' Equity	28,955,201	11,730,662
Starlight Consumer Electronics USA, Inc [Member]	'	'
Current Assets	'	'
Due from related party	0	233,004
Starlight Electronics USA, Inc [Member]	'	'
Current Assets	'	'
Due from related party	0	51,196
Starlight Electronics Co., Ltd [Member]	'	'
Current Assets	'	'
Due from related party	43,320	83,320
Cosmo Communications Canada, Inc [Member]	'	'
Current Assets	'	'
Due from related party	197,547	0
Current Liabilities	'	'
Due to related party	0	50,441
Winglight Pacific, Ltd [Member]	'	'
Current Assets	'	'
Due from related party	973,172	0
Starlight Marketing Development, Ltd [Member]	'	'
Current Liabilities	'	'
Due to related party	0	1,107,678
Subordinated related party debt	1,924,431	0
Starlight Marketing Development, Ltd [Member] | Subordinated Debt [Member]	'	'
Current Liabilities	'	'
Subordinated related party debt	0	816,753
Ram Light Management, Ltd [Member]	'	'
Current Liabilities	'	'
Due to related party	583,247	0
Notes Payable, Related Parties, Current	393,039	0
Ram Light Management, Ltd [Member] | Subordinated Debt [Member]	'	'
Current Liabilities	'	'
Subordinated related party debt	0	1,683,247
Starfair Electronics Company, Ltd [Member]	'	'
Current Liabilities	'	'
Due to related party	0	17,738
Starlight R and D, Ltd [Member]	'	'
Current Liabilities	'	'
Due to related party	2,489,234	194,678
Starlight Consumer Electronics Co Ltd [Member]	'	'
Current Liabilities	'	'
Due to related party	399,063	1,051,913
Other Starlight Group Companies [Member]	'	'
Current Liabilities	'	'
Due to related party	2,579	3,534
Common Class A [Member]	'	'
Shareholders' Equity	'	'
Common stock value	'	'
Common Class B [Member]	'	'
Shareholders' Equity	'	'
Common stock value	$381,175	$380,706

CONDENSED_CONSOLIDATED_BALANCE1

CONDENSED CONSOLIDATED BALANCE SHEETS [Parenthetical] (USD $)	Sep. 30, 2014	Mar. 31, 2014
Allowance for doubtful accounts (in dollars)	$235,621	$172,465
Preferred stock, par value (in dollars per share)	$1	$1
Preferred stock, shares authorized	1,000,000	1,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common Class A [Member]	'	'
Common stock, par value (in dollars per share)	$0.01	$0.01
Common stock, shares authorized	100,000	100,000
Common stock, shares issued	0	0
Common stock, shares outstanding	0	0
Common Class B [Member]	'	'
Common stock, par value (in dollars per share)	$0.01	$0.01
Common stock, shares authorized	100,000,000	100,000,000
Common stock, shares issued	38,117,517	38,070,642
Common stock, shares outstanding	38,117,517	38,070,642

CONDENSED_CONSOLIDATED_STATEME

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)	3 Months Ended		6 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Net Sales	$15,952,059	$10,834,570	$18,497,018	$12,248,137
Cost of Goods Sold	12,790,291	8,431,835	14,819,359	9,543,978
Gross Profit	3,161,768	2,402,735	3,677,659	2,704,159
Operating Expenses	'	'	'	'
Selling expenses	1,266,767	902,066	1,612,034	1,182,840
General and administrative expenses	1,267,246	950,171	2,196,118	1,809,942
Depreciation and amortization	48,306	30,659	77,637	57,977
Total Operating Expenses	2,582,319	1,882,896	3,885,789	3,050,759
Income (Loss) from Operations	579,449	519,839	-208,130	-346,600
Other Expenses	'	'	'	'
Interest expense	-79,644	-8,741	-81,485	-9,709
Income (Loss) before income tax (provision) benefit	499,805	511,098	-289,615	-356,309
Income tax (provision) benefit	-178,634	-187,147	111,257	139,194
Net Income (Loss)	$321,171	$323,951	($178,358)	($217,115)
Income (Loss) per Common Share	'	'	'	'
Basic (in dollars per share)	$0.01	$0.01	$0	($0.01)
Diluted (in dollars per share)	$0.01	$0.01	$0	($0.01)
Weighted Average Common and Common Equivalent Shares:	'	'	'	'
Basic (in shares)	38,083,663	38,060,569	38,077,116	38,044,772
Diluted (in shares)	38,538,510	38,590,502	38,077,116	38,044,772

CONDENSED_CONSOLIDATED_STATEME1

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	6 Months Ended
	Sep. 30, 2014	Sep. 30, 2013
Cash flows from operating activities	'	'
Net Loss	($178,358)	($217,115)
Adjustments to reconcile net loss to net cash used in operating activities:	'	'
Depreciation	62,204	57,977
Amortization of deferred financing costs	15,433	0
Change in inventory reserve	50,000	150,000
Change in allowance for bad debts	63,156	42,552
Loss from disposal of property and equipment	0	4,479
Stock based compensation	42,103	22,275
Warranty provisions	292,859	149,996
Change in net deferred tax assets	-111,257	-139,194
Changes in operating assets and liabilities:	'	'
Accounts receivable	-8,059,910	-6,855,720
Inventories	-9,280,282	-5,498,065
Prepaid expenses and other current assets	-67,778	-103,143
Other non-current assets	6,236	142,326
Increase (Decrease) in:	'	'
Accounts payable	9,439,129	6,238,600
Net due to related parties	726,052	3,608,279
Accrued expenses	712,285	471,094
Obligations to clients for returns and allowances	-960	12,178
Net cash used in operating activities	-6,289,088	-1,913,481
Cash flows from investing activities	'	'
Purchase of property and equipment	-33,013	-154,179
Deposit of restricted cash	0	-137,967
Net cash used in investing activities	-33,013	-292,146
Cash flows from financing activities	'	'
Payment of deferred financing costs	-222,232	0
Payments on long-term capital lease	-5,971	-4,767
Net cash provided by financing activities	5,142,316	1,561,511
Net decrease in cash	-1,179,785	-644,116
Cash at beginning of year	1,354,099	1,652,996
Cash at end of period	174,314	1,008,880
Supplemental Disclosures of Cash Flow Information:	'	'
Cash paid for interest	63,205	9,709
Supplemental Disclosures of Non-cash Investing Activities:	'	'
Property and equipment purchased under capital lease	0	36,388
Revolving Credit Facility [Member]	'	'
Cash flows from financing activities	'	'
Net proceeds from credit facility	5,350,881	0
Crestmark Bank [Member]	'	'
Cash flows from financing activities	'	'
Net proceeds from credit facility	$19,638	$1,566,278

BASIS_OF_PRESENTATION

BASIS OF PRESENTATION	6 Months Ended
	Sep. 30, 2014
Organization, Consolidation and Presentation Of Financial Statements [Abstract]	'
Basis of Accounting [Text Block]	'
	NOTE 1 – BASIS OF PRESENTATION
	OVERVIEW
	The Singing Machine Company, Inc., a Delaware corporation (the “Company”, “SMC”, “The Singing Machine”) and its three wholly-owned subsidiaries SMC (Comercial Offshore De Macau) Limitada (“Macau Subsidiary”), SMC Logistics, Inc. (“SMC-L”) and SMC-Music, Inc.(“SMC-M”) are primarily engaged in the development, marketing, and sale of consumer karaoke audio systems, accessories, musical instruments and musical recordings. The products are sold by SMC to retailers and distributors for resale to consumers.
	The preparation of The Singing Machine's condensed consolidated 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 at the date of the condensed consolidated financial statements and revenues and expenses during the period. Future events and their effects cannot be determined with absolute certainty; therefore, the determination of estimates requires the exercise of judgment. Actual results inevitably will differ from those estimates, and such differences may be material to the Company's condensed consolidated financial statements. Management evaluates its estimates and assumptions continually. These estimates and assumptions are based on historical experience and other factors that are believed to be reasonable under the circumstances.

SUMMARY_OF_SIGNIFICANT_ACCOUNT

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	6 Months Ended
	Sep. 30, 2014
Accounting Policies [Abstract]	'
Significant Accounting Policies [Text Block]	'
	NOTE 2-SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
	PRINCIPLES OF CONSOLIDATION AND BASIS OF PRESENTATION
	The condensed consolidated financial statements include the accounts of the Company and all of its wholly-owned subsidiaries. All inter-company accounts and transactions have been eliminated in the condensed consolidated financial statements. The accompanying unaudited financial statements for the three and six months ended September 30, 2014 and 2013 have been prepared in accordance with generally accepted accounting principles applicable to interim financial information and the requirements of Form 10-Q and Article 10 of Regulation S-X of the SEC. Accordingly, they do not include all of the information and disclosures required by accounting principles generally accepted in the United States for complete consolidated financial statements. In the opinion of management, such condensed consolidated financial statements include all adjustments (consisting of normal recurring accruals) necessary for the fair presentation of the condensed consolidated financial position and the condensed consolidated results of operations. The condensed consolidated results of operations for the periods presented are not necessarily indicative of the results to be expected for the full year. The condensed consolidated balance sheet information as of March 31, 2014 was derived from the audited consolidated financial statements included in the Company’s Annual Report on Form 10-K. The interim condensed consolidated financial statements should be read in conjunction with that report.
	COLLECTIBILITY OF ACCOUNTS RECEIVABLE
	The Singing Machine's allowance for doubtful accounts is based on management's estimates of the creditworthiness of its customers, current economic conditions and historical information, and, in the opinion of management, is believed to be an amount sufficient to respond to normal business conditions. Management sets 100% reserves for customers in bankruptcy and other reserves based upon historical collection experience. Should business conditions deteriorate or any major customer default on its obligations to the Company, this allowance may need to be significantly increased, which would have a negative impact on operations.
	FOREIGN CURRENCY TRANSLATION
	The functional currency of the Macau Subsidiary is the Hong Kong dollar. Such financial statements are translated to U.S. dollars using year-end rates of exchange for assets and liabilities, and average rates of exchange for the year for revenues, costs, and expenses. Net gains and losses resulting from foreign exchange transactions and translations were not material during the periods presented.
	Concentration of Credit Risk
	At times, the Company maintains cash in United States bank accounts that are in excess of the Federal Deposit Insurance Corporation (“FDIC”) insured amounts of up to $250,000. As of September 30, 2014 and March 31, 2014, the Company had cash deposits of $0 and $964,282 that exceeded the FDIC insurance limit. In addition, the Company deposited $138,042 in a restricted certificate of deposit with Wells Fargo Bank as collateral for a stand-by letter of credit issued to Majestic Realty (California warehouse’s landlord) as a security deposit required by the property lease. The Company maintains cash balances in foreign financial institutions. The amounts in foreign financial institutions at September 30, 2014 and March 31, 2014 were $135,872 and $277,859 respectively.
	INVENTORY
	Inventories are comprised of electronic karaoke equipment, accessories, electronic musical instruments, electronic toys and compact discs and are stated at the lower of cost or market, as determined using the first in, first out method. The Singing Machine reduces inventory on hand to its net realizable value on an item-by-item basis when it is apparent that the expected realizable value of an inventory item falls below its original cost. A charge to cost of sales results when the estimated net realizable value of specific inventory items declines below cost. Management regularly reviews the Company's investment in inventories for such declines in value.
	COMPUTATION OF EARNINGS PER SHARE
	Income (loss) per common share is computed by dividing net income (loss) by the weighted average of common shares outstanding during the period. Diluted net income (loss) per share is presented as the conversion of stock options would have a dilutive effect. As of September 30, 2014 and 2013 total potential dilutive shares amounted to approximately 455,000 and 530,000 shares, respectively. These shares were included in the computation of diluted earnings per share for the three months ended September 30, 2014 and 2013, however, they were not included in the computation of earnings per share for the six months ended September 30, 2014 and 2013 because their effect is anti-dilutive.
	REVENUE RECOGNITION
	Revenue from the sale of equipment, accessories, and musical recordings are recognized upon the later of: (a) the time of shipment or (b) when title passes to the customers and all significant contractual obligations have been satisfied and collection of the resulting receivable is reasonably assured. Revenues from sales of consigned inventory are recognized upon sale of the product by the consignee. Net sales are comprised of gross sales net of actual and estimated future returns, discounts and volume rebates.
	STOCK BASED COMPENSATION
	The Company follows the provisions of the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 718, “Compensation – Stock Compensation Awards Classified as Equity”. ASC 718 requires all share-based payments to employees including grants of employee stock options, be measured at fair value and expensed in the condensed consolidated statement of operations over the service period (generally the vesting period). The Company uses the Black-Scholes option valuation model to value stock options. Employee stock option compensation expense for the three and six months ended September 30, 2014 and 2013 includes the estimated fair value of options granted, amortized on a straight-line basis over the requisite service period for the entire portion of the award. For the three months ended September 30, 2014 and 2013 the stock option expense was $2,205 and $12,420, respectively. For the six months ended September 30, 2014 and 2013 the stock option expense was $34,603 and $14,776, respectively.
	ADVERTISING
	Costs incurred for producing and publishing advertising of the Company are charged to operations the first time the advertising takes place. The Company has entered into cooperative advertising agreements with its major customers that specifically indicated that the customer has to spend the cooperative advertising fund upon the occurrence of mutually agreed events. The percentage of the cooperative advertising allowance ranges from 2% to 7% of the purchase. The customers have to advertise the Company's products in the customer's catalog, local newspaper and other advertising media. The customer must submit the proof of the performance (such as a copy of the advertising showing the Company’s products) to the Company to request for the allowance. The customer does not have the ability to spend the allowance at their discretion. The Company believes that the identifiable benefit from the cooperative advertising program and the fair value of the advertising benefit is equal or greater than the cooperative advertising expense. Advertising expense for the three months ended September 30, 2014 and 2013 was $821,026 and $581,427, respectively. Advertising expense for the six months ended September 30, 2014 and 2013 was $1,020,746 and $726,934, respectively.
	RESEARCH AND DEVELOPMENT COSTS
	All research and development costs are charged to results of operations as incurred. These expenses are shown as a component of selling, general and administrative expenses in the condensed consolidated statements of operations. For the three months ended September 30, 2014 and 2013, these amounts totaled $45,313 and $33,212, respectively. For the six months ended September 30, 2014 and 2013, these amounts totaled $73,513 and $57,002, respectively.
	FAIR VALUE OF FINANCIAL INSTRUMENTS
	The Company adopted FASB ASC 825, which requires disclosures of information about the fair value of certain financial instruments for which it is practicable to estimate that value. For purposes of this disclosure, the fair value of a financial instrument is the amount at which the instrument could be exchanged in a current transaction between willing parties, other than in a forced sale or liquidation.
	The carrying amounts of the Company's short-term financial instruments, including accounts receivable, accounts payable, obligations to clients for returns and allowances, warranty provision, accrued expenses and net due to related parties approximates fair value due to the relatively short period to maturity for these instruments.
	RECENT ACCOUNTING PRONOUNCEMENTS
	In May 2014, the Financial Accounting Standards Board issued Accounting Standards Update (“ASU”) 2014-09 which outlines a single comprehensive model for companies to use when accounting for revenue arising from contracts with customers. The core principle of the revenue recognition model is that an entity recognizes revenue to depict the transfer of goods and 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. In order to achieve this core principle a company must apply the following steps in determining revenue recognition:
		·	Identify the contract(s) with a customer.
		·	Identify the performance obligations in the contract.
		·	Determine the transaction price.
		·	Allocate the transaction price to the performance obligations in the contract.
		·	Recognize revenue when (or as) the entity satisfies a performance obligation.
	The amendments in this ASU are effective for annual reporting periods beginning after December 15, 2016 including interim periods within that reporting period with early application not allowed. Management is currently assessing whether the implementation of ASU 2014-09 will have any material effect on the company’s consolidated financial statements.
	In June 2014, the FASB issued ASU 2014-12, Accounting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could Be Achieved after the Requisite Service Period. The ASU clarifies that entities should treat performance targets that can be met after the requisite service period of a share-based payment award as performance conditions that affect vesting. An entity would not record compensation expense (measured as of the grant date without taking into account the effect of the performance target) related to an award for which transfer to the employee is contingent on the entity’s satisfaction of a performance target until it becomes probable that the performance target will be met. The ASU is effective for all entities for reporting periods beginning after December 15, 2015. Management does not believe the implementation of ASU 2014-12 will have any material effect on the company’s consolidated financial statements.
	In August 2014, the FASB issued ASU 2014-15, Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern. The ASU requires that at every interim and annual period, management determine whether conditions or events exist that raise substantial doubt about an entity’s ability to continue as a going concern within one year after the date the financial statements are issued. If management’s initial consideration of the relevant conditions and events indicates that it is probable the entity will not be able to meet its obligations as they become due within the assessment period, then management must evaluate whether it is probable that plans to mitigate these factors will alleviate that substantial doubt. The mitigating effect is considered only if it is probable that the plan will be effectively implemented and probable that the plans will mitigate the conditions or events that raised the substantial doubt. If management’s plans will alleviate the substantial doubt, an entity must disclose in the notes to the financial statements the conditions or events that raised substantial doubt and management’s plans that alleviated those concerns. If management’s plans will not alleviate the substantial doubt, an entity must disclose in the notes to the financial statements the same conditions and events along with management’s plans that did not alleviate the substantial doubt, in addition to a statement that indicates there is substantial doubt about the entity’s ability to continue as a going concern. ASU 2014-15 is effective for annual periods ending after December 15, 2016 and for interim periods within annual periods beginning after December 15, 2016. Management is currently assessing whether the implementation of ASU 2014-15 will have any material effect on the company’s consolidated financial statement disclosures.

INCOME_TAXES

INCOME TAXES	6 Months Ended
	Sep. 30, 2014
Income Tax Disclosure [Abstract]	'
Income Tax Disclosure [Text Block]	'
	NOTE 3- INCOME TAXES
	The Company analyzes its deferred tax assets and liabilities at the end of each interim period and based on management’s best estimate of its full year effective tax rate recognizes cumulative adjustments to its deferred tax assets and liabilities. The Company’s effective tax rate for the fiscal year ending March 31, 2015 is estimated to be approximately 38%. The effective tax rate for the fiscal year ended March 31, 2014 was approximately 40%.
	As of September 30, 2014 and March 31, 2014, The Singing Machine had gross deferred tax assets of approximately $3.3 million and $3.2 million, respectively, against which the Company recorded valuation allowances totaling approximately $0.8 million. A valuation allowance was recorded against deferred tax assets because it is more likely than not that a portion of the tax benefits from the gross deferred tax assets will not be realized. For the three month period ended September 30, 2014, the Company recorded income before income tax provision of approximately $500,000 which generated a decrease in current deferred tax assets and an income tax provision of approximately $179,000. For the six month period ended September 30, 2014, the Company recorded a loss before income tax benefit of approximately $290,000 which generated additional current deferred tax assets and an income tax benefit of approximately $111,000. Due to the seasonality of the business, the Company is expected to reverse this increase in deferred tax assets during the remainder of fiscal year ending March 31, 2015.
	As of September 30, 2014 the Company is subject to U.S. Federal income tax examinations for the tax years ended March 31, 2011 through March 31, 2014.

INVENTORIES_NET

INVENTORIES, NET	6 Months Ended
	Sep. 30, 2014
Inventory Disclosure [Abstract]	'
Inventory Disclosure [Text Block]	'
	NOTE 4- INVENTORIES, NET
	Inventories are comprised of the following components:
		September 30,		March 31,
		2014		2014
		(unaudited)		(audited)
	Finished Goods	$	12,173,479	$	6,187,520
	Inventory in Transit		3,572,416		278,093
	Inventory Reserve		-688,000		-638,000
	Inventories, net	$	15,057,895	$	5,827,613
	Inventory consigned to a distribution center at September 30, 2014 and March 31, 2014 was $353,201 and was fully reserved at September 30, 2014 and March 31, 2014.

PROPERTY_AND_EQUIPMENT

PROPERTY AND EQUIPMENT	6 Months Ended
	Sep. 30, 2014
Property, Plant and Equipment [Abstract]	'
Property, Plant and Equipment Disclosure [Text Block]	'
	NOTE 5 - PROPERTY AND EQUIPMENT
	A summary of property and equipment is as follows:
		USEFUL	September 30,		March 31,
		LIFE	2014		2014
			(unaudited)		(audited)
	Computer and office equipment	5 years	$	283,061	$	282,921
	Furniture and fixtures	5-7 years		4,312		4,312
	Warehouse equipment	7 years		224,106		224,106
	Molds and tooling	3-5 years		2,357,133		2,324,120
				2,868,612		2,835,459
	Accumulated depreciation			2,336,578		2,274,234
	Property and equipment, net		$	532,034	$	561,225
	Depreciation expense for the three months ended September 30, 2014 and September 30, 2013 was $32,873 and $30,659, respectively.
	Depreciation expense for the six months ended September 30, 2014 and September 30, 2013 was $62,204 and $57,977, respectively.

LINE_OF_CREDIT

LINE OF CREDIT	6 Months Ended
	Sep. 30, 2014
Line of Credit Facility [Abstract]	'
Debt Disclosure [Text Block]	'
	NOTE 6 – LINE OF CREDIT
	CRESTMARK BANK
	On October 19, 2012, the Company executed a two-year Accounts Receivable Ledgered Line of Credit Facility (“line of credit”) with Crestmark Bank (“Crestmark”) of Troy, Michigan which was terminated by SMC on July 15, 2014 and replaced by a revolving credit facility from PNC Bank National Association.
	Interest on the line of credit and discounting charges on accounts receivable advances was accrued at a rate of 2% per annum over the prime rate as published by the Wall Street Journal and at no time shall the effective rate be less than 5.25% per annum. During the three month period ended September 30, 2014 and 2013, the Company incurred interest expense of $3,271 and $8,061, respectively on amounts borrowed against the line of credit. During the six month period ended September 30, 2014 and 2013, the Company incurred interest expense of $5,298 and $8,796, respectively on amounts borrowed against the line of credit. The credit facility was secured with all assets of the Company as well as related-party debt subordination agreements totaling $2,500,000 from Ram Light Management, Ltd. in the amount of $1,683,247 and Starlight Marketing Development, Ltd. in the amount of $816,753. There was a 1% commission fee of the gross invoice amount on all domestic accounts receivable pledged. For the three months ended September 30, 2014 and 2013, the Company incurred commission fees on pledged receivables in the amount of $1,498 and $44,113, respectively. For the six months ended September 30, 2014 and 2013, the Company incurred commission fees on pledged receivables in the amount of $16,004 and $67,133 respectively. There were no amounts outstanding on the line of credit as of September 30, 2014 and March 31, 2014.
	PNC BANK NATIONAL ASSOCIATION
	On July 14, 2014, the Company executed a three-year revolving credit facility (the “Revolving Credit Facility”) with PNC Bank, National Association (“PNC”) that replaced the existing line of credit agreement with Crestmark. The Revolving Credit Facility has a three year term expiring on July 14, 2017. The outstanding loan balance cannot exceed $15,000,000 during peak selling season between August 1 and December 31 and is reduced to a maximum of $7,500,000 between January 1 and July 31. Usage under the Revolving Credit Facility shall not exceed the sum of the following (the “Borrowing Base”):
		·	Up to 85% of the company’s eligible domestic and Canadian accounts receivable aged less than 60 days past due (not to exceed 90 days from invoice date, cross aged on the basis of 50% or more past due with certain specific accounts qualifying for up to 120 days from invoice date not to exceed 30 days from the due date; plus
		·	Up to the lesser of (a) 50% of the cost of eligible inventory or (b) 75% of net orderly liquidation value percentage of eligible inventory (annual inventory appraisals required); minus
		·	An all-time $500,000 block; minus
		·	Applicable reserves including a dilution reserve equal to 125% of the Company’s advertising and return accrual reserves. Dilution reserve not to exceed availability generated from eligible accounts receivable.
	The Revolving Credit Facility includes the following sub-limits:
		·	Letters of Credit to be issued limited to $3,000,000.
		·	Inventory availability limited to $4,000,000.
		·	Mandatory pay-down to $1,000,000 (excluding letters of credit) for any 30 consecutive days between February 1 and April 30.
	The Revolving Credit Facility must comply with the following quarterly financial covenants to avoid default:
		·	Fixed charge coverage ratio test of 1.1:1 times measured on a rolling four quarter basis, defined as EBITDA less non-financed capital expenditures, cash dividends and distributions paid and cash taxes paid divided by the sum of interest and principal on all indebtedness.
		·	Capital expenditures limited to $150,000 per year.
	Interest on the Revolving Line of Credit is accrued at 2% per annum over PNC’s announced prime rate with an option for the Company to elect the 1, 2 or 3 month fully absorbed PNC LIBOR Rate plus 3.5% per annum with a default rate of 2% over the applicable rate. There is an unused facility fee equal to .375% per annum on the unused portion of the Revolving Credit Facility which will be calculated on the basis of a 360 day year for the actual number of days elapsed and will be payable quarterly in arrears. During the three month and six month periods ended September 30, 2014 and 2013, the Company incurred interest expense of $61,065 and $0, respectively on amounts borrowed against the line of credit. During the three and six month periods ended September 30, 2014 and 2013, the Company incurred an unused facility fee of $7,617 and $0, respectively on the unused portion of the Revolving Credit Facility.
	The Revolving Line of Credit is secured by first priority security interests in all of the named borrowers’ tangible and intangible assets as well as first priority security interests of 100% of member or ownership interests of any of its domestic existing or newly formed subsidiaries and first priority lien on up to 65% of the borrowers’ domestic subsidiary’s existing or subsequently formed or acquired foreign subsidiaries. The Revolving Credit Facility is also secured by a related-party debt subordination agreement with Starlight Marketing Development, Ltd. in the amount of $2,500,000. Costs associated with securing the Revolving Credit Facility of approximately $222,000 were deferred and are amortized over the term of the agreement. During the three month and six month period ended September 30, 2014 and 2013, the Company incurred amortization expense of $15,433 and $0, respectively associated with the amortization of deferred financing costs.
	As a condition of the Revolving Credit Facility, a portion of the Company’s related-party debt with Ram Light Management, Ltd.in the amount of $1,100,000 was converted to a note payable with Ram Light Management, Ltd. (“Ram Light Note”). The Ram Light Note bears interest at 6% per annum with quarterly payments of $150,000 (including principal and interest) payable beginning December 31, 2014. The first scheduled principal and interest payment of $150,000 will only be permitted upon receipt of the Company’s December 31, 2014 quarterly compliance certificate; the Company having met the mandatory pay-down of the Revolving Credit Facility to $1,000,000 and average excess availability for the prior 30 days (after subtraction of third party trade payables 30 days or more past due) of no less than $1,000,000 after giving effect to the payment. For the three and six months ended September 30, 2014 and 2013 the company accrued interest expense on the Ram Light Note in the amount of $12,694 and $0, respectively.

LONGTERM_CAPITAL_LEASE

LONG-TERM CAPITAL LEASE	6 Months Ended
	Sep. 30, 2014
Debt Disclosure [Abstract]	'
Long-term Debt [Text Block]	'
	NOTE 7 – LONG-TERM CAPITAL LEASE
	On April 13, 2013, the company entered into a long-term capital leasing arrangement with Wells Fargo Equipment Finance (“Wells Fargo”) to finance the lease of two used forklift vehicles in the amount of $36,388. The lease requires monthly payments in the amount of $1,082 per month over a total lease term of 36 months which commenced on May 19, 2013. The agreement has an effective interest rate of 4.5% and the company has the option to purchase the equipment at the end of the lease term for one dollar. As of September 30, 2014 and March 31, 2014 the outstanding amount due to Wells Fargo was $19,811 and $25,782 respectively.
	As of September 30, 2014 and March 31, 2014, the Company had obligations under the capital lease payable as follows:
			September 30, 2014		March 31, 2014
	Total minimum lease payments
	Within one year	$	12,984	$	12,984
	After one year but within 3 years		7,574		14,066
			20,558		27,050
	Interest payments relating to future periods		-747		-1,268
	Present Value of minimum lease payments	$	19,811	$	25,782
	For the three month periods ended September 30, 2014 and September 30, 2013 the amount of interest related to the capital lease was $244 and $375, respectively. For the six month periods ended September 30, 2014 and September 30, 2013 the amount of interest related to the capital lease was $521 and $643, respectively.

OBLIGATIONS_TO_CUSTOMERS_FOR_R

OBLIGATIONS TO CUSTOMERS FOR RETURNS AND ALLOWANCES	6 Months Ended
	Sep. 30, 2014
Payables and Accruals [Abstract]	'
Accounts Payable, Accrued Liabilities, and Other Liabilities Disclosure, Current [Text Block]	'
	NOTE 8 - OBLIGATIONS TO CLIENTS FOR RETURNS AND ALLOWANCES
	Due to the seasonality of the business and length of time clients are given to return defective product, it is not uncommon for clients to accumulate credits from the Company’s sales and allowance programs that are in excess of unpaid invoices in accounts receivable. All credit balances in clients’ accounts receivable are reclassified to obligations to clients for returns and allowances in current liabilities on the condensed consolidated balance sheet. Client requests for payment of a credit balance are reclassified from obligations to clients for returns and allowances to accounts payable on the condensed consolidated balance sheets. When new invoices are processed prior to settlement of the credit balance and the client accepts settlement of open credits with new invoices, then the excess of new invoices over credits are netted in accounts receivable. As of September 30, 2014 and March 31, 2014, obligations to clients for returns and allowances reclassified from accounts receivable were $468,878 and $469,838, respectively. As of September 30, 2014 and March 31, 2014 there were no customers requesting payment of their credit balance and as such no amounts were reclassified from obligations to clients for returns and allowances to accounts payable.

COMMITMENTS_AND_CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	6 Months Ended
	Sep. 30, 2014
Commitments and Contingencies Disclosure [Abstract]	'
Commitments and Contingencies Disclosure [Text Block]	'
	NOTE 9 - COMMITMENTS AND CONTINGENCIES
	LEGAL MATTERS
	Management is currently not aware of any legal proceedings.
	OPERATING LEASES
	The Company is committed to various operating lease agreements for office and warehouse facilities in Fort Lauderdale, Florida, Ontario, California and Macau expiring at varying dates. Rent expense for the three month periods ended September 30, 2014 and 2013 was $147,905 and $148,424, respectively. Rent expense for the six months ended September 30, 2014 and 2013 was $311,375 and $303,655, respectively.
	In addition, the Company maintains various warehouse equipment and computer equipment operating leases. Future minimum lease payments under property and equipment leases with terms exceeding one year as of September 30, 2014 are as follows:
		Property Leases
	For period ending September 30
	2015	$	524,397
	2016		550,102
	2017		503,594
	2018		499,872
	2019		524,271
	2020 and beyond		480,582
		$	3,082,818

SHAREHOLDERS_EQUITY

SHAREHOLDERS' EQUITY	6 Months Ended
	Sep. 30, 2014
Stockholders' Equity Note [Abstract]	'
Stockholders Equity Note Disclosure [Text Block]	'
	NOTE 10- SHAREHOLDERS' EQUITY
	COMMON STOCK ISSUANCES
	On September 5, 2014 the Company issued 46,875 shares of its common stock to our Board of Directors at $0.16 per share, pursuant to our annual director compensation plan for the fiscal year ending March 31, 2015.
	STOCK OPTIONS
	On June 1, 2001, the Board of Directors approved the 2001 Stock Option Plan (the “Plan”), which replaced the 1994 Stock Option Plan, as amended. The Plan was developed to provide a means whereby directors and selected employees, officers, consultants, and advisors of the Company were granted incentive or non-qualified stock options to purchase common stock of the Company. As of September 30, 2014, the Plan had expired and no shares were available to be issued. As of September 30, 2014 there were 1,196,000 options still outstanding under the Plan. This does not include an additional 700,000 options issued after the expiration date of the plan to directors and key employees as compensation that were not issued from the Plan.
	There were no stock options issued during the three and six month periods ended September 30, 2014.

GEOGRAPHICAL_INFORMATION

GEOGRAPHICAL INFORMATION	6 Months Ended
	Sep. 30, 2014
Segment Reporting [Abstract]	'
Segment Reporting Disclosure [Text Block]	'
	NOTE 11 - GEOGRAPHICAL INFORMATION
	The majority of sales to customers outside of the United States for the three and six months ended September 30, 2014 and 2013 were made by the Macau Subsidiary. Sales by geographic region for the periods presented are as follows:
		FOR THE THREE MONTHS ENDED				FOR THE SIX MONTHS ENDED
		September 30,				September 30,
		2014		2013		2014		2013
	North America	$	15,756,547	$	10,834,570	$	18,046,800	$	12,248,137
	Europe and Australia		195,512		-		450,218		-
		$	15,952,059	$	10,834,570	$	18,497,018	$	12,248,137
	The geographic area of sales is based primarily on the location where the product is delivered.

DUE_TO_FROM_RELATED_PARTIES_NE

DUE TO / FROM RELATED PARTIES, NET	6 Months Ended
	Sep. 30, 2014
Related Party Transactions [Abstract]	'
Related Party Transactions Disclosure [Text Block]	'
	NOTE 12 – DUE TO / FROM RELATED PARTIES, NET
	As of September 30, 2014 and March 31, 2014 the Company had amounts due to related parties in the amounts of $6,498,554 and $4,925,982 respectively, consisting of an interest-bearing note payable to Ram Light Management Ltd of $1,100,000 and $0, respectively (See Note 6) and non-interest bearing trade payables due to Starlight affiliates in the amount of $5,398,554 and $4,925,982, respectively. As of September 30, 2014 and March 31, 2014 the Company had amounts due from related parties in the amounts of $1,214,039 and $367,520 respectively, consisting primarily of non-interest bearing trade receivables due from Starlight affiliates.

RELATED_PARTY_TRANSACTIONS

RELATED PARTY TRANSACTIONS	6 Months Ended
	Sep. 30, 2014
Related Party Transactions [Abstract]	'
Related Party Transactions Disclosure Excluding Due To Or From [Text Block]	'
	NOTE 13 – RELATED PARTY TRANSACTIONS
	During the three months ended September 30, 2014 and September 30, 2013 the Company sold approximately $86,000 and $1,189,000, respectively to Starlight Electronics Company, Ltd. (“SEC”). During the six months ended September 30, 2014 and September 30, 2013 the Company sold approximately $403,000 and $1,416,000, respectively to SEC. These goods were sold at a discounted price, similar to prices granted to major direct import customers shipped internationally with freight prepaid. The average gross profit margin on sales to SEC for the three months ended September 30, 2014 and September 30, 2013 was 16.5% and 8.6%, respectively. The average gross profit margin on sales to SEC for the six months ended September 30, 2014 and September 30, 2013 was 16.5% and 8.5%, respectively. During the three and six months ended September 30, 2014 and September 30, 2013 the Company sold approximately $973,000 to Winglight Pacific, Ltd. (“Winglight”). These goods were sold at a discounted price, similar to prices granted to major direct import customers shipped internationally with freight prepaid. The average gross profit margin on sales to Winglight for the three and months ended September 30, 2014 and September 30, 2013 was 16.0%. These products were drop shipped to Cosmo Communications of Canada (“Cosmo”), the Company’s primary distributor of its products to Canada. During the three months ended September 30, 2014 and September 30, 2013 the Company sold additional product to Cosmo of approximately $144,000 and $498,000, respectively from our California warehouse facility. During the six months ended September 30, 2014 and September 30, 2013 the Company sold an additional $245,000 and $780,000, respectively of product to Cosmo from our California warehouse facility. These amounts were included as a component of cost of goods sold in the accompanying condensed consolidated statements of operations.
	For the three and six month periods ended September 30, 2014 and 2013 the Company received approximately $117,000 and $0, respectively in licensing fees from SEC for sales of the Company’s products that were sold directly to Cosmo by SEC. These amounts were included as a component of net sales in the accompanying condensed consolidated statements of operations.
	The Company purchased products and services from Starlight R&D, Ltd, (“SLRD”) a subsidiary of Starlight International Holding Ltd. The purchases from SLRD for the three month period ended September 30, 2014 and 2013 were $3,404,499 and $164,057, respectively. The purchases from SLRD for the six month period ended September 30, 2014 and 2013 were $3,429,268 and $206,162, respectively. The Company purchased products from Starfair Electronics Co., Ltd, (“SFE”) a subsidiary of Starlight International Holding Ltd. The purchases from SFE for the three month period ended September 30, 2014 and 2013 were $0 and $665,164 respectively. The purchases from SFE for the six month period ended September 30, 2014 and 2013 were $0 and $741,867 respectively. The Company purchased products and services from Starlight Consumer Electronics USA, Inc. (“SCE”) a subsidiary of Starlight International Holding Ltd. The purchases from SCE for the three month period ended September 30, 2014 and 2013 were $222,495 and $7,748,415, respectively. The purchases from SCE for the six month period ended September 30, 2014 and 2013 were $1,820,695 and $9,701,934, respectively. These amounts were included as a component of cost of goods sold in the accompanying condensed consolidated statements of operations.
	Effective April 1, 2014, SMC-L entered into a service and logistics agreement with SCE, Cosmo USA, Inc. (“Cosmo USA”) and Starlight Electronics USA, Inc. (“Starlight Electronics USA”) to provide logistics, fulfillment, and warehousing services for SCE, Cosmo USA and Starlight Electronic USA’s domestic sales. For these services, SCE, Cosmo USA and Starlight Electronics USA have agreed to reimburse the Company for actual warehouse space occupied by these companies at $8 per pallet and for logistics services performed based on an agreed to fee schedule specified in the agreement. The Company received $41,923 and $0 in service fees from these affiliates during the three month periods ended September 30, 2014 and September 30, 2013, respectively. The Company received $85,208 and $0 in service fees from these affiliates during the six month periods ended September 30, 2014 and September 30, 2013, respectively. The agreement expires on March 31, 2015 and is estimated to yield approximately $180,000 in reimbursements for the fiscal year ending March 31, 2015.
	Effective April 1, 2013, SMC-L entered into a service and logistics agreement with Starlight Consumer Electronics (USA), Inc. (“Starlight USA”), an indirect wholly-owned subsidiary of Starlight International, Cosmo USA, Inc. (“Cosmo USA”) and Starlight Electronics USA, Inc. (“Starlight Electronics USA”) to provide logistics, fulfillment, and warehousing services for Starlight USA, Cosmo USA and Starlight Electronic USA’s domestic sales. For these services, Starlight USA, Cosmo USA and Starlight Electronics USA have agreed to reimburse the Company for actual warehouse space occupied by these companies at $0.50 per square foot and for logistics services performed based on an agreed to fee schedule specified in the agreement. The Company received $0 and $108,804 in service fees from these affiliates during the three month periods ended September 30, 2014 and September 30, 2013, respectively. The Company received $0 and $191,304 in service fees from these affiliates during the six months ended September 30, 2014 and September 30, 2013, respectively. This agreement expired on March 31, 2014.

WARRANTY_PROVISIONS

WARRANTY PROVISIONS	6 Months Ended
	Sep. 30, 2014
Product Warranties Disclosures [Abstract]	'
Product Warranty Disclosure [Text Block]	'
	NOTE 14 – WARRANTY PROVISIONS
	A return program for defective goods is negotiated with each of our wholesale customers on a year-to-year basis. Customers are either allowed to return defective goods within a specified period of time after shipment (between 6 and 9 months) or granted a “defective allowance” consisting of a fixed percentage (between 1% and 5%) off of the invoice price in lieu of returning defective products. The Company records liabilities for its return goods programs and defective goods allowance program at the time of sale for the estimated costs that may be incurred. The liability for defective goods is included in warranty provisions on the condensed consolidated balance sheets.
	Changes in the Company’s obligations for return and allowance programs are presented in the following table:
		Three Months Ended				Six Months Ended
		September 30,		September 30,		September 30,		September 30,
		2014		2013		2014		2013
	Estimated return and allowance liabilities at beginning of period	$	156,824	$	134,270	$	235,172	$	215,471
	Costs accrued for new estimated returns and allowances		442,798		326,763		513,721		375,504
	Return and allowance obligations honored		-71,591		-95,566		-220,862		-225,508
	Estimated return and allowance liabilities at end of period	$	528,031	$	365,467	$	528,031	$	365,467

SUMMARY_OF_SIGNIFICANT_ACCOUNT1

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	6 Months Ended
	Sep. 30, 2014
Accounting Policies [Abstract]	'
Consolidation, Policy [Policy Text Block]	'
	PRINCIPLES OF CONSOLIDATION AND BASIS OF PRESENTATION
	The condensed consolidated financial statements include the accounts of the Company and all of its wholly-owned subsidiaries. All inter-company accounts and transactions have been eliminated in the condensed consolidated financial statements. The accompanying unaudited financial statements for the three and six months ended September 30, 2014 and 2013 have been prepared in accordance with generally accepted accounting principles applicable to interim financial information and the requirements of Form 10-Q and Article 10 of Regulation S-X of the SEC. Accordingly, they do not include all of the information and disclosures required by accounting principles generally accepted in the United States for complete consolidated financial statements. In the opinion of management, such condensed consolidated financial statements include all adjustments (consisting of normal recurring accruals) necessary for the fair presentation of the condensed consolidated financial position and the condensed consolidated results of operations. The condensed consolidated results of operations for the periods presented are not necessarily indicative of the results to be expected for the full year. The condensed consolidated balance sheet information as of March 31, 2014 was derived from the audited consolidated financial statements included in the Company’s Annual Report on Form 10-K. The interim condensed consolidated financial statements should be read in conjunction with that report.
Trade and Other Accounts Receivable, Policy [Policy Text Block]	'
	COLLECTIBILITY OF ACCOUNTS RECEIVABLE
	The Singing Machine's allowance for doubtful accounts is based on management's estimates of the creditworthiness of its customers, current economic conditions and historical information, and, in the opinion of management, is believed to be an amount sufficient to respond to normal business conditions. Management sets 100% reserves for customers in bankruptcy and other reserves based upon historical collection experience. Should business conditions deteriorate or any major customer default on its obligations to the Company, this allowance may need to be significantly increased, which would have a negative impact on operations.
Foreign Currency Transactions and Translations Policy [Policy Text Block]	'
	FOREIGN CURRENCY TRANSLATION
	The functional currency of the Macau Subsidiary is the Hong Kong dollar. Such financial statements are translated to U.S. dollars using year-end rates of exchange for assets and liabilities, and average rates of exchange for the year for revenues, costs, and expenses. Net gains and losses resulting from foreign exchange transactions and translations were not material during the periods presented.
Concentration of Credit Risk [Policy Text Block]	'
	Concentration of Credit Risk
	At times, the Company maintains cash in United States bank accounts that are in excess of the Federal Deposit Insurance Corporation (“FDIC”) insured amounts of up to $250,000. As of September 30, 2014 and March 31, 2014, the Company had cash deposits of $0 and $964,282 that exceeded the FDIC insurance limit. In addition, the Company deposited $138,042 in a restricted certificate of deposit with Wells Fargo Bank as collateral for a stand-by letter of credit issued to Majestic Realty (California warehouse’s landlord) as a security deposit required by the property lease. The Company maintains cash balances in foreign financial institutions. The amounts in foreign financial institutions at September 30, 2014 and March 31, 2014 were $135,872 and $277,859 respectively
Inventory, Policy [Policy Text Block]	'
	INVENTORY
	Inventories are comprised of electronic karaoke equipment, accessories, electronic musical instruments, electronic toys and compact discs and are stated at the lower of cost or market, as determined using the first in, first out method. The Singing Machine reduces inventory on hand to its net realizable value on an item-by-item basis when it is apparent that the expected realizable value of an inventory item falls below its original cost. A charge to cost of sales results when the estimated net realizable value of specific inventory items declines below cost. Management regularly reviews the Company's investment in inventories for such declines in value.
Earnings Per Share, Policy [Policy Text Block]	'
	COMPUTATION OF EARNINGS PER SHARE
	Income (loss) per common share is computed by dividing net income (loss) by the weighted average of common shares outstanding during the period. Diluted net income (loss) per share is presented as the conversion of stock options would have a dilutive effect. As of September 30, 2014 and 2013 total potential dilutive shares amounted to approximately 455,000 and 530,000 shares, respectively. These shares were included in the computation of diluted earnings per share for the three months ended September 30, 2014 and 2013, however, they were not included in the computation of earnings per share for the six months ended September 30, 2014 and 2013 because their effect is anti-dilutive.
Revenue Recognition, Policy [Policy Text Block]	'
	REVENUE RECOGNITION
	Revenue from the sale of equipment, accessories, and musical recordings are recognized upon the later of: (a) the time of shipment or (b) when title passes to the customers and all significant contractual obligations have been satisfied and collection of the resulting receivable is reasonably assured. Revenues from sales of consigned inventory are recognized upon sale of the product by the consignee. Net sales are comprised of gross sales net of actual and estimated future returns, discounts and volume rebates.
Share-based Compensation, Option and Incentive Plans Policy [Policy Text Block]	'
	STOCK BASED COMPENSATION
	The Company follows the provisions of the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 718, “Compensation – Stock Compensation Awards Classified as Equity”. ASC 718 requires all share-based payments to employees including grants of employee stock options, be measured at fair value and expensed in the condensed consolidated statement of operations over the service period (generally the vesting period). The Company uses the Black-Scholes option valuation model to value stock options. Employee stock option compensation expense for the three and six months ended September 30, 2014 and 2013 includes the estimated fair value of options granted, amortized on a straight-line basis over the requisite service period for the entire portion of the award. For the three months ended September 30, 2014 and 2013 the stock option expense was $2,205 and $12,420, respectively. For the six months ended September 30, 2014 and 2013 the stock option expense was $34,603 and $14,776, respectively.
Advertising Costs, Policy [Policy Text Block]	'
	ADVERTISING
	Costs incurred for producing and publishing advertising of the Company are charged to operations the first time the advertising takes place. The Company has entered into cooperative advertising agreements with its major customers that specifically indicated that the customer has to spend the cooperative advertising fund upon the occurrence of mutually agreed events. The percentage of the cooperative advertising allowance ranges from 2% to 7% of the purchase. The customers have to advertise the Company's products in the customer's catalog, local newspaper and other advertising media. The customer must submit the proof of the performance (such as a copy of the advertising showing the Company’s products) to the Company to request for the allowance. The customer does not have the ability to spend the allowance at their discretion. The Company believes that the identifiable benefit from the cooperative advertising program and the fair value of the advertising benefit is equal or greater than the cooperative advertising expense. Advertising expense for the three months ended September 30, 2014 and 2013 was $821,026 and $581,427, respectively. Advertising expense for the six months ended September 30, 2014 and 2013 was $1,020,746 and $726,934, respectively.
Research and Development Expense, Policy [Policy Text Block]	'
	RESEARCH AND DEVELOPMENT COSTS
	All research and development costs are charged to results of operations as incurred. These expenses are shown as a component of selling, general and administrative expenses in the condensed consolidated statements of operations. For the three months ended September 30, 2014 and 2013, these amounts totaled $45,313 and $33,212, respectively. For the six months ended September 30, 2014 and 2013, these amounts totaled $73,513 and $57,002, respectively.
Fair Value of Financial Instruments, Policy [Policy Text Block]	'
	FAIR VALUE OF FINANCIAL INSTRUMENTS
	The Company adopted FASB ASC 825, which requires disclosures of information about the fair value of certain financial instruments for which it is practicable to estimate that value. For purposes of this disclosure, the fair value of a financial instrument is the amount at which the instrument could be exchanged in a current transaction between willing parties, other than in a forced sale or liquidation.
	The carrying amounts of the Company's short-term financial instruments, including accounts receivable, accounts payable, obligations to clients for returns and allowances, warranty provision, accrued expenses and net due to related parties approximates fair value due to the relatively short period to maturity for these instruments.
Recent Accounting Pronouncements [Policy Text Block]	'
	RECENT ACCOUNTING PRONOUNCEMENTS
	In May 2014, the Financial Accounting Standards Board issued Accounting Standards Update (“ASU”) 2014-09 which outlines a single comprehensive model for companies to use when accounting for revenue arising from contracts with customers. The core principle of the revenue recognition model is that an entity recognizes revenue to depict the transfer of goods and 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. In order to achieve this core principle a company must apply the following steps in determining revenue recognition:
		·	Identify the contract(s) with a customer.
		·	Identify the performance obligations in the contract.
		·	Determine the transaction price.
		·	Allocate the transaction price to the performance obligations in the contract.
		·	Recognize revenue when (or as) the entity satisfies a performance obligation.
	The amendments in this ASU are effective for annual reporting periods beginning after December 15, 2016 including interim periods within that reporting period with early application not allowed. Management is currently assessing whether the implementation of ASU 2014-09 will have any material effect on the company’s consolidated financial statements.
	In June 2014, the FASB issued ASU 2014-12, Accounting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could Be Achieved after the Requisite Service Period. The ASU clarifies that entities should treat performance targets that can be met after the requisite service period of a share-based payment award as performance conditions that affect vesting. An entity would not record compensation expense (measured as of the grant date without taking into account the effect of the performance target) related to an award for which transfer to the employee is contingent on the entity’s satisfaction of a performance target until it becomes probable that the performance target will be met. The ASU is effective for all entities for reporting periods beginning after December 15, 2015. Management does not believe the implementation of ASU 2014-12 will have any material effect on the company’s consolidated financial statements.
	In August 2014, the FASB issued ASU 2014-15, Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern. The ASU requires that at every interim and annual period, management determine whether conditions or events exist that raise substantial doubt about an entity’s ability to continue as a going concern within one year after the date the financial statements are issued. If management’s initial consideration of the relevant conditions and events indicates that it is probable the entity will not be able to meet its obligations as they become due within the assessment period, then management must evaluate whether it is probable that plans to mitigate these factors will alleviate that substantial doubt. The mitigating effect is considered only if it is probable that the plan will be effectively implemented and probable that the plans will mitigate the conditions or events that raised the substantial doubt. If management’s plans will alleviate the substantial doubt, an entity must disclose in the notes to the financial statements the conditions or events that raised substantial doubt and management’s plans that alleviated those concerns. If management’s plans will not alleviate the substantial doubt, an entity must disclose in the notes to the financial statements the same conditions and events along with management’s plans that did not alleviate the substantial doubt, in addition to a statement that indicates there is substantial doubt about the entity’s ability to continue as a going concern. ASU 2014-15 is effective for annual periods ending after December 15, 2016 and for interim periods within annual periods beginning after December 15, 2016. Management is currently assessing whether the implementation of ASU 2014-15 will have any material effect on the company’s consolidated financial statement disclosures.

INVENTORIES_NET_Tables

INVENTORIES, NET (Tables)	6 Months Ended
	Sep. 30, 2014
Inventory Disclosure [Abstract]	'
Schedule of Inventory, Current [Table Text Block]	'
	Inventories are comprised of the following components:
		September 30,		March 31,
		2014		2014
		(unaudited)		(audited)
	Finished Goods	$	12,173,479	$	6,187,520
	Inventory in Transit		3,572,416		278,093
	Inventory Reserve		-688,000		-638,000
	Inventories, net	$	15,057,895	$	5,827,613

PROPERTY_AND_EQUIPMENT_Tables

PROPERTY AND EQUIPMENT (Tables)	6 Months Ended
	Sep. 30, 2014
Property, Plant and Equipment [Abstract]	'
Property, Plant and Equipment [Table Text Block]	'
	A summary of property and equipment is as follows:
		USEFUL	September 30,		March 31,
		LIFE	2014		2014
			(unaudited)		(audited)
	Computer and office equipment	5 years	$	283,061	$	282,921
	Furniture and fixtures	5-7 years		4,312		4,312
	Warehouse equipment	7 years		224,106		224,106
	Molds and tooling	3-5 years		2,357,133		2,324,120
				2,868,612		2,835,459
	Accumulated depreciation			2,336,578		2,274,234
	Property and equipment, net		$	532,034	$	561,225

LONGTERM_CAPITAL_LEASE_Tables

LONG-TERM CAPITAL LEASE (Tables)	6 Months Ended
	Sep. 30, 2014
Debt Disclosure [Abstract]	'
Schedule of Future Minimum Lease Payments for Capital Leases [Table Text Block]	'
	As of September 30, 2014 and March 31, 2014, the Company had obligations under the capital lease payable as follows:
			September 30, 2014		March 31, 2014
	Total minimum lease payments
	Within one year	$	12,984	$	12,984
	After one year but within 3 years		7,574		14,066
			20,558		27,050
	Interest payments relating to future periods		-747		-1,268
	Present Value of minimum lease payments	$	19,811	$	25,782

COMMITMENTS_AND_CONTINGENCIES_

COMMITMENTS AND CONTINGENCIES (Tables)	6 Months Ended
	Sep. 30, 2014
Commitments and Contingencies Disclosure [Abstract]	'
Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]	'
	In addition, the Company maintains various warehouse equipment and computer equipment operating leases. Future minimum lease payments under property and equipment leases with terms exceeding one year as of September 30, 2014 are as follows:
		Property Leases
	For period ending September 30
	2015	$	524,397
	2016		550,102
	2017		503,594
	2018		499,872
	2019		524,271
	2020 and beyond		480,582
		$	3,082,818

GEOGRAPHICAL_INFORMATION_Table

GEOGRAPHICAL INFORMATION (Tables)	6 Months Ended
	Sep. 30, 2014
Segment Reporting [Abstract]	'
Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas [Table Text Block]	'
	Sales by geographic region for the periods presented are as follows:
		FOR THE THREE MONTHS ENDED				FOR THE SIX MONTHS ENDED
		September 30,				September 30,
		2014		2013		2014		2013
	North America	$	15,756,547	$	10,834,570	$	18,046,800	$	12,248,137
	Europe and Australia		195,512		-		450,218		-
		$	15,952,059	$	10,834,570	$	18,497,018	$	12,248,137

WARRANTY_PROVISIONS_Tables

WARRANTY PROVISIONS (Tables)	6 Months Ended
	Sep. 30, 2014
Product Warranties Disclosures [Abstract]	'
Schedule of Product Warranty Liability [Table Text Block]	'
	Changes in the Company’s obligations for return and allowance programs are presented in the following table:
		Three Months Ended				Six Months Ended
		September 30,		September 30,		September 30,		September 30,
		2014		2013		2014		2013
	Estimated return and allowance liabilities at beginning of period	$	156,824	$	134,270	$	235,172	$	215,471
	Costs accrued for new estimated returns and allowances		442,798		326,763		513,721		375,504
	Return and allowance obligations honored		-71,591		-95,566		-220,862		-225,508
	Estimated return and allowance liabilities at end of period	$	528,031	$	365,467	$	528,031	$	365,467

SUMMARY_OF_SIGNIFICANT_ACCOUNT2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Textual) (USD $)	3 Months Ended		6 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Mar. 31, 2014
Accounting Policies [Line Items]	'	'	'	'	'
Percentage Of Reserves For Customers	'	'	100.00%	'	'
Cash, FDIC Insured Amount	$0	'	$0	'	$964,282
Concentration Risk Credit Risk Cash Balance in Foreign Financial Institutions	135,872	'	135,872	'	277,859
Stock or Unit Option Plan Expense	2,205	12,420	34,603	14,776	'
Advertising Expense	821,026	581,427	1,020,746	726,934	'
Research and Development Expense	45,313	33,212	73,513	57,002	'
Restricted Cash and Cash Equivalents, Current	$138,042	'	$138,042	'	'
Weighted Average Number Diluted Shares Outstanding Adjustment	455,000	530,000	'	'	'
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	'	'	455,000	530,000	'
Maximum [Member]	'	'	'	'	'
Accounting Policies [Line Items]	'	'	'	'	'
Percentage Of Cooperative Advertising Allowance	7.00%	'	7.00%	'	'
Minimum [Member]	'	'	'	'	'
Accounting Policies [Line Items]	'	'	'	'	'
Percentage Of Cooperative Advertising Allowance	2.00%	'	2.00%	'	'

INCOME_TAXES_Details_Textual

INCOME TAXES (Details Textual) (USD $)	3 Months Ended		6 Months Ended		12 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Mar. 31, 2014
Income Taxes [Line Items]	'	'	'	'	'
Net deferred tax assets before valuation allowance	$3,300,000	'	$3,300,000	'	$3,200,000
Valuation allowance	800,000	'	800,000	'	'
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	'	'	'	'	40.00%
Income (Loss) From Continuing Operations Before Income Taxes, Extraordinary Items, Noncontrolling Interest	499,805	511,098	-289,615	-356,309	'
Income Tax Expense (Benefit)	$178,634	$187,147	($111,257)	($139,194)	'
Scenario, Forecast [Member]	'	'	'	'	'
Income Taxes [Line Items]	'	'	'	'	'
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	'	'	38.00%	'	'

INVENTORIES_NET_Details

INVENTORIES, NET (Details) (USD $)	Sep. 30, 2014	Mar. 31, 2014
Inventory [Line Items]	'	'
Finished Goods	$12,173,479	$6,187,520
Inventory in Transit	3,572,416	278,093
Inventory Reserve	-688,000	-638,000
Inventories, net	$15,057,895	$5,827,613

INVENTORIES_NET_Details_Textua

INVENTORIES, NET (Details Textual) (USD $)	Sep. 30, 2014	Mar. 31, 2014
Inventory [Line Items]	'	'
Other Inventory, Materials, Supplies and Merchandise under Consignment	$353,201	$353,201

PROPERTY_AND_EQUIPMENT_Details

PROPERTY AND EQUIPMENT (Details) (USD $)	6 Months Ended
	Sep. 30, 2014	Mar. 31, 2014
Property, Plant and Equipment [Line Items]	'	'
Computer and office equipment	$283,061	$282,921
Furniture and fixtures	4,312	4,312
Molds and tooling	2,357,133	2,324,120
Property, Plant and Equipment, Gross	2,868,612	2,835,459
Accumulated depreciation	2,336,578	2,274,234
Property and equipment, net	532,034	561,225
Computer and Office Equipment [Member]	'	'
Property, Plant and Equipment [Line Items]	'	'
Average useful life (in years)	'5 years	'
Furniture and Fixtures [Member] | Minimum [Member]	'	'
Property, Plant and Equipment [Line Items]	'	'
Average useful life (in years)	'5 years	'
Furniture and Fixtures [Member] | Maximum [Member]	'	'
Property, Plant and Equipment [Line Items]	'	'
Average useful life (in years)	'7 years	'
Warehouse Equipment [Member]	'	'
Property, Plant and Equipment [Line Items]	'	'
Average useful life (in years)	'7 years	'
Property, Plant and Equipment, Gross	$224,106	$224,106
Molds and tooling [Member] | Minimum [Member]	'	'
Property, Plant and Equipment [Line Items]	'	'
Average useful life (in years)	'3 years	'
Molds and tooling [Member] | Maximum [Member]	'	'
Property, Plant and Equipment [Line Items]	'	'
Average useful life (in years)	'5 years	'

PROPERTY_AND_EQUIPMENT_Details1

PROPERTY AND EQUIPMENT (Details Textual) (USD $)	3 Months Ended		6 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Property, Plant and Equipment [Line Items]	'	'	'	'
Depreciation	$32,873	$30,659	$62,204	$57,977

LINE_OF_CREDIT_Details_Textual

LINE OF CREDIT (Details Textual) (USD $)	3 Months Ended			6 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Jun. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Mar. 31, 2014
Line of Credit Facility [Line Items]	'	'	'	'	'	'
Line of Credit Facility, Increase, Accrued Interest	$3,271	$8,061	'	$5,298	$8,796	'
Percentage Of Factoring Fees	'	'	'	1.00%	'	'
Due to Related Parties	6,498,554	'	'	6,498,554	'	4,925,982
Line Of Credit Commission Expenses	1,498	44,113	'	16,004	67,133	'
Line Of Credit Facility Sub Limits Description	'	'	'	'The Revolving Credit Facility includes the following sub-limits: Letters of Credit to be issued limited to $3,000,000. Inventory availability limited to $4,000,000. Mandatory pay-down to $1,000,000 (excluding letters of credit) for any 30 consecutive days between February 1 and April 30.	'	'
Line of Credit Facility, Description	'	'	'	'Usage under the Revolving Credit Facility shall not exceed the sum of the following (the Borrowing Base): Up to 85% of the companys eligible domestic and Canadian accounts receivable aged less than 60 days past due (not to exceed 90 days from invoice date, cross aged on the basis of 50% or more past due with certain specific accounts qualifying for up to 120 days from invoice date not to exceed 30 days from the due date; plus Up to the lesser of (a) 50% of the cost of eligible inventory or (b) 75% of net orderly liquidation value percentage of eligible inventory (annual inventory appraisals required); minus An all-time $500,000 block; minus Applicable reserves including a dilution reserve equal to 125% of the Companys advertising and return accrual reserves. Dilution reserve not to exceed availability generated from eligible accounts receivable.	'	'
Interest Expense, Borrowings	61,065	'	0	61,065	0	'
Amortization of Financing Costs	15,433	0	'	15,433	0	'
Line of Credit Facility, Interest Rate Description	'	'	'	'Interest on the line of credit and discounting charges on accounts receivable advances was accrued at a rate of 2% per annum over the prime rate as published by the Wall Street Journal and at no time shall the effective rate be less than 5.25% per annum.	'	'
Revolving Credit Facility [Member]	'	'	'	'	'	'
Line of Credit Facility [Line Items]	'	'	'	'	'	'
Line of Credit Facility, Interest Rate During Period	'	'	'	2.00%	'	'
Debt Instrument, Basis Spread on Variable Rate	'	'	'	3.50%	'	'
Line Of Credit Facility Defaut Rate	'	'	'	2.00%	'	'
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage	'	'	'	0.38%	'	'
First Priority Security Ownership Interest, Percentage	100.00%	'	'	100.00%	'	'
First Priority Lien, Percentage	65.00%	'	'	65.00%	'	'
Debt Instrument, Description of Variable Rate Basis	'	'	'	'LIBOR	'	'
Line of Credit Facility, Covenant Terms	'	'	'	'The Revolving Credit Facility must comply with the following quarterly financial covenants to avoid default: Fixed charge coverage ratio test of 1.1:1 times measured on a rolling four quarter basis, defined as EBITDA less non-financed capital expenditures, cash dividends and distributions paid and cash taxes paid divided by the sum of interest and principal on all indebtedness. Capital expenditures limited to $150,000 per year.	'	'
Line of Credit Facility, Initiation Date	'	'	'	14-Jul-14	'	'
Line of Credit Facility, Expiration Date	'	'	'	14-Jul-17	'	'
Line of Credit Facility, Commitment Fee Amount	7,617	0	'	7,617	0	'
Ram Light Management, Ltd., [Member]	'	'	'	'	'	'
Line of Credit Facility [Line Items]	'	'	'	'	'	'
Due to Related Parties	1,683,247	'	'	1,683,247	'	'
Conversion Of Related Party Debt	1,100,000	'	'	1,100,000	'	'
Debt Instrument, Payment Terms	'	'	'	'The Ram Light Note bears interest at 6% per annum with quarterly payments of $150,000 (including principal and interest) payable beginning December 31, 2014. The first scheduled principal and interest payment of $150,000 will only be permitted upon receipt of the Companys December 31, 2014 quarterly compliance certificate; the Company having met the mandatory pay-down of the Revolving Credit Facility to $1,000,000 and average excess availability for the prior 30 days (after subtraction of third party trade payables 30 days or more past due) of no less than $1,000,000 after giving effect to the payment.	'	'
Interest Expense, Related Party	12,694	'	'	'	0	'
Starlight Marketing Development, Ltd [Member]	'	'	'	'	'	'
Line of Credit Facility [Line Items]	'	'	'	'	'	'
Due to Related Parties	816,753	'	'	816,753	'	'
Starlight Marketing Development, Ltd [Member] | Revolving Credit Facility [Member]	'	'	'	'	'	'
Line of Credit Facility [Line Items]	'	'	'	'	'	'
Debt Instrument, Collateral Amount	2,500,000	'	'	2,500,000	'	'
Debt Instrument, Collateral Fee	'	'	'	222,000	'	'
Related Party [Member]	'	'	'	'	'	'
Line of Credit Facility [Line Items]	'	'	'	'	'	'
Due to Related Parties	2,500,000	'	'	2,500,000	'	'
Peak Selling Season between August 1 and December 31 [Member] | Revolving Credit Facility [Member]	'	'	'	'	'	'
Line of Credit Facility [Line Items]	'	'	'	'	'	'
Line of Credit Facility, Maximum Amount Outstanding During Period	'	'	'	15,000,000	'	'
Peak Selling Season between between January 1 and July 31 [Member] | Revolving Credit Facility [Member]	'	'	'	'	'	'
Line of Credit Facility [Line Items]	'	'	'	'	'	'
Line of Credit Facility, Maximum Amount Outstanding During Period	'	'	'	$7,500,000	'	'

LONGTERM_CAPITAL_LEASE_Details

LONG-TERM CAPITAL LEASE (Details) (USD $)	Sep. 30, 2014	Mar. 31, 2014
Total minimum lease payments	'	'
Within one year	$12,984	$12,984
After one year but within 3 years	7,574	14,066
Minimum Lease Payments, Sale Leaseback Transactions, Total	20,558	27,050
Interest payments relating to future periods	-747	-1,268
Present Value of minimum lease payments	$19,811	$25,782

LONGTERM_CAPITAL_LEASE_Details1

LONG-TERM CAPITAL LEASE (Details Textual) (USD $)	0 Months Ended	3 Months Ended		6 Months Ended			1 Months Ended
	Apr. 13, 2013	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Mar. 31, 2014	31-May-13	Apr. 30, 2013
							Wells Fargo Equipment Finance [Member]	Wells Fargo Equipment Finance [Member]
Long Term Capital Lease [Line Items]	'	'	'	'	'	'	'	'
Capital Lease Obligations Incurred	$39,312	'	'	$0	$36,388	'	'	'
Monthly Lease Payments	'	'	'	'	'	'	1,082	'
Lease term	'	'	'	'	'	'	'36 months	'
Long Term Capital Lease Interest Rate	'	'	'	'	'	'	'	4.50%
Interest Expense, Lessee, Assets under Capital Lease	'	244	375	521	643	'	'	'
Capital Leases, Future Minimum Payments, Present Value of Net Minimum Payments, Total	'	$19,811	'	$19,811	'	$25,782	'	'

OBLIGATIONS_TO_CUSTOMERS_FOR_R1

OBLIGATIONS TO CUSTOMERS FOR RETURNS AND ALLOWANCES (Details Textual) (USD $)	Sep. 30, 2014	Mar. 31, 2014
Obligations To Clients For Returns And Allowances [Line Items]	'	'
Customer Refund Liability, Current	$468,878	$469,838
Accounts Receivable [Member]	'	'
Obligations To Clients For Returns And Allowances [Line Items]	'	'
Customer Refund Liability, Current	$468,878	$469,838

COMMITMENTS_AND_CONTINGENCIES_1

COMMITMENTS AND CONTINGENCIES (Details) (USD $)	Sep. 30, 2014
Commitments And Contingencies [Line Items]	'
2015	$524,397
2016	550,102
2017	503,594
2018	499,872
2019	524,271
2020 and beyond	480,582
Operating Leases, Future Minimum Payments Due	$3,082,818

COMMITMENTS_AND_CONTINGENCIES_2

COMMITMENTS AND CONTINGENCIES (Details Textual) (USD $)	3 Months Ended		6 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Commitments And Contingencies [Line Items]	'	'	'	'
Operating Leases, Rent Expense, Net	$147,905	$148,424	$311,375	$303,655

SHAREHOLDERS_EQUITY_Details_Te

SHAREHOLDERS' EQUITY (Details Textual) (USD $)	Sep. 30, 2014	Sep. 05, 2014	Sep. 30, 2014
		Director [Member]	Stock Option Plan 2001 [Member]
Shareholders' Equity [Line Items]	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number, Ending Balance	700,000	'	1,196,000
Common Stock, Shares, Issued	'	46,875	'
Common Stock, Par Or Stated Value Per Share	'	$0.16	'

GEOGRAPHICAL_INFORMATION_Detai

GEOGRAPHICAL INFORMATION (Details) (USD $)	3 Months Ended		6 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Segment Reporting Information [Line Items]	'	'	'	'
Net Sales	$15,952,059	$10,834,570	$18,497,018	$12,248,137
North America [Member]	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'
Net Sales	15,756,547	10,834,570	18,046,800	12,248,137
Europe And Australia [Member]	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'
Net Sales	$195,512	$0	$450,218	$0

DUE_TO_FROM_RELATED_PARTIES_NE1

DUE TO / FROM RELATED PARTIES, NET (Details Textual) (USD $)	Sep. 30, 2014	Mar. 31, 2014
Related Party Transaction [Line Items]	'	'
Due to Related Parties	$6,498,554	$4,925,982
Due from Related Parties, Noncurrent	5,398,554	4,925,982
Ram Light Management, Ltd [Member]	'	'
Related Party Transaction [Line Items]	'	'
Due to Related Parties	1,100,000	0
Starlight Affliates [Member]	'	'
Related Party Transaction [Line Items]	'	'
Due from Related Parties, Noncurrent	$1,214,039	$367,520

RELATED_PARTY_TRANSACTIONS_Det

RELATED PARTY TRANSACTIONS (Details Textual) (USD $)	3 Months Ended		6 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Starlight Electronics Co., Ltd [Member]	'	'	'	'
Related Party Transaction [Line Items]	'	'	'	'
Related Party Transaction, Other Revenues from Transactions with Related Party	$86,000	$1,189,000	$403,000	$1,416,000
Related Party Gross Margin Percentage (in percentage)	16.50%	8.60%	16.50%	8.50%
Licenses Revenue	117,000	117,000	0	0
Starlight Consumer Electronics Usa, Inc [Member]	'	'	'	'
Related Party Transaction [Line Items]	'	'	'	'
Related Party Purchases From Related Party Transaction One	222,495	7,748,415	1,820,695	9,701,934
Star Fair Electronics Co Ltd [Member]	'	'	'	'
Related Party Transaction [Line Items]	'	'	'	'
Related Party Purchases From Related Party Transaction One	0	665,164	0	741,867
Starlight Rd, Ltd [Member]	'	'	'	'
Related Party Transaction [Line Items]	'	'	'	'
Related Party Purchases From Related Party Transaction One	3,404,499	164,057	3,429,268	206,162
Cosmo Communications Canada [Member]	'	'	'	'
Related Party Transaction [Line Items]	'	'	'	'
Related Party Transaction, Revenues from Transactions with Related Party	144,000	498,000	245,000	780,000
Winglight Pacific, Ltd [Member]	'	'	'	'
Related Party Transaction [Line Items]	'	'	'	'
Related Party Transaction, Revenues from Transactions with Related Party	973,000	973,000	973,000	973,000
Related Party Gross Margin Percentage (in percentage)	16.00%	16.00%	16.00%	16.00%
SCE, Cosmo USA and Starlight Electronics USA [Member]	'	'	'	'
Related Party Transaction [Line Items]	'	'	'	'
Proceeds from Fees Received	41,923	0	85,208	0
Agreement Expiration Date	'	'	31-Mar-15	'
Warehouse Space Per Pallet	'	'	$8	'
SCE, Cosmo USA and Starlight Electronics USA [Member] | Subsequent Event [Member]	'	'	'	'
Related Party Transaction [Line Items]	'	'	'	'
Estimated Service Fee	'	'	180,000	'
Starlight USA, Cosmo USA and Starlight Electronic USAbs [Member]	'	'	'	'
Related Party Transaction [Line Items]	'	'	'	'
Proceeds from Fees Received	0	108,804	0	191,304
Agreement Expiration Date	'	'	31-Mar-14	'
Warehouse space Square Foot Value	'	'	$0.50	'

WARRANTY_PROVISIONS_Details

WARRANTY PROVISIONS (Details) (USD $)	3 Months Ended		6 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Warranty Provisions [Line Items]	'	'	'	'
Estimated return and allowance liabilities at beginning of period	$156,824	$134,270	$235,172	$215,471
Costs accrued for new estimated returns and allowances	442,798	326,763	513,721	375,504
Return and allowance obligations honored	-71,591	-95,566	-220,862	-225,508
Estimated return and allowance liabilities at end of period	$528,031	$365,467	$528,031	$365,467

WARRANTY_PROVISIONS_Details_Te

WARRANTY PROVISIONS (Details Textual)	6 Months Ended
	Sep. 30, 2014
Warranty Provisions [Line Items]	'
Standard Product Warranty Description	'Customers are either allowed to return defective goods within a specified period of time after shipment (between 6 and 9 months) or granted a defective allowance consisting of a fixed percentage (between 1% and 5%) off of the invoice price in lieu of returning defective products.