Quarterly report pursuant to Section 13 or 15(d)

5. Condensed Consolidated Balance Sheets (Tables)

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5. Condensed Consolidated Balance Sheets (Tables)
 3 Months Ended
Jun. 30, 2019
Inventory Disclosure [Abstract]  
Schedule of inventories
    June 30,     March 31,  
    2019     2019  
Raw materials   $ 1,810,000     $ 1,766,000  
Finished goods     1,558,000       1,643,000  
    $ 3,368,000     $ 3,409,000  
Schedule of leases

    June 30,     April 1,     March 31,  
    2019     2019     2019  
Operating leases:                        
Operating lease right-of-use assets   $ 1,316,000     $ 1,442,000     $ –  
Operating lease liabilities – current     438,000       497,000       –  
Operating lease liabilities – non- current     933,000       1,005,000       –  
Finance leases:                        
Property, plant and equipment     –       95,000       95,000  
Current portion of capital leases     –       141,000       141,000  

 

Other information related to leases is presented below:

 

Three Months Ended June 30, 2019      
Operating lease cost   $ 150,000  
Other information:        
Operating cash flows from operating leases     155,000  
Weighted-average remaining lease term – operating leases (in months)     49.9  
Weighted-average discount rate – operating leases     6.0%  

 
Schedule of annual minimum lease payments
For Years Ending March 31,        
  2020 (excluding the three months ended June 30, 2019)     $ 419,000  
  2021       309,000  
  2022       271,000  
  2023       248,000  
  2024       223,000  
  Thereafter       83,000  
  Total future minimum lease payments, undiscounted       1,553,000  
  Less: imputed interest       183,000  
  Present value of future minimum lease payments     $ 1,370,000