Annual report pursuant to Section 13 and 15(d)

5. Accounts Receivable

v3.21.2
5. Accounts Receivable
12 Months Ended
Mar. 31, 2021
Receivables [Abstract]  
Accounts Receivable

NOTE 5 – Accounts Receivable

 

Accounts receivable, net consists of the following:

 

    March 31,  
    2021     2020  
Accounts receivable   $ 4,419,000     $ 6,231,000  
Less: allowance for doubtful accounts     (125,000 )     (1,028,000 )
Less: discounts, rebates, distributor fees and returns     (1,488,000 )     (1,230,000 )
    $ 2,806,000     $ 3,973,000