• Filing Date: 2019-02-19
  • Form Type: 10-Q
  • Description: Quarterly report
v3.10.0.1
Note 3 - Inventories
9 Months Ended
Dec. 31, 2018
Notes to Financial Statements  
Inventory Disclosure [Text Block]
NOTE 
3
 - INVENTORIES
       
 
Inventories at
December 31, 2018
consisted of the following:
 
   
Current
   
Long Term
   
Total
 
Raw materials
  $
313,777
    $
110,433
    $
424,210
 
Finished goods
   
42,676
     
618
     
43,294
 
    $
356,453
    $
111,051
    $
467,504
 
 
Inventories at
March 31, 2018
consisted of the following:
 
   
Current
   
Long Term
   
Total
 
Raw materials
  $
168,640
    $
110,433
    $
279,073
 
Finished goods
   
32,383
     
618
     
33,001
 
    $
201,023
    $
111,051
    $
312,074
 
 
The Company values its inventories at the lower of cost and net realizable value using the 
first
 in, 
first
 out (“FIFO”) method.