Component: (Network and Table)
Network
00100 - Statement - CONSOLIDATED BALANCE SHEETS
(http://www.techprecision.com/role/StatementConsolidatedBalanceSheets)
Table(Implied)
Slicers (applies to each fact value in each table cell)
Reporting Entity [Axis]0001328792 (http://www.sec.gov/CIK)
CONSOLIDATED BALANCE SHEETSPeriod [Axis]
2016-03-31
2015-03-31
CONSOLIDATED BALANCE SHEETS
 
 
ASSETS
 
 
Current assets:
 
 
Cash and cash equivalents
1,332,166  
1,336,325  
Accounts receivable, less allowance for doubtful accounts of $0 - 2016 and $24,693 - 2015
2,022,480  
826,363  
Costs incurred on uncompleted contracts, in excess of progress billings
2,395,642  
2,008,244  
Inventories- raw materials
128,595  
134,812  
Deferred income taxes
 
826,697  
Other current assets
530,808  
538,253  
Total current assets
6,409,691  
 
5,670,694  
 
Property, plant and equipment, net
4,814,184  
5,610,041  
Deferred income taxes
684,270  
 
Other noncurrent assets, net
223,686  
45,490  
Total assets
12,131,831  
 
11,326,225  
 
LIABILITIES AND STOCKHOLDERS' EQUITY:
 
 
Current liabilities:
 
 
Accounts payable
996,065  
1,526,123  
Accrued expenses
1,804,485  
1,665,658  
Trade notes payable
 
138,237  
Income taxes payable
9,032  
 
Advanced claims payment
507,835  
 
Billings on uncompleted contracts, in excess of related costs
1,629,018  
1,211,506  
Short-term debt
 
2,250,000  
Current portion of long-term debt
953,106  
933,651  
Total current liabilities
5,899,541  
 
7,725,175  
 
Long-term debt, including capital leases
3,782,752  
2,485,858  
Deferred income taxes
684,270  
826,697  
Noncurrent accrued expenses
37,097  
 
Commitments and contingent liabilities (see Note 15)
xsi:nil  
xsi:nil  
Stockholders' Equity:
 
 
Preferred stock - par value $.000 per share, 10,000,000 shares authorized, of which 9,890,980 are designated as Series A Preferred Stock, with -0- and 1,927,508 shares issued and outstanding at March 31, 2016 and 2015, respectively (liquidation preference of $0 and $549,340 at March 31, 2016 and 2015, respectively)
 
524,210  
Common stock - par value $.0001 per share, 90,000,000 shares authorized, 27,324,593 shares issued and outstanding at March 31, 2016, and 24,669,958 shares issued and outstanding at March 31, 2015
2,732  
2,467  
Additional paid in capital
7,094,749  
6,487,589  
Accumulated other comprehensive income
21,568  
23,561  
Accumulated deficit
(5,390,878) 
(6,749,332) 
Total stockholders' equity
1,728,171  
 
288,495  
 
Total liabilities and stockholders' equity
12,131,831  
 
11,326,225