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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2025
Mar. 31, 2024
Current assets:    
Cash and cash equivalents $ 24,516 $ 18,982
Accounts receivable - net of related allowance for credit loss of $2 and $0 109 0
Materials and supplies 968 0
Income taxes receivable 902 902
Prepaid expenses and other assets 941 373
Assets of discontinued operations 0 39,441
Total current assets 27,436 59,698
Operating lease right-of-use assets 2,963 65
Property, plant, and equipment, net 30,945 75
Intangible assets, net 3,673 0
Goodwill 12,280 0
Other assets 375 0
Total assets 77,672 59,838
Current liabilities:    
Accounts payable 1,300 99
Accrued expenses and other current liabilities 588 335
Current portion of operating lease liabilities 286 0
Contract liability 569 0
Current portion long-term debt 69 0
Liabilities of discontinued operations 90 497
Total current liabilities 2,902 931
Deferred income taxes 4,306 0
Long-term debt 759 0
Operating lease liabilities 2,685 65
Total liabilities 10,652 996
Commitments and contingencies (Note 10)
Redeemable non-controlling interest 13,880 0
Shareholders’ equity:    
Preferred stock, no par: 5,000 shares authorized; none issued 0 0
Common stock, 50,000 shares authorized, $0.01 par value, 12,674 shares issued and 6,696 outstanding at March 31, 2025; no par value, 12,657 shares issued and 7,289 shares outstanding at March 31, 2024 67 35,267
Treasury stock: 6,020 and 5,368 common shares, at cost, as of March 31, 2025 and March 31, 2024, respectively (82,423) (76,794)
Additional paid-in capital 41,645 0
Retained earnings 93,851 100,369
Total shareholders' equity 53,140 58,842
Total liabilities, redeemable non-controlling interest and shareholders' equity $ 77,672 $ 59,838