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Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2024
Mar. 31, 2024
Current Assets:    
Cash and cash equivalents $ 33,525,409 $ 55,586,441
Accounts receivable, net 19,684,059 28,221,321
Inventories 51,838,785 45,563,334
Prepaid expenses 3,548,758 2,154,170
Total Current Assets 108,597,011 131,525,266
Equipment, net 57,860,444 58,082,040
Other Assets:    
Deposits 448,278 349,278
Intangible assets, net 109,438,115  
Goodwill 90,870,094 90,870,094
Right of use assets - operating leases 1,708,672 2,000,093
Deferred income tax asset 0 4,407,491
TOTAL ASSETS 368,922,614 403,039,335
Current Liabilities:    
Accounts payable 18,936,094 23,156,495
Accrued liabilities 9,060,954 7,065,444
Current portion of operating lease liability 505,656 479,651
Current portion of construction note payable 278,729 273,459
Insurance premium note payable 968,644  
Total Current Liabilities 29,750,077 30,975,049
Long-term Liabilities:    
Contingent consideration payable 40,269 59,838
Income tax payable 1,609,520 1,609,520
Construction note payable, net of unamortized issuance costs 10,656,325 10,735,241
Operating lease liability, net of current portion 1,294,746 1,609,836
Total Liabilities 43,350,937 44,989,484
Shareholders' Equity:    
Series A cumulative perpetual preferred stock 8.75%, ($25.00 per share, $0.001 par value) 1,400,000 shares issued and outstanding as of September 30, 2024 and March 31, 2024, respectively 1,400 1,400
Common stock, $0.001 par value, 200,000,000 shares authorized 120,990,137 and 120,531,507 shares issued and 116,203,091 and 119,181,067 outstanding at September 30, 2024 and March 31, 2024, respectively 116,203 119,181
Additional paid-in capital 432,687,734 430,525,824
Accumulated deficit (98,668,259) (69,923,398)
Treasury Stock (8,565,401) (2,673,156)
Total Shareholders’ Equity 325,571,677 358,049,851
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY 368,922,614 403,039,335
Patents [Member]    
Other Assets:    
Intangible assets, net 4,485,631 4,756,006
Other Intangible Assets [Member]    
Other Assets:    
Intangible assets, net $ 104,952,484 $ 111,049,067