XML 17 R4.htm IDEA: XBRL DOCUMENT v3.21.2
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 6 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
CONSOLIDATED STATEMENTS OF OPERATIONS        
Net sales $ 5,272,223 $ 6,457,295 $ 9,940,221 $ 9,398,063
Cost of goods sold 3,696,045 4,353,267 7,105,718 6,216,892
GROSS PROFIT 1,576,178 2,104,028 2,834,503 3,181,171
Selling, general and administrative expense 1,357,103 1,264,209 2,490,242 2,250,878
Research and development expense 97,070 91,750 198,126 225,668
Operating income 122,005 748,069 146,135 704,625
Other expense:        
Interest expense (14,309) (22,224) (23,798) (57,762)
NET INCOME $ 107,696 $ 725,845 $ 122,337 $ 646,863
Earnings per share:        
Basic per share $ 0.05 $ 0.31 $ 0.05 $ 0.28
Diluted per share $ 0.05 $ 0.31 $ 0.05 $ 0.28
Shares used in computing earnings per share:        
Weighted average basic shares outstanding 2,312,887 2,312,887 2,312,887 2,312,887
Weighted average diluted shares outstanding 2,312,887 2,312,887 2,312,887 2,312,887