Changes in Shareholders' Equity (Tables)

6 Months Ended

Sep. 30, 2023

Equity [Abstract]

Schedule of Changes in Shareholders' Equity

Changes in Shareholders’ Equity for the six months ended September 30, 2023 is summarized below (in thousands):

	Common Stock		Additional Paid-In Capital		Retained Earnings
Beginning balance at March 31, 2023:	$	21	$	18,277	$	105,488
Share based compensation	—		1,760		—
Dividends declared	—		—		(6,346)
Net loss	—		—		(887)
Ending balance at June 30, 2023:	$	21	$	20,037	$	98,255
Share based compensation	—		1,729		—
Dividends declared	—		—		(6,309)
Net loss	—		—		(70)
Ending balance at September 30, 2023:	$	21	$	21,766	$	91,876

Changes in Shareholders’ Equity for the six months ended September 30, 2022 is summarized below (in thousands):

	Common Stock		Additional Paid-In Capital		Retained Earnings
Beginning balance at March 31, 2022:	$	21	$	11,660	$	130,496
Share based compensation	—		1,536		—
Dividends declared	—		—		(6,297)
Net income	—		—		2,775
Ending balance at June 30, 2022	$	21	$	13,196	$	126,974
Share based compensation	—		1,681		—
Dividends declared	—		—		(6,307)
Net income	—		—		2,579
Ending balance at September 30, 2022	$	21	$	14,877	$	123,246