SEGMENT INFORMATION (Tables)

12 Months Ended

Mar. 31, 2026

SEGMENT INFORMATION

Summary of financial information for segments

	March 31, 2026						March 31, 2025
	Ranor		Stadco		Total		Ranor		Stadco		Total
Revenue	$	16,946	$	15,306	$	32,252	$	18,165	$	15,998	$	34,163
Intersegment elimination		(56)		(552)		(608)		—		(132)		(132)
Revenue, net		16,890		14,754		31,644		18,165		15,866		34,031
Cost of revenue		10,566		16,103		26,669		12,491		17,211		29,702
Selling, general, and administrative (1)		2,552		2,788		5,340		2,545		3,298		5,843
Profit (loss) from operations		3,772		(4,137)		(365)		3,129		(4,643)		(1,514)
Reconciliation of profit or loss:
Unallocated items:
Corporate general costs (2)						(702)						(225)
Costs related to terminated acquisition						—						(419)
Consolidated operating loss						(1,067)						(2,158)
Other expense, net						(81)						(51)
Interest expense						(485)						(541)
Consolidated loss before income taxes					$	(1,633)					$	(2,750)
Total assets	$	11,669	$	20,603	$	32,272	$	11,781	$	21,746	$	33,527
Property, plant and equipment, net		5,344		5,530		10,874		7,247		6,544		13,791
Depreciation and amortization		1,047		1,747		2,794		1,044		1,752		2,796
Gross capital expenditures (3)		3,265		—		3,265		4,052		70		4,122

(1) Corporate overhead costs such as executive and sales compensation, and other corporate facilities and administrative expenses are allocated equally to the segments.

(2) Corporate general costs include executive and director compensation, stock-based compensation expense, and other corporate administrative expenses not allocated to the segments.

(3) Certain expenditures are reimbursed under the programs described in Note 14 – Other noncurrent liability.