ACCRUED EXPENSES

3 Months Ended

Jun. 30, 2026

ACCRUED EXPENSES

ACCRUED EXPENSES

NOTE 10 - ACCRUED EXPENSES

Accrued expenses included the following as of:	June 30, 2026		March 31, 2026
Accrued compensation	$	1,394	$	1,449
Provision for claims		251		217
Provision for contract losses		535		357
Accrued professional fees		439		546
Accrued project costs		1,299		1,186
Other		104		113
Total	$	4,022	$	3,868

Accrued compensation includes amounts for executive bonuses, payroll and vacation and holiday pay. Provisions for estimated losses on uncompleted contracts are made in the period in which such losses are determined. Changes in the provision are recorded in cost of revenue. Accrued project costs are estimates for certain project expenses during the reporting period.