Long-term debt included the following as of:

September 30, 2022

March 31, 2022

Stadco Term Loan, at 3.79% interest, due August 2028

$

3,449,165

$

3,705,792

Ranor Term Loan, at 5.21% interest, due December 2022

2,309,901

2,363,126

Ranor Revolver Loan due December 2022

275,000

1,287,002

Total debt

$

6,034,066

$

7,355,920

Less: debt issue costs unamortized

$

140,020

$

147,905

Total debt, net

$

5,894,046

$

7,208,015

Less: Current portion of long-term debt

$

3,030,238

$

4,093,079

Total long-term debt, net

$

2,863,808

$

3,114,936