SEGMENT INFORMATION (Tables)

6 Months Ended

Sep. 30, 2022

SEGMENT INFORMATION.

Summary of financial information for segments

	Three Months Ended				Six Months Ended
	September 30,				September 30,
	2022		2021		2022		2021
Ranor	$	4,933,653	$	3,538,784	$	9,659,584	$	6,951,013
Stadco		3,588,994		1,258,626		5,939,420		1,258,626
Net sales from external customers		8,522,647		4,797,410		15,599,004		8,209,639
Ranor		1,493,395		379,882		2,746,467		830,457
Stadco		(755,299)		41,004		(2,214,090)		41,004
Corporate and unallocated (1)		(825,519)		(663,868)		(1,177,809)		(1,014,383)
Total operating loss		(87,423)		(242,982)		(645,432)		(142,922)
ERTC refundable credits		624,045		—		624,045		—
PPP loan forgiveness		—		—		—		1,317,100
Other income		73,561		1,001		40,336		11,391
Interest expense		(83,730)		(56,894)		(167,375)		(86,772)
Consolidated income (loss) before income taxes	$	526,453	$	(298,875)	$	(148,426)	$	1,098,797
Depreciation and amortization:
Ranor					$	264,143	$	365,936
Stadco						852,459		149,868
Totals					$	1,116,602	$	515,804
Capital expenditures
Ranor					$	99,836	$	360,696
Stadco						399,505		2,290
Totals					$	499,341	$	362,986

Prior period segment data is revised to reflect the new reportable segments.

(1) Corporate general costs include executive and director compensation, and other corporate administrative expenses not allocated to the segments.