Long-term debt included the following as of:

June 30, 2023

March 31, 2023

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

$

3,053,758

$

3,186,495

Ranor Term Loan, at 6.05% interest, due December 2027

2,261,835

2,276,518

Ranor Revolver Loan, at 7.31% interest, due December 2023

2,280,000

650,000

Total debt

$

7,595,593

$

6,113,013

Less: debt issue costs unamortized

$

126,951

$

145,712

Total debt, net

$

7,468,642

$

5,967,301

Less: Current portion of long-term debt

$

2,865,387

$

1,218,162

Total long-term debt, net

$

4,603,255

$

4,749,139