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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2025
Mar. 31, 2025
Current assets:    
Cash and cash equivalents $ 143 $ 195
Accounts receivable, less allowances of $53 and $22, on June 30 and March 31, 2025 2,794 2,192
Contract assets 9,077 9,587
Raw materials 1,899 1,800
Work-in-process 1,320 1,082
Other current assets 405 490
Total current assets 15,638 15,346
Property, plant and equipment, net 12,296 13,791
Right of use asset, net 4,086 4,268
Other noncurrent assets 122 122
Total assets 32,142 33,527
Current liabilities:    
Accounts payable 2,615 2,437
Accrued expenses 3,688 3,685
Contract liabilities 1,962 1,040
Customer deposits 1,631 1,631
Current portion of long-term lease liability 776 770
Current portion of long-term debt, net 5,714 7,353
Total current liabilities 16,386 16,916
Long-term equipment financing   3
Long-term lease liability 3,443 3,638
Other noncurrent liability 4,101 4,230
Total liabilities 23,930 24,787
Commitments and contingent liabilities (see Note 14)
Stockholders' Equity:    
Common stock - par value $.0001 per share, 50,000,000 shares authorized: Shares issued and outstanding: June 30, 2025 - 9,777,536 and 9,767,536, respectively. Shares issued and outstanding: March 31, 2025 - 9,761,825 and 9,751,825, respectively. 1 1
Additional paid in capital 18,954 18,885
Accumulated deficit (10,743) (10,146)
Total stockholders' equity 8,212 8,740
Total liabilities and stockholders' equity $ 32,142 $ 33,527