SEGMENT INFORMATION (Tables)

3 Months Ended

Jun. 30, 2025

SEGMENT INFORMATION

Summary of financial information for segments

	June 30, 2025						June 30, 2024
	Ranor		Stadco		Total		Ranor		Stadco		Total
Revenue	$	4,297	$	3,332	$	7,629	$	4,382	$	3,604	$	7,986
Intersegment elimination		(55)		(195)		(250)		—		—		—
Revenue, net	$	4,242	$	3,137	$	7,379	$	4,382	$	3,604	$	7,986
Cost of revenue		2,749		3,600		6,349		3,145		4,602		7,747
Selling, general, and administrative (1)(3)		652		735		1,387		453		671		1,124
Income (loss) from operations		841		(1,198)		(357)		784		(1,669)		(885)
Reconciliation of profit or loss:
Unallocated items:
Corporate general costs (2)						(106)						(37)
Costs related to terminated acquisition						—						(419)
Consolidated operating loss						(463)						(1,341)
Other income (expense), net						1						13
Interest expense						(135)						(132)
Consolidated loss before income taxes					$	(597)					$	(1,460)
Depreciation and amortization	$	259	$	442	$	701	$	261	$	433	$	694
Capital expenditures	$	1,250		—	$	1,250	$	201		—	$	201

(1) Corporate overhead costs such as executive and sales compensation, and other corporate facilities and administrative expenses are allocated equally to the segments.

(2) Corporate general costs include executive and director compensation, stock-based compensation expense, and other corporate administrative expenses not allocated to the segments.

(3) Prior period data is restated to reflect changes in corporate and administrative expenses allocated to the segments.