Note 2 - Earnings Per Share

9 Months Ended

Dec. 31, 2023

Notes to Financial Statements

Earnings Per Share [Text Block]

NOTE 2 — EARNINGS PER SHARE

The following table sets forth the computation of basic and diluted earnings per share (in thousands, except per share amounts). Weighted average shares includes the impact of shares held in treasury.

	Three Months Ended December 31,						Nine Months Ended December 31,
	2023			2022			2023		2022
Numerator:
Net income (loss)	$	(421	)	$	(241	)	$	1,649	$	(1,471	)
Denominator:
Denominator for basic and diluted income (loss) per share — weighted average shares		21,042,652			21,042,652			21,042,652		21,042,652
Net income (loss) per share:
Basic and diluted income (loss) per share	$	(0.02	)	$	(0.01	)	$	0.08	$	(0.07	)