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Note 10 - License Agreements
12 Months Ended
Mar. 31, 2026
Notes to Financial Statements  
Licensing Agreements [Text Block]

NOTE 10 LICENSE AGREEMENTS:

 

During fiscal 2026 and 2025, the Company was party to two license agreements. These agreements allow the licensee to access the Company’s trademarks for the manufacture and/or the sale of consumer electronics and other products. The license agreements (i) allow the licensee to use the Company’s trademarks for a specific product category, or for sales within specific geographic areas, or for sales to a specific customer base, or any combination of the above, or any other category that might be defined in the applicable license agreement and (ii)  may be subject to renewal at the initial expiration of the applicable license agreement and are governed by the laws of the United States. The Company recorded licensing revenues of approximately $386,000 in fiscal 2026 and $336,000 in fiscal 2025 under the license agreements.