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Note N - Income Taxes
6 Months Ended
Sep. 30, 2020
Notes to Financial Statements  
Income Tax Disclosure [Text Block]
NOTE N — INCOME TAXES
 
For the
six
months ended
September 30, 2020
, the Company recorded an income tax benefit of
$340,484,
or
23.5%
of loss before income taxes, compared to a tax benefit of
$413,493,
or
23.5%
of loss before income taxes, for the
six
months ended
September 30, 2019
. For both
six
month periods, the effective tax rate differed from the federal statutory rate due primarily to the inclusion of state tax benefits in the provision.