Note 15 - Summary of Quarterly Results of Operations (Unaudited)

12 Months Ended

Mar. 31, 2021

Notes to Financial Statements

Quarterly Financial Information [Text Block]

15.

   SUMMARY OF QUARTERLY RESULTS OF OPERATIONS (Unaudited)

The following is a summary of unaudited quarterly results of operations for the years ended 

March 31, 2021

and

2020

:

	Quarter Ended
	June 30,			September 30,			December 31,		March 31,
	2020			2020			2020		2021
Net sales	$	23,524,600		$	24,861,680		$	28,502,049	$	49,214,204
Gross profit		256,754			1,091,097			4,495,849		17,741,498
Net earnings (loss)		(858,862	)		(250,005	)		2,129,745		10,403,597
Basic		(0.12	)		(0.04	)		0.30		1.49
Diluted		(0.12	)		(0.04	)		0.30		1.49

	Quarter Ended
	June 30,		September 30,			December 31,			March 31,
	2019		2019			2019			2020
Net sales	$	40,975,320	$	39,995,580		$	28,150,817		$	32,980,607
Gross profit (loss)		1,471,324		(782,650	)		52,933			1,868,728
Net earnings (loss)		194,772		(1,544,137	)		(881,003	)		(3,018,842	)
Basic		0.03		(0.22	)		(0.13	)		(0.43	)
Diluted		0.03		(0.22	)		(0.13	)		(0.43	)