Note E - Leases (Tables)

6 Months Ended

Sep. 30, 2021

Notes Tables

Lease, Cost [Table Text Block]

	Three Months Ended				Six Months Ended
	September 30,				September 30,
	2021		2020		2021		2020
Finance lease – amortization of ROU asset	$	25,610	$	25,121	$	51,097	$	50,121
Finance lease – interest on lease liability		1,613		2,102		3,349		4,325
Operating lease expense		14,634		14,634		29,268		27,018
	$	41,857	$	41,857	$	83,714	$	81,464

Schedule of Balance Sheet Information Related to Operating Leases [Table Text Block]

	September 30, 2021		March 31, 2021		Balance Sheet Classification
Assets
Operating lease right-of-use asset	$	137,967	$	4,850	Other assets
Finance lease right-of-use asset		468,914		481,880	Property, plant & equipment
Total right-of-use assets	$	606,881	$	486,730
Liabilities
Operating lease liability, current	$	50,477	$	4,850	Accrued expenses
Finance lease liability, current		103,684		102,689	Current portion of finance lease
Operating lease liability, non-current		87,490		—	Other non-current liabilities
Finance lease liability, non-current		213,466		265,557	Other non-current liabilities
Total lease liabilities	$	455,117	$	373,096

Operating and Finance Lease, Liability, Maturity [Table Text Block]

	Operating Leases			Finance Leases
Fiscal 2022 (remainder of fiscal year)		29,268			54,446
Fiscal 2023		58,536			108,888
Fiscal 2024		58,536			108,888
Fiscal 2025		4,878			54,445
Fiscal 2026		—			—
Total undiscounted lease payments	$	151,218		$	326,667
Less: imputed interest		(13,251	)		(9,517	)
Present value of lease liability	$	137,967		$	317,150