XML 35 R25.htm IDEA: XBRL DOCUMENT v3.22.2.2
Note E - Leases (Tables)
3 Months Ended
Jun. 30, 2022
Notes Tables  
Lease, Cost [Table Text Block]
   

Three Months Ended

 
   

June 30,

 
   

2022

   

2021

 

Finance lease – amortization of ROU asset

  $ 25,983     $ 25,487  

Finance lease – interest on lease liability

    1,240       1,736  

Operating lease expense

    27,188       14,634  
    $ 54,411     $ 41,857  
Schedule of Balance Sheet Information Related to Operating Leases [Table Text Block]
   

June 30, 2022

   

March 31, 2022

 

Balance Sheet Classification

Assets

                 

Operating lease right-of-use asset

  $ 1,330,241     $ 113,168  

Operating lease right-of-use asset

Finance lease right-of-use asset

    449,465       455,948  

Property, plant & equipment

Total right-of-use assets

  $ 1,779,706     $ 569,116    

Liabilities

                 

Operating lease liability, current

  $ 98,289     $ 52,270  

Accrued expenses

Finance lease liability, current

    105,195       104,689  

Current portion of finance lease

Operating lease liability, non-current

    1,244,409       60,898  

Other non-current liabilities

Finance lease liability, non-current

    134,380       160,869  

Other non-current liabilities

Total lease liabilities

  $ 1,582,273     $ 378,726    
Operating and Finance Lease, Liability, Maturity [Table Text Block]
   

Operating Leases

   

Finance Leases

 

Fiscal 2023 (remainder of fiscal year)

    100,397       81,669  

Fiscal 2024

    133,863       108,892  

Fiscal 2025

    80,205       54,446  

Fiscal 2026

    75,327        

Fiscal 2027 and beyond

    1,311,941        

Total undiscounted lease payments

  $ 1,701,733     $ 245,007  

Less: imputed interest

    (359,035 )     (5,432 )

Present value of lease liability

  $ 1,342,698     $ 239,575