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Note E - Cash and Cash Equivalents
9 Months Ended
Dec. 29, 2024
Notes to Financial Statements  
Cash and Cash Equivalents Disclosure [Text Block]

NOTE E – CASH AND CASH EQUIVALENTS

 

The Company considers money market funds or short term investments purchased with an original maturity of three months or less to be cash equivalents. Cash equivalents at December 29, 2024 were $16,000. The Company did not have any cash equivalents at March 31, 2024. The Company’s cash balances principally consist of cash in bank and money market accounts.

 

At December 29, 2024 and March 31, 2024, substantially all of the Company’s cash balances are in excess of insurance limits of the Federal Deposit Insurance Corporation, or the FDIC. The Company has not experienced any losses in such accounts.