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STATEMENTS OF INCOME - USD ($)
12 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenue    
Product sales $ 29,218,063 $ 37,196,717
Contract research and development 586,116 1,056,875
Total revenue 29,804,179 38,253,592
Cost of sales 6,772,533 8,062,311
Gross profit 23,031,646 30,191,281
Expenses    
Research and development 2,731,434 2,583,994
Selling, general, and administrative 1,771,833 1,963,105
Credit loss expense 9,514 0
Total expenses 4,512,781 4,547,099
Income from operations 18,518,865 25,644,182
Interest income 1,948,720 1,448,655
Income before taxes 20,467,585 27,092,837
Provision for income taxes 3,342,886 4,398,379
Net income $ 17,124,699 $ 22,694,458
Net income per share - basic $ 3.54 $ 4.7
Net income per share - diluted 3.54 4.7
Cash dividends declared per common share $ 4 $ 4
Weighted average shares outstanding    
Weighted Average Number of Shares Outstanding, Basic 4,833,146 4,830,826
Weighted Average Number of Shares Outstanding, Diluted 4,839,705 4,832,096