XML 13 R2.htm IDEA: XBRL DOCUMENT v3.24.4
BALANCE SHEETS (December 31, 2024 Unaudited) - USD ($)
Dec. 31, 2024
Mar. 31, 2024
Current assets    
Cash and cash equivalents $ 5,485,684 $ 10,283,550
Marketable securities, short-term (amortized cost of $14,993,163 as of December 31, 2024, and $12,283,630 as of March 31, 2024) 14,907,252 11,917,779
Accounts receivable, net of allowance for credit losses of $15,000 as of December 31 and March 31, 2024 1,355,064 3,144,833
Inventories 7,787,624 7,158,585
Prepaid expenses and other assets 736,481 689,349
Total current assets 30,272,105 33,194,096
Fixed assets    
Machinery and equipment 11,663,886 10,501,096
Leasehold improvements 1,956,309 1,956,309
Less accumulated depreciation 11,645,199 11,403,383
Net fixed assets 1,974,996 1,054,022
Deferred tax assets 1,689,207 1,453,704
Marketable securities, long-term (amortized cost of $29,996,231 as of December 31, 2024, and $31,417,890 as of March 31, 2024) 29,704,367 30,788,301
Right-of-use asset - operating lease 947,889 289,910
Total assets 64,588,564 66,780,033
Long-Lived Assets 13,620,195 12,457,405
Current liabilities    
Accounts payable 154,683 127,154
Accrued payroll and other 511,589 729,215
Operating lease liability 84,838 179,372
Total current liabilities 751,110 1,035,741
Long-term operating lease liability 864,966 175,775
Total liabilities 1,616,076 1,211,516
Shareholders' equity    
Common Stock, Value 48,372 48,337
Additional paid-in capital 19,806,845 19,554,812
Accumulated other comprehensive loss (295,358) (777,637)
Retained earnings 43,412,629 46,743,005
Total shareholders' equity 62,972,488 65,568,517
Total liabilities and shareholders' equity $ 64,588,564 $ 66,780,033