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Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Jun. 30, 2022
Jun. 30, 2021
OPERATING ACTIVITIES    
Net income $ 4,140,116 $ 3,579,566
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 87,621 140,427
Stock-based compensation 7,134 7,238
Deferred income taxes 1 (2,868)
Changes in operating assets and liabilities:    
Accounts receivable 1,191,613 (1,355,557)
Inventories (455,402) 230,751
Prepaid expenses and other assets (268,772) (235,406)
Accounts payable and other liabilities (1,371,168) 936,243
Net cash provided by operating activities 3,331,143 3,300,394
INVESTING ACTIVITIES    
Purchases of fixed assets (24,500) (25,679)
Purchases of marketable securities (4,976,063) 0
Proceeds from maturities of marketable securities 9,250,000 0
Receipt of tenant improvement allowance (100,000) 0
Net cash provided (used) by investing activities 4,349,437 (25,679)
FINANCING ACTIVITIES    
Payment of dividends to shareholders (4,830,826) (4,833,232)
Cash used in financing activities (4,830,826) (4,833,232)
Increase (decrease) in cash and cash equivalents 2,849,754 (1,558,517)
Cash and cash equivalents at beginning of period 10,449,510 10,427,340
Cash and cash equivalents at end of period 13,299,264 8,868,823
Supplemental disclosures of cash flow information:    
Cash paid during the period for income taxes $ 1,275,629 $ 0