Note 8 - Leases

6 Months Ended

Sep. 30, 2025

Notes to Financial Statements

Lessee, Operating and Finance Leases [Text Block]

NOTE 8 – LEASES

We lease our office and manufacturing facility under a non-cancelable operating lease, which expires on June 30, 2028. The following is a maturity analysis of the annual undiscounted cash flows of the operating lease liabilities as of September 30, 2025:

	For the fiscal year ended:	Amount
FY 2026	March 31, 2026		$	53,436
FY 2027	March 31, 2027			106,872
FY 2028	March 31, 2028			106,872
FY 2029	March 31, 2029	ends June 30, 2029		26,718
				293,898
	Less: Amount attributable to imputed interest			(13,479	)
			$	280,419
	Weighted average remaining lease term (in years)			1.9
	Weighted average discount rate			5	%

Rent and real estate tax expense for all facilities for the three and six months ended September 30, 2025 was approximately $37,700 and 76,700, respectively.

Rent and real estate tax expense for all facilities for the three and six months ended September 30, 2024 was approximately $35,000 and $70,000, respectively.

These are reported as a component of cost of sales and selling, general and administrative expenses in the accompanying consolidated statements of operations.