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Note 9 - Income Taxes - Reconciliation of Income Tax Rate (Details)
12 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Computed (expected tax rate) 21.00% 21.00%
State income taxes (net of federal tax benefit) 3.70% 3.10%
Federal credits (0.80%) (0.30%)
Reduction to uncertain tax positions 0.00% (0.10%)
Permanent differences 0.10% 0.00%
State credit expiration 0.90% 0.00%
Change in valuation allowance (1.10%) 0.20%
Federal return to accrual (0.90%) 0.00%
Federal net operating loss (NOL) carryback rate difference 0.00% (2.80%)
Interest received on federal NOL carryback (0.30%) (0.20%)
Other 0.40% 0.30%
Effective income tax rate 23.00% 21.20%