Segment Information (Tables)

9 Months Ended

Dec. 31, 2024

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment [Table Text Block]

The tables below present information about reportable segments within the avionics business for the three and nine months ended December 31, 2024, and 2023:

Three Months Ended December 31, 2024	Avionics Government		Avionics Commercial		Avionics Total			Corporate Items			Total
Net sales	$	2,236,189	$	735,948	$	2,972,137		$	-		$	2,972,137
Cost of sales		1,760,802		576,934		2,337,736			-			2,337,736
Gross margin		475,387		159,014		634,401			-			634,401
Total expenses						880,416			356,440			1,236,856
Loss before income taxes					$	(246,015	)	$	(356,440	)	$	(602,455	)

Three Months Ended December 31, 2023	Avionics Government		Avionics Commercial		Avionics Total		Corporate Items			Total
Net sales	$	2,025,707	$	377,392	$	2,403,099	$	-		$	2,403,099
Cost of sales		1,099,256		335,725		1,434,981		-			1,434,981
Gross margin		926,451		41,667		968,118		-			968,118
Total expenses						469,649		274,296			743,945
Income (loss) before income taxes					$	498,469	$	(274,296	)	$	224,173

Nine Months Ended December 31, 2024	Avionics Government		Avionics Commercial		Avionics Total			Corporate Items			Total
Net sales	$	5,827,518	$	1,764,137	$	7,591,655		$	-		$	7,591,655
Cost of sales		4,590,179		1,414,233		6,004,412			-			6,004,412
Gross margin		1,237,339		349,904		1,587,243			-			1,587,243
Total expenses						2,065,274			1,102,077			3,167,351
Loss before income taxes					$	(478,031	)	$	(1,102,077	)	$	(1,580,108	)

Nine Months Ended December 31, 2023	Avionics Government		Avionics Commercial		Avionics Total		Corporate Items			Total
Net sales	$	5,111,945	$	1,723,178	$	6,835,123	$	-		$	6,835,123
Cost of sales		2,858,652		1,354,319		4,212,971		-			4,212,971
Gross margin		2,253,293		368,859		2,622,152		-			2,622,152
Total expenses						1,461,598		1,168,943			2,630,541
Income (loss) before income taxes					$	1,160,554	$	(1,168,943	)	$	(8,389	)