v3.25.3
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Sep. 30, 2025
Mar. 31, 2025
Current assets:    
Cash $ 649,000 $ 257,000
Accounts receivable, net of allowance for credit losses of $9 as of September 30, 2025 and $16 as of March 31, 2025 2,354,000 1,953,000
Inventories 8,378,000 7,788,000
Prepaid expenses and other current assets 550,000 547,000
Total current assets 11,931,000 10,545,000
Property, Plant and Equipment, Net 8,353,000 8,927,000
Operating lease right-of-use assets, net 3,632,000 3,902,000
Other assets 111,000 116,000
Total assets 24,027,000 23,490,000
Current liabilities:    
Accounts payable 2,971,000 2,217,000
Accrued expenses 920,000 715,000
Customer deposits 67,000 110,000
Operating lease obligations, current portion 576,000 555,000
Short-term debt - bank 370,000 760,000
Total current liabilities 11,892,000 10,243,000
Long-term debt - related party 1,000,000 1,000,000
Long-term operating lease obligations 3,070,000 3,363,000
Total liabilities 15,962,000 14,606,000
Commitments and contingencies
Stockholders' equity    
Preferred stock of $0.01 par value, 10,000,000 shares authorized; no shares issued and outstanding 0 0
Common stock of $0.02 par value, 50,000,000 shares authorized; 7,392,243 shares at September 30, 2025 and 7,199,908 shares at March 31, 2025 issued and outstanding 148,000 144,000
Additional paid-in capital 34,946,000 34,844,000
Accumulated deficit (27,029,000) (26,104,000)
Total stockholders' equity 8,065,000 8,884,000
Total liabilities and stockholders' equity 24,027,000 23,490,000
Related Party [Member]    
Current liabilities:    
Line of credit - related party 4,200,000 3,000,000
Nonrelated Party [Member]    
Current liabilities:    
Current maturities of long-term debt $ 2,788,000 $ 2,886,000