v3.25.3
SEGMENT INFORMATION (Tables)
6 Months Ended
Sep. 30, 2025
SEGMENT INFORMATION  
Summary of financial information for segments

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Three months ended September 30, 2025

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Three months ended September 30, 2024

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Ranor

    

Stadco

    

Total

    

Ranor

    

Stadco

    

Total

Revenue

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$

4,373

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$

4,819

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$

9,192

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$

4,790

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$

4,223

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$

9,013

Intersegment elimination

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—

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(106)

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(106)

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—

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(67)

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(67)

Revenue, net

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$

4,373

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$

4,713

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$

9,086

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$

4,790

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$

4,156

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$

8,946

Cost of revenue

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2,165

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4,463

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6,628

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3,205

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4,727

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7,932

Selling, general, and administrative (1)(3)

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652

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758

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1,410

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654

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810

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1,464

Income (loss) from operations

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1,556

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(508)

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1,048

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931

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(1,381)

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(450)

Reconciliation of profit or loss:

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Unallocated items:

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Corporate general costs (2)

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(106)

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(38)

Costs related to terminated acquisition

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—

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—

Consolidated operating income (loss)

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942

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(488)

Other income (expense), net

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1

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—

Interest expense

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(118)

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(113)

Consolidated income (loss) before income taxes

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$

825

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$

(601)

Depreciation and amortization

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$

265

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$

438

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$

703

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$

257

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$

435

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$

692

Capital expenditures

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$

995

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$

—

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$

995

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$

1,421

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$

—

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$

1,421

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Six months ended September 30, 2025

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Six months ended September 30, 2024

​

    

Ranor

    

Stadco

    

Total

    

Ranor

    

Stadco

    

Total

Revenue

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$

8,670

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$

8,151

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$

16,821

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$

9,172

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$

7,827

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$

16,999

Intersegment elimination

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(55)

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(301)

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(356)

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—

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(67)

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(67)

Revenue, net

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$

8,615

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$

7,850

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$

16,465

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$

9,172

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$

7,760

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$

16,932

Cost of revenue

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4,914

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8,063

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12,977

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6,350

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9,329

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15,679

Selling, general, and administrative (1)(3)

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1,304

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1,493

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2,797

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1,108

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1,480

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2,588

Income (loss) from operations

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2,397

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(1,706)

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691

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1,714

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(3,049)

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(1,335)

Reconciliation of profit or loss:

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Unallocated items:

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Corporate general costs (2)

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(212)

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(75)

Costs related to terminated acquisition

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—

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(419)

Consolidated operating income (loss)

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479

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(1,829)

Other income (expense), net

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2

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13

Interest expense

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(253)

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(245)

Consolidated income (loss) before income taxes

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$

228

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$

(2,061)

Depreciation and amortization

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$

524

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$

880

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$

1,404

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$

523

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$

868

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$

1,391

Capital expenditures

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$

2,245

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$

—

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$

2,245

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$

1,622

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$

—

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$

1,622

(1)Corporate overhead costs such as executive and sales compensation, and other corporate facilities and administrative expenses are allocated equally to the segments.
(2)Corporate general costs include executive and director compensation, stock-based compensation expense, and other corporate administrative expenses not allocated to the segments.
(3)Prior period data is restated to reflect changes in corporate and administrative expenses allocated to the segments.