REVENUE (Tables)
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9 Months Ended |
Dec. 31, 2025 |
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| REVENUE |
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| Schedule of revenue on a disaggregated basis by market and contract type |
| | | | | | | | | | Revenue by market | | Defense | | Industrial | | Totals | Three months ended December 31, 2025 | | $ | 6,684 | | $ | 410 | | $ | 7,094 | Three months ended December 31, 2024 | | $ | 7,440 | | $ | 182 | | $ | 7,622 | Nine months ended December 31, 2025 | | $ | 23,138 | | $ | 421 | | $ | 23,559 | Nine months ended December 31, 2024 | | $ | 24,324 | | $ | 230 | | $ | 24,554 |
| | | | | | | | | | Revenue by contract type | | Over-time | | Point-in-time | | Totals | Three months ended December 31, 2025 | | $ | 6,422 | | $ | 672 | | $ | 7,094 | Three months ended December 31, 2024 | | $ | 7,297 | | $ | 325 | | $ | 7,622 | Nine months ended December 31, 2025 | | $ | 21,766 | | $ | 1,793 | | $ | 23,559 | Nine months ended December 31, 2024 | | $ | 23,158 | | $ | 1,396 | | $ | 24,554 |
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| Schedule of total revenue generated by the individual customers |
| | | | | | | | | | | | | | | | | | | | | | | | Three months ended | | Three months ended | | Nine months ended | | Nine months ended | | | | December 31, 2025 | | December 31, 2024 | | December 31, 2025 | | December 31, 2024 | | Segment | | Amount | | Percent | | Amount | | Percent | | Amount | | Percent | | Amount | | Percent | | Ranor | | $ | 2,853 | | 40 | % | $ | 3,857 | | 51 | % | $ | 5,933 | | 25 | % | $ | 12,138 | | 50 | % | Stadco | | $ | 1,745 | | 25 | % | $ | 2,437 | | 32 | % | $ | 6,525 | | 28 | % | $ | 7,913 | | 32 | % |
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| Schedule of contract assets and contract liabilities |
| | | | | | | | | | | | | | | Progress | | | | Contract assets | | Unbilled | | Payments | | Total | December 31, 2025 | | $ | 25,779 | | $ | (14,359) | | $ | 11,420 | March 31, 2025 | | $ | 26,059 | | $ | (16,472) | | $ | 9,587 |
| | | | | | | | | | | | | | | Opening | | | | Obligations | | Closing | Contract liabilities | | Balance | | Billed | | Satisfied | | Balance | December 31, 2025 | | $ | 1,040 | | $ | 19,552 | | $ | (17,446) | | $ | 3,146 | March 31, 2025 | | $ | 2,104 | | $ | 18,720 | | $ | (19,784) | | $ | 1,040 |
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| Sales |
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| REVENUE |
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| Schedule of revenue from customers who accounted for more than 10% |
| | | | | | | | | | | | | | | | | | | | | | | | Three months ended | | Three months ended | | Nine months ended | | Nine months ended | | | | December 31, 2025 | | December 31, 2024 | | December 31, 2025 | | December 31, 2024 | | Customer | | Amount | | Percent | | Amount | | Percent | | Amount | | Percent | | Amount | | Percent | | A | | $ | * | | * | % | $ | 1,109 | | 15 | % | $ | 2,319 | | 10 | % | $ | 4,465 | | 18 | % | B | | $ | 993 | | 14 | % | $ | 794 | | 10 | % | $ | * | | * | % | $ | 2,684 | | 11 | % | C | | $ | 796 | | 11 | % | $ | 1,107 | | 15 | % | $ | 3,574 | | 15 | % | $ | 3,388 | | 14 | % | D | | $ | 830 | | 12 | % | $ | * | | * | % | $ | 2,500 | | 11 | % | $ | * | | * | % | E | | $ | 915 | | 13 | % | $ | 1,611 | | 21 | % | $ | 4,065 | | 17 | % | $ | 4,849 | | 20 | % | F | | $ | * | | * | % | $ | 1,673 | | 22 | % | $ | * | | * | % | $ | 4,665 | | 19 | % | G | | $ | 1,064 | | 15 | % | $ | * | | * | % | $ | * | | * | % | $ | * | | * | % |
*Less than 10% of total
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