$272.47M
Revenue
$-6.76M
Net Income
-262.21%
Gross Margin
-0.39%
Op. Margin
$-30.53M
Free Cash Flow
| Breakdown | TTM (Dec 31, 2025) |
FY 2024 (Mar 31, 2025) |
FY 2023 (Mar 31, 2024) |
FY 2021 (Mar 31, 2022) |
FY 2020 (Mar 31, 2021) |
FY 2019 (Mar 31, 2020) |
|---|---|---|---|---|---|---|
| Total Revenue | $272.47M | $291.85M | $286.83M | $177.08M | $175.12M | $236.78M |
| Revenue Growth % | -6.6% | 1.7% | 62.0% | 1.1% | -26.0% | nan% |
| Cost of Revenue | $986.91M | $682.80M | $230.46M | $135.98M | $140.34M | $184.05M |
| Gross Profit | $-714.44M | $-390.95M | $56.37M | $41.10M | $34.78M | $52.73M |
| Gross Margin % | -262.2% | -134.0% | 19.7% | 23.2% | 19.9% | 22.3% |
| Operating Expenses | $280.56M | $289.94M | $285.57M | $168.32M | $184.30M | $229.49M |
| Operating Income | $-1.05M | $1.91M | $1.26M | $8.76M | $-9.18M | $7.29M |
| Operating Margin % | -0.4% | 0.7% | 0.4% | 4.9% | -5.2% | 3.1% |
| Interest Expense | $13.23M | $8.44M | $6.92M | $4.95M | $4.62M | $4.69M |
| Other Income/Expense | $1.21M | $-209.00K | $8.00K | $1.22M | $2.74M | $-1.34M |
| Income Before Tax | $-2.95M | $-4.99M | $-3.96M | $13.40M | $-11.78M | $2.62M |
| Income Tax Expense | $1.85M | $423.00K | $729.00K | $1.17M | $-3.39M | $-544.00K |
| Net Income | $-6.76M | $-6.14M | $-6.82M | $10.93M | $-7.28M | $7.66M |
| Net Margin % | -2.5% | -2.1% | -2.4% | 6.2% | -4.2% | 3.2% |
| Basic EPS | -2.46 | -2.23 | -2.42 | 3.79 | -2.53 | 2.74 |
| Diluted EPS | -2.46 | -2.23 | -2.42 | 3.78 | -2.53 | 2.73 |
| Basic Shares Outstanding | 2.7M | 2.8M | 2.8M | 2.9M | 2.9M | 2.8M |
| Diluted Shares Outstanding | 2.7M | 2.8M | 2.8M | 2.9M | 2.9M | 2.8M |
| Breakdown | FY 2024 (Mar 31, 2025) |
FY 2023 (Mar 31, 2024) |
FY 2021 (Mar 31, 2022) |
FY 2020 (Mar 31, 2021) |
FY 2019 (Mar 31, 2020) |
|---|---|---|---|---|---|
| Cash & Cash Equivalents | $5.93M | $7.10M | $5.62M | $11.00M | $5.95M |
| Short-term Investments | $422.00K | $531.00K | $859.00K | $1.41M | $1.68M |
| Accounts Receivable | $23.92M | $22.91M | $19.68M | $6.50M | $13.08M |
| Inventory | $38.52M | $60.72M | $75.17M | $71.97M | $60.62M |
| Other Current Assets | $4.50M | $3.48M | $10.11M | $4.07M | $5.28M |
| Total Current Assets | $78.51M | $102.88M | $128.24M | $105.77M | $98.49M |
| Property Plant & Equipment | $20.29M | $20.86M | $21.21M | $8.52M | $5.27M |
| Goodwill | $10.54M | $10.54M | $10.13M | $4.23M | $4.23M |
| Intangible Assets | $10.02M | $10.98M | $13.26M | $1.60M | $749.00K |
| Other Non-current Assets | $1.64M | $3.63M | $3.03M | $7.87M | $366.00K |
| Total Assets | $173.78M | $177.17M | $207.60M | $140.75M | $151.43M |
| Accounts Payable | $17.78M | $15.07M | $9.40M | $8.34M | $10.86M |
| Accrued Liabilities | $16.69M | $15.51M | - | - | - |
| Total Current Liabilities | $47.66M | $46.84M | $30.91M | $28.18M | $67.75M |
| Deferred Tax Liabilities | $2.25M | $2.45M | $2.81M | $595.00K | $579.00K |
| Other Non-current Liabilities | $866.00K | - | $1.34M | $1.73M | $1.40M |
| Total Liabilities | $168.24M | $158.37M | $171.12M | $119.44M | $120.34M |
| Common Stock | $758.00K | $758.00K | $756.00K | $756.00K | $756.00K |
| Retained Earnings | $2.13M | $8.19M | $26.73M | $16.27M | $23.77M |
| Treasury Stock | - | - | $3.00M | $2.62M | $2.62M |
| Total Stockholders Equity | $-3.22M | $4.77M | $24.61M | $13.72M | $24.01M |
| Total Liabilities & Equity | $173.78M | $177.17M | $207.60M | $140.75M | $151.43M |
| Breakdown | TTM (Dec 31, 2025) |
FY 2024 (Mar 31, 2025) |
FY 2023 (Mar 31, 2024) |
FY 2021 (Mar 31, 2022) |
FY 2020 (Mar 31, 2021) |
FY 2019 (Mar 31, 2020) |
|---|---|---|---|---|---|---|
| Net Income | $-6.76M | $-6.14M | $-6.82M | $10.93M | $-7.28M | $7.66M |
| Depreciation & Amortization | $8.41M | $4.36M | $2.80M | $1.86M | $3.11M | $5.71M |
| Change in Working Capital | - | $-22.42M | $-18.26M | $40.48M | $2.49M | $28.74M |
| Change in Receivables | $-2.79M | $1.81M | $-4.05M | $12.65M | $-6.07M | $2.24M |
| Change in Inventory | $22.69M | $-20.63M | $-9.10M | $17.60M | $129.00K | $29.61M |
| Change in Payables | $3.86M | $2.71M | $4.62M | $1.05M | $-2.52M | $2.15M |
| Operating Cash Flow | $-28.48M | $23.50M | $17.18M | $-33.08M | $-1.82M | $-25.07M |
| Capital Expenditure | $2.05M | $1.08M | $1.08M | $1.53M | $3.90M | $2.44M |
| Acquisitions | - | - | - | $12.80M | $536.00K | $500.00K |
| Purchases of Investments | - | - | - | - | $659.00K | $626.00K |
| Investing Cash Flow | $14.82M | $-20.19M | $-2.50M | $-33.39M | $2.52M | $8.61M |
| Debt Repayment | - | $35.04M | $28.34M | $3.81M | $27.27M | $47.44M |
| Stock Repurchased | - | $1.45M | $876.00K | - | - | - |
| Financing Cash Flow | $57.28M | $-4.80M | $-13.91M | $59.25M | $71.00K | $19.24M |
| Net Change in Cash | $42.91M | $-1.09M | $753.00K | $-7.56M | $356.00K | $3.03M |
SEC Filing Format - Data shown as it appears in the Q3 2026 (10-Q) filing
Period ended: Dec 31, 2025
Condensed Consolidated Statements of Operations
| Description | Dec 31, 2025 | Dec 31, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Total Revenue | $71.13M | - | $206.15M | - |
| Operating Expenses | $74.91M | - | $210.61M | - |
| Operating Income | $-3.78M | - | $2.57M | - |
| Interest Expense | $2.38M | - | $6.90M | - |
| Other Income/Expense | $47.00K | - | $525.00K | - |
| Income Before Tax | $-1.88M | - | $4.55M | - |
| Income Tax Expense | $121.00K | - | $2.19M | - |
| Net Income | $-2.45M | - | $268.00K | - |
| Basic EPS | -0.91 | - | 0.10 | - |
| Diluted EPS | -0.91 | - | 0.10 | - |
Condensed Consolidated Balance Sheets
| Description | Dec 31, 2025 | Mar 31, 2025 |
|---|---|---|
| Cash & Cash Equivalents | $37.37M | $5.93M |
| Short-term Investments | $595.00K | $422.00K |
| Accounts Receivable | $43.18M | $23.92M |
| Inventory | $65.41M | $38.52M |
| Other Current Assets | $5.46M | $4.68M |
| Total Current Assets | $161.06M | $78.51M |
| Property Plant & Equipment | $136.36M | $20.29M |
| Goodwill | $11.90M | $10.54M |
| Intangible Assets | $13.89M | $10.02M |
| Other Non-current Assets | $5.38M | $1.64M |
| Total Assets | $381.76M | $173.78M |
| Accounts Payable | $16.00M | $17.78M |
| Accrued Liabilities | $46.52M | $16.69M |
| Total Current Liabilities | $167.68M | $47.66M |
| Long-term Debt | $194.23M | $110.33M |
| Deferred Tax Liabilities | $2.25M | $2.25M |
| Other Non-current Liabilities | $2.12M | $866.00K |
| Total Liabilities | $375.87M | $168.24M |
| Common Stock | $758.00K | $758.00K |
| Retained Earnings | $2.40M | $2.13M |
| Total Stockholders Equity | $-1.17M | $-3.22M |
| Total Liabilities & Equity | $381.76M | $173.78M |
Condensed Consolidated Statements of Cash Flows
| Description | Dec 31, 2025 | Dec 31, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-2.45M | - | $268.00K | - |
| Depreciation & Amortization | $1.58M | - | $3.70M | - |
| Change in Receivables | - | - | $2.09M | - |
| Change in Inventory | - | - | $12.62M | - |
| Change in Payables | - | - | $-1.80M | - |
| Operating Cash Flow | - | - | $-25.00M | - |
| Capital Expenditure | - | - | $1.23M | - |
| Acquisitions | - | - | $6.37M | - |
| Investing Cash Flow | - | - | $6.99M | - |
| Financing Cash Flow | - | - | $53.75M | - |
| Net Change in Cash | - | - | $35.42M | - |
All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-K filings.
Annual data represents full fiscal year results. FY = Fiscal Year ending.