$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) |
FY 2018 (Mar 31, 2019) |
FY 2017 (Mar 31, 2018) |
FY 2016 (Mar 31, 2017) |
FY 2014 (Mar 31, 2015) |
FY 2013 (Mar 31, 2014) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $272.47M | $291.85M | $286.83M | $177.08M | $175.12M | $236.78M | $215.50M | $194.52M | $148.47M | $112.18M | $100.77M |
| Revenue Growth % | -6.6% | 1.7% | 62.0% | 1.1% | -26.0% | 9.9% | 10.8% | 31.0% | 32.3% | 11.3% | 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% | nan% | nan% | nan% | nan% | nan% |
| Operating Expenses | $280.56M | $289.94M | $285.57M | $168.32M | $184.30M | $229.49M | $206.17M | $190.27M | $151.57M | $108.76M | $98.14M |
| Research & Development | - | - | - | - | - | - | - | $195.65K | $1.04M | - | - |
| Operating Income | $-1.05M | $1.91M | $1.26M | $8.76M | $-9.18M | $7.29M | $9.33M | $4.25M | $-3.10M | $3.42M | $2.63M |
| Operating Margin % | -0.4% | 0.7% | 0.4% | 4.9% | -5.2% | 3.1% | 4.3% | 2.2% | -2.1% | 3.0% | 2.6% |
| Interest Expense | $13.23M | $8.44M | $6.92M | $4.95M | $4.62M | $4.69M | $3.43M | $1.72M | $298.15K | $19.00K | $6.00K |
| Other Income/Expense | $1.21M | $-209.00K | $8.00K | $1.22M | $2.74M | $-1.34M | $-261.00K | $-1.72M | $-571.65K | $-10.27K | $15.14K |
| Income Before Tax | $-2.95M | $-4.99M | $-3.96M | $13.40M | $-11.78M | $2.62M | $5.97M | $2.65M | $-4.22M | - | - |
| Income Tax Expense | $1.85M | $423.00K | $729.00K | $1.17M | $-3.39M | $-544.00K | $1.76M | $195.00K | $725.00K | $931.00K | $1.19M |
| Net Income | $-6.76M | $-6.14M | $-6.82M | $10.93M | $-7.28M | $7.66M | $1.34M | $2.28M | $-3.21M | $2.48M | $1.47M |
| Net Margin % | -2.5% | -2.1% | -2.4% | 6.2% | -4.2% | 3.2% | 0.6% | 1.2% | -2.2% | 2.2% | 1.5% |
| Basic EPS | -2.46 | -2.23 | -2.42 | 3.79 | -2.53 | 2.74 | 0.44 | 1.11 | -1.51 | 1.05 | 0.61 |
| Diluted EPS | -2.46 | -2.23 | -2.42 | 3.78 | -2.53 | 2.73 | 0.44 | 1.11 | -1.51 | 1.04 | 0.60 |
| Basic Shares Outstanding | 2.7M | 2.8M | 2.8M | 2.9M | 2.9M | 2.8M | 3.1M | 2.0M | 2.1M | 2.4M | 2.4M |
| Diluted Shares Outstanding | 2.7M | 2.8M | 2.8M | 2.9M | 2.9M | 2.8M | 3.1M | 2.0M | 2.1M | 2.4M | 2.4M |
| 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) |
FY 2018 (Mar 31, 2019) |
FY 2017 (Mar 31, 2018) |
FY 2016 (Mar 31, 2017) |
FY 2014 (Mar 31, 2015) |
FY 2013 (Mar 31, 2014) |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $5.93M | $7.10M | $5.62M | $11.00M | $5.95M | $12.42M | $4.80M | $2.76M | $14.17M | $3.76M |
| Short-term Investments | $422.00K | $531.00K | $859.00K | $1.41M | $1.68M | $1.76M | $290.45K | $2.13M | $5.28M | $1.46M |
| Accounts Receivable | $23.92M | $22.91M | $19.68M | $6.50M | $13.08M | $10.88M | $15.16M | $18.92M | $9.53M | $10.25M |
| Inventory | $38.52M | $60.72M | $75.17M | $71.97M | $60.62M | $27.45M | $34.23M | $19.78M | $7.79M | $12.24M |
| Other Current Assets | $4.50M | $3.48M | $10.11M | $4.07M | $5.28M | $6.14M | - | - | - | - |
| Total Current Assets | $78.51M | $102.88M | $128.24M | $105.77M | $98.49M | $71.35M | $61.67M | $48.86M | $38.67M | $31.15M |
| Property Plant & Equipment | $20.29M | $20.86M | $21.21M | $8.52M | $5.27M | $4.26M | $20.27M | $5.32M | $2.57M | $3.99M |
| Goodwill | $10.54M | $10.54M | $10.13M | $4.23M | $4.23M | $4.23M | $4.42M | $4.42M | - | - |
| Intangible Assets | $10.02M | $10.98M | $13.26M | $1.60M | $749.00K | $998.00K | $1.31M | $1.38M | - | - |
| Other Non-current Assets | $1.64M | $3.63M | $3.03M | $7.87M | $366.00K | $200.00K | $420.98K | $371.98K | $224.19K | $135.73K |
| Total Assets | $173.78M | $177.17M | $207.60M | $140.75M | $151.43M | $115.14M | $97.15M | $65.34M | $43.46M | $37.22M |
| Accounts Payable | $17.78M | $15.07M | $9.40M | $8.34M | $10.86M | $11.41M | $10.18M | $11.57M | $4.72M | $6.43M |
| Short-term Debt | - | - | - | - | - | - | $9.23M | $25.00K | - | - |
| Accrued Liabilities | $16.69M | $15.51M | - | - | - | - | $11.74M | $8.67M | $3.53M | $2.59M |
| Deferred Revenue | - | - | - | - | - | $1.52M | $590.00K | - | - | - |
| Total Current Liabilities | $47.66M | $46.84M | $30.91M | $28.18M | $67.75M | $52.79M | $31.18M | $20.27M | $8.25M | $9.02M |
| Long-term Debt | - | - | - | - | - | - | - | - | $5.00M | - |
| 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 | $597.00K | $785.80K | $3.04M | - | - |
| Total Liabilities | $168.24M | $158.37M | $171.12M | $119.44M | $120.34M | $86.31M | $70.91M | $41.73M | - | - |
| Common Stock | $758.00K | $758.00K | $756.00K | $756.00K | $756.00K | $506.00K | $510.90K | $510.70K | $593.13K | $588.76K |
| Retained Earnings | $2.13M | $8.19M | $26.73M | $16.27M | $23.77M | $21.19M | $20.70M | $18.46M | $24.41M | $21.92M |
| Treasury Stock | - | - | $3.00M | $2.62M | $2.62M | - | - | - | - | - |
| Total Stockholders Equity | $-3.22M | $4.77M | $24.61M | $13.72M | $24.01M | $24.36M | $25.12M | $22.97M | $29.80M | $27.36M |
| Total Liabilities & Equity | $173.78M | $177.17M | $207.60M | $140.75M | $151.43M | $115.14M | $97.15M | $65.34M | $43.46M | $37.22M |
| 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) |
FY 2018 (Mar 31, 2019) |
FY 2017 (Mar 31, 2018) |
FY 2016 (Mar 31, 2017) |
FY 2014 (Mar 31, 2015) |
FY 2013 (Mar 31, 2014) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $-6.76M | $-6.14M | $-6.82M | $10.93M | $-7.28M | $7.66M | $1.34M | $2.28M | $-3.21M | $2.48M | $1.47M |
| Depreciation & Amortization | $8.41M | $4.36M | $2.80M | $1.86M | $3.11M | $5.71M | $7.26M | $2.43M | - | $856.91K | $752.41K |
| Stock-based Compensation | - | - | - | - | - | - | - | - | - | $8.96K | $23.20K |
| Deferred Income Tax | - | - | - | - | - | - | $-1.16M | $-10.57K | $-659.00K | $-372.00K | $911.00K |
| Change in Working Capital | - | $-22.42M | $-18.26M | $40.48M | $2.49M | $28.74M | $-12.56M | - | - | - | - |
| Change in Receivables | $-2.79M | $1.81M | $-4.05M | $12.65M | $-6.07M | $2.24M | $1.86M | $-2.73M | $5.52M | $-640.94K | $-1.36M |
| Change in Inventory | $22.69M | $-20.63M | $-9.10M | $17.60M | $129.00K | $29.61M | $-9.57M | $6.76M | $7.85M | $-4.89M | $4.02M |
| Change in Payables | $3.86M | $2.71M | $4.62M | $1.05M | $-2.52M | $2.15M | $5.23M | $-1.69M | $4.15M | $-1.71M | $684.68K |
| Operating Cash Flow | $-28.48M | $23.50M | $17.18M | $-33.08M | $-1.82M | $-25.07M | $20.94M | $-277.84K | $-7.55M | $7.97M | $-554.61K |
| Capital Expenditure | $2.05M | $1.08M | $1.08M | $1.53M | $3.90M | $2.44M | $1.17M | $20.22M | $2.35M | $1.93M | $1.28M |
| Acquisitions | - | - | - | $12.80M | $536.00K | $500.00K | $3.38M | $2.40M | $4.57M | - | - |
| Purchases of Investments | - | - | - | - | $659.00K | $626.00K | $100.00K | $324.85K | - | $4.53M | $1.73M |
| Investing Cash Flow | $14.82M | $-20.19M | $-2.50M | $-33.39M | $2.52M | $8.61M | $-23.00M | $-26.42M | $-3.70M | $-2.59M | $-2.70M |
| Debt Repayment | - | $35.04M | $28.34M | $3.81M | $27.27M | $47.44M | $15.73M | $4.82M | - | - | - |
| Stock Repurchased | - | $1.45M | $876.00K | - | - | - | $744.17K | - | $7.92M | - | $1.08M |
| Dividends Paid | - | - | - | - | - | - | - | - | - | - | $733.88K |
| Financing Cash Flow | $57.28M | $-4.80M | $-13.91M | $59.25M | $71.00K | $19.24M | $9.55M | $28.74M | $8.69M | $5.02M | $-2.18M |
| Net Change in Cash | $42.91M | $-1.09M | $753.00K | $-7.56M | $356.00K | $3.03M | $7.57M | $1.42M | $-2.58M | $10.41M | $-5.44M |
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.