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Customize Items
$28.00M
Revenue
$-920.32K
Net Income
20.17%
Gross Margin
-4.94%
Op. Margin
$-2.33M
Free Cash Flow
Financial Statements Annual (10-K)
Showing 5 of 10 annual reports available (2011 - 2024)
Breakdown TTM
(Dec 31, 2025)
FY 2024
(Mar 31, 2025)
FY 2023
(Mar 31, 2024)
FY 2022
(Mar 31, 2023)
FY 2019
(Mar 31, 2020)
FY 2016
(Mar 31, 2017)
+ Total Revenue $28.00M $28.78M $21.52M $19.14M $32.15M $20.13M
Revenue Growth % -2.7% 33.7% 12.5% -40.5% 59.8% nan%
Cost of Revenue $22.35M $21.31M $18.26M $18.40M $21.91M $13.10M
+ Gross Profit $5.65M $7.47M $3.27M $741.02K $10.25M $7.03M
Gross Margin % 20.2% 26.0% 15.2% 3.9% 31.9% 34.9%
Operating Expenses $29.39M $28.21M $25.29M $24.95M $28.87M $17.35M
Selling General & Admin $6.28M $6.15M $6.16M $5.52M $6.01M $3.75M
+ Operating Income $-1.38M $574.86K $-3.76M $-5.81M $3.29M $2.78M
Operating Margin % -4.9% 2.0% -17.5% -30.4% 10.2% 13.8%
Interest Expense - - $216.00 - $71.59K $53.09K
Other Income/Expense $465.15K $425.29K $126.69K $116.27K $26.72K $1.23K
Income Before Tax $-919.20K $1.00M $-3.63M $-5.70M $3.24M $2.78M
Income Tax Expense - $1.11K $-717.29K $806.38K $683.69K $1.31M
+ Net Income $-920.32K $999.04K $-2.92M $-6.50M $2.56M $1.47M
Net Margin % -3.3% 3.5% -13.6% -34.0% 8.0% 7.3%
Basic EPS -0.37 0.42 -1.23 -2.74 1.09 nan
Diluted EPS -0.38 0.41 -1.23 -2.74 1.04 nan
Basic Shares Outstanding 2.4M 2.4M 2K 2.4M 2.3M -
Diluted Shares Outstanding 2.4M 2.4M 2K 2.4M 2.5M -
Breakdown FY 2024
(Mar 31, 2025)
FY 2023
(Mar 31, 2024)
FY 2022
(Mar 31, 2023)
FY 2019
(Mar 31, 2020)
FY 2016
(Mar 31, 2017)
Cash & Cash Equivalents $10.54M $6.14M $8.34M $7.76M $1.21M
Accounts Receivable $3.21M $3.91M $2.99M $5.36M $3.11M
Inventory $7.27M $8.73M $9.45M $12.62M $8.69M
Other Current Assets $201.16K $187.98K $96.78K $175.87K $1.31M
Total Current Assets $22.03M $21.17M $22.60M $25.92M $14.50M
Property Plant & Equipment $3.13M $3.34M $3.87M $2.57M $2.02M
Other Non-current Assets - - - - $54.45K
Total Assets $27.20M $26.91M $29.20M $28.92M $16.58M
Accounts Payable $876.73K $781.08K $1.05M $484.48K $235.19K
Deferred Revenue - - - $245.96K -
Other Current Liabilities $801.25K $861.21K $902.15K $668.46K $688.02K
Total Current Liabilities $2.25M $2.88M $2.29M $2.41M $1.52M
Total Liabilities $4.09M $5.11M $4.88M $2.41M $1.52M
Common Stock $23.88K $23.80K $23.70K $23.70K $23.04K
Retained Earnings $14.81M $13.81M $16.73M $21.00M $12.29M
Total Stockholders Equity $23.11M $21.80M $24.32M $26.51M $15.05M
Total Liabilities & Equity $27.20M $26.91M $29.20M $28.92M $16.58M
Breakdown TTM
(Dec 31, 2025)
FY 2024
(Mar 31, 2025)
FY 2023
(Mar 31, 2024)
FY 2022
(Mar 31, 2023)
FY 2019
(Mar 31, 2020)
FY 2016
(Mar 31, 2017)
Net Income $-920.32K $999.04K $-2.92M $-6.50M $2.56M $1.47M
Depreciation & Amortization $757.22K $744.80K $871.62K $1.03M $955.12K $443.43K
Stock-based Compensation $530.40K $266.60K $343.30K - $1.42M -
Change in Receivables $2.01M $-697.16K $927.79K $-53.53K $1.53M $895.16K
Change in Inventory $226.99K $-1.53M $-374.37K $-59.99K $853.86K $1.44M
Change in Payables $504.28K $95.65K $-273.00K $245.45K $4.46K $39.36K
Operating Cash Flow $-1.44M $4.88M $-1.91M $-3.79M $1.68M -
Capital Expenditure $888.33K $532.36K $347.17K $545.51K $969.40K $595.39K
Investing Cash Flow $-888.33K $-532.36K $-347.17K $-545.51K $-969.40K -
Financing Cash Flow - $48.75K $56.55K - $-34.08K -
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 $7.50M - $20.88M -
Cost of Revenue $6.48M - $17.12M -
Operating Expenses $8.22M - $22.47M -
Selling General & Admin $1.55M - $4.78M -
Operating Income $-723.44K - $-1.58M -
Interest Expense - - $917.00 -
Other Income/Expense $63.16K - $241.37K -
Income Before Tax $-660.29K - $-1.34M -
Net Income $-660.29K $246.44K $-1.34M -
Basic EPS -0.27 - -0.55 -
Diluted EPS -0.27 - -0.55 -
Condensed Consolidated Balance Sheets
Description Dec 31, 2025 Mar 31, 2025
Cash & Cash Equivalents $9.04M $10.54M
Accounts Receivable $4.15M $3.21M
Inventory $7.23M $7.27M
Other Current Assets $354.32K $201.16K
Total Current Assets $21.20M $22.03M
Property Plant & Equipment $3.05M $3.13M
Total Assets $26.00M $27.20M
Accounts Payable $980.63K $876.73K
Other Current Liabilities $616.84K $801.25K
Total Current Liabilities $2.30M $2.25M
Total Liabilities $3.81M $4.09M
Common Stock $24.31K $23.88K
Retained Earnings $13.47M $14.81M
Total Stockholders Equity $22.19M $23.11M
Total Liabilities & Equity $26.00M $27.20M
Condensed Consolidated Statements of Cash Flows
Description Dec 31, 2025 Dec 31, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $-660.29K $246.44K $-1.34M -
Depreciation & Amortization $193.14K - $570.10K -
Stock-based Compensation - - $265.20K -
Change in Receivables - - $934.31K -
Change in Inventory - - $160.62K -
Change in Payables - - $103.90K -
Operating Cash Flow - - $-1.41M -
Capital Expenditure - - $487.36K -
Investing Cash Flow - - $-487.36K -
Financing Cash Flow - - $402.42K -

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.

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