XML 41 R30.htm IDEA: XBRL DOCUMENT v3.25.0.1

Note 2 - Acquisition (Tables)

9 Months Ended

Dec. 31, 2024

Notes Tables

Schedule of Business Acquisitions, by Acquisition [Table Text Block]

Cash payments	$30.0
Issuance of 1,297,600 shares of Company’s Common Stock	$31.4

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

Cash and cash equivalents		$	0.4
Equity-method investments			1.2
Prepaid expenses and other current assets			1.7
Accounts receivable			16.1
Inventory			23.1
Property, plant, and equipment			28.4
Accounts payable and accrued expenses			(5.6	)
Deferred revenue			(5.0	)
Deferred tax liability			(6.4	)
Net tangible assets/(liabilities)			53.9
Backlog			0.7
Customer relationships			1.3
Net identifiable intangible assets			2.0
Goodwill			5.5
Total purchase consideration		$	61.4

Business Acquisition, Pro Forma Information [Table Text Block]

		Three Months Ended December 31,								Nine Months Ended December 31,
		2024				2023				2024				2023
Net Revenue		$	61,403			$	58,874			$	179,435			$	158,789
Operating income (loss)			1,577				116				(502	)			(7,077	)
Net income (loss)		$	2,728			$	668			$	1,922			$	35
Net income (loss) per common share
Basic		$	0.07			$	0.02			$	0.05			$	-
Diluted		$	0.07			$	0.02			$	0.05			$	-
Shares - basic			37,661				30,390				37,347				30,026
Shares - diluted			38,463				30,726				38,037				30,405

X

- Definition

Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (h)(2)
-SubTopic 10
-Topic 805
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479328/805-10-50-2

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (h)(3)
-SubTopic 10
-Topic 805
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479328/805-10-50-2

+ Details

Name:	us-gaap_BusinessAcquisitionProFormaInformationTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of a material business combination completed during the period, including background, timing, and recognized assets and liabilities. This table does not include leveraged buyouts.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 3
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479328/805-10-50-3

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479328/805-10-50-2

+ Details

Name:	us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 805
-SubTopic 20
-Name Accounting Standards Codification
-Paragraph 1
-Section 50
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479907/805-20-50-1

+ Details

Name:	us-gaap_ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_TableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration