XML 27 R16.htm IDEA: XBRL DOCUMENT v3.25.3

NOTE 9. LEASES

6 Months Ended

Sep. 30, 2025

Notes

NOTE 9. LEASES

NOTE 9. LEASES

We conduct our operations in a leased facility under a non-cancellable operating lease expiring May 31, 2031. Our lease does not provide an implicit interest rate, so we used our incremental borrowing rate to determine the present value of lease payments. Lease expense is recognized on a straight-line basis over the lease term. Effective November 4, 2024 we executed an Amendment extending our lease, which would have expired March 31, 2026 without the Amendment. Details of our lease are as follows:

	Quarter Ended Sept. 30					Six Months Ended Sept. 30
	2025			2024		2025			2024
Operating lease cost	$	48,214		37,754		$	96,429		75,507
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows for leases	$	(53,751	)	43,341		$	(7,503	)	90,682
Right-of-use assets obtained in exchange for new lease liabilities
Operating lease	$	710,665				$	710,665
Remaining lease term		68 months		18 months			68 months		18 months
Discount rate		7.8%		3.5%			7.8%		3.5%

The following table shows the maturities of lease liabilities as of September 30, 2025:

Year Ending March 31,	Operating Lease Liabilities
2026		92,497
2027		172,142
2028		213,284
2029		220,216
2030		227,373
2031		234,762
2032		40,399
Total lease payments		1,200,673
Imputed lease interest		(238,331	)
Total lease liabilities	$	962,342

X

- References

No definition available.

+ Details

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

X

- Definition

The entire disclosure for lessee entity's leasing arrangements including, but not limited to, all of the following: (a.) The basis on which contingent rental payments are determined, (b.) The existence and terms of renewal or purchase options and escalation clauses, (c.) Restrictions imposed by lease agreements, such as those concerning dividends, additional debt, and further leasing.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef
-Topic 840
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/840/tableOfContent

+ Details

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