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Summary of Significant Accounting Policies (Tables) | 12 Months Ended
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Mar. 31, 2024
Summary of Significant Accounting Policies [Abstract] |
Reconciliation of Basic and Diluted Net (Loss) Income Per Share | The following presents a reconciliation of basic and diluted net (loss) income per share.
|  | Years Ended March 31, |
|  | 2024 |  |  | 2023 |  |  | 2022 |
Net (loss) income |  | $ | (49,244,000 | ) |  | $ | (4,207,000 | ) |  | $ | 7,361,000 |
Basic shares |  |  | 19,601,204 |  |  |  | 19,340,246 |  |  |  | 19,119,727 |
Effect of dilutive stock options |  |  | - |  |  |  | - |  |  |  | 439,919 |
Diluted shares |  |  | 19,601,204 |  |  |  | 19,340,246 |  |  |  | 19,559,646 |
Net (loss) income per share: |  |  |  |  |  |  |  |  |  |  |  |
Basic net (loss) income per share |  | $ | (2.51 | ) |  | $ | (0.22 | ) |  | $ | 0.38 |
Diluted net (loss) income per share |  | $ | (2.51 | ) |  | $ | (0.22 | ) |  | $ | 0.38 |
Gain (Loss) on Equity Investments | The following summarizes the gain (loss) on the Company’s equity investments:
|  | Years Ended March 31, |
|  | 2024 |  |  | 2023 |  |  | 2022 |
Net gain (loss) recognized on equity securities |  | $ | 347,000 |  |  | $ | (181,000 | ) |  | $ | 163,000 |
Less: net gain (loss) recognized on equity securities sold |  |  | 74,000 |  |  |  | (15,000 | ) |  |  | - |
Unrealized gain (loss) recognized on equity securities still held |  | $ | 273,000 |  |  | $ | (166,000 | ) |  | $ | 163,000 |

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- Definition Tabular disclosure of realized and unrealized gain (loss) on investment in security. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(7)(c)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483621/220-10-S99-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(9)(a)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483621/220-10-S99-2 + Details
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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 + Details
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