XML 24 R17.htm IDEA: XBRL DOCUMENT
v3.25.1

PROPERTY, PLANT, AND EQUIPMENT | 3 Months Ended
--- | ---
Jun. 30, 2024
Property, Plant and Equipment [Abstract] |
PROPERTY, PLANT, AND EQUIPMENT | NOTE 8 – PROPERTY, PLANT, AND EQUIPMENT Property and equipment consisted of the following at June 30, 2024 and March 31, 2024:
|  | June 30, 2024 |  |  | March 31, 2024 |
Leasehold Improvements |  | $ | 257,009 |  |  | $ | 257,009 |
Building |  |  | 29,243,613 |  |  |  | 29,143,445 |
Furniture and Fixtures |  |  | 450,432 |  |  |  | 439,990 |
Vehicles |  |  | 153,254 |  |  |  | 153,254 |
Equipment |  |  | 46,546,451 |  |  |  | 45,467,137 |
Tooling |  |  | 143,710 |  |  |  | 143,710 |
Construction in Progress |  |  | 3,014,885 |  |  |  | 2,785,616 |
Total property and equipment |  | $ | 79,809,354 |  |  | $ | 78,390,161 |
Less accumulated depreciation |  |  | (21,810,421 | ) |  |  | (20,308,121 | )
Net property and equipment |  | $ | 57,998,933 |  |  | $ | 58,082,040 |
Depreciation expense for the three months ended June 30, 2024 and 2023 totaled $1,502,965 and $1,353,327, respectively. Of these total, $1,187,520 and $1,152,678 were included in cost of goods sold for the three months ended June 30, 2024 and 2023, respectively. Additionally, $315,445 and $200,648 were included in depreciation and amortization expenses in operating expenses for the three months ended June 30, 2024 and 2023, respectively.

X
- References No definition available. + Details
Name: | us-gaap_PropertyPlantAndEquipmentAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for long-lived, physical asset used in normal conduct of business and not intended for resale. Includes, but is not limited to, work of art, historical treasure, and similar asset classified as collections. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 360 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/360/tableOfContent Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 6 -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477798/958-360-50-6 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (d) -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477798/958-360-50-1 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 7 -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477798/958-360-50-7 + Details
Name: | us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration