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Condensed Consolidated Statements of Shareholders' Equity (Unaudited) - USD ($)
Total
Preferred Stock [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Treasury Stock, Common [Member]
Balance at Mar. 31, 2023 $ 374,121,135 $ 1,400 $ 118,294 $ 424,739,847 $ (50,216,248) $ (522,158)
Balance, shares at Mar. 31, 2023   1,400,000 118,294,478      
Employee stock awards 1,181,199 $ 391 1,180,808
Employee stock awards, shares     390,111      
Preferred stock dividends (136,093) (136,093)
Dividends accumulated on preferred stock (136,094) (136,094)
Net Income (Loss) (1,304,062) (1,304,062)
Treasury shares purchased (1,456,744) $ (739) (1,456,005)
Treasury shares purchased, shares     (738,831)      
Balance at Jun. 30, 2023 371,767,397 $ 1,400 $ 117,946 425,920,655 (52,294,441) (1,978,163)
Balance, shares at Jun. 30, 2023   1,400,000 117,945,758      
Balance at Mar. 31, 2023 374,121,135 $ 1,400 $ 118,294 424,739,847 (50,216,248) (522,158)
Balance, shares at Mar. 31, 2023   1,400,000 118,294,478      
Net Income (Loss) (8,970,029)          
Balance at Sep. 30, 2023 364,619,650 $ 1,400 $ 118,461 427,619,626 (60,743,047) (2,376,790)
Balance, shares at Sep. 30, 2023   1,400,000 118,460,743      
Balance at Jun. 30, 2023 371,767,397 $ 1,400 $ 117,946 425,920,655 (52,294,441) (1,978,163)
Balance, shares at Jun. 30, 2023   1,400,000 117,945,758      
Employee stock awards 1,699,684 $ 713 1,698,971
Employee stock awards, shares     712,783      
Preferred stock dividends (646,545) (646,545)
Dividends accumulated on preferred stock (638,038)   (638,038)
Net Income (Loss) (7,665,967)   (7,665,967)
Treasury shares purchased (398,825) $ (198) (398,627)
Treasury shares purchased, shares     (197,798)      
Balance at Sep. 30, 2023 364,619,650 $ 1,400 $ 118,461 427,619,626 (60,743,047) (2,376,790)
Balance, shares at Sep. 30, 2023   1,400,000 118,460,743      
Balance at Mar. 31, 2024 358,049,851 $ 1,400 $ 119,181 430,525,824 (69,923,398) (2,673,156)
Balance, shares at Mar. 31, 2024   1,400,000 119,181,067      
Employee stock awards 1,394,983 $ 361 1,394,622
Employee stock awards, shares     360,833      
Common stock purchase options 41,055 41,055
Repurchase of common shares (366,165) [1] $ (206) [1] (365,959) [1]
Employee stock awards, shares [1]     (205,704)      
Preferred stock dividends (638,022) (638,022)
Dividends accumulated on preferred stock (136,111) (136,111)
Net Income (Loss) (14,759,975) (14,759,975)
Treasury shares purchased (1,095,680) $ (579) (1,095,101)
Treasury shares purchased, shares     (579,463)      
Balance at Jun. 30, 2024 342,489,936 $ 1,400 $ 118,757 431,595,542 (85,457,506) (3,768,257)
Balance, shares at Jun. 30, 2024   1,400,000 118,756,733      
Balance at Mar. 31, 2024 358,049,851 $ 1,400 $ 119,181 430,525,824 (69,923,398) (2,673,156)
Balance, shares at Mar. 31, 2024   1,400,000 119,181,067      
Net Income (Loss) (27,188,088)          
Balance at Sep. 30, 2024 325,571,677 $ 1,400 $ 116,203 432,687,734 (98,668,259) (8,565,401)
Balance, shares at Sep. 30, 2024   1,400,000 116,203,091      
Balance at Jun. 30, 2024 342,489,936 $ 1,400 $ 118,757 431,595,542 (85,457,506) (3,768,257)
Balance, shares at Jun. 30, 2024   1,400,000 118,756,733      
Employee stock awards 1,153,426 $ 370 1,153,056
Employee stock awards, shares     369,583      
Common stock purchase options 33,568 33,568
Repurchase of common shares (94,498) [1] $ (66) [1] (94,432) [1]
Employee stock awards, shares [1]     (66,082)      
Preferred stock dividends (646,529) (646,529)
Dividends accumulated on preferred stock (136,111) (136,111)
Net Income (Loss) (12,428,113) (12,428,113)
Treasury shares purchased (4,800,002) $ (2,858) (4,797,144)
Treasury shares purchased, shares     (2,857,143)      
Balance at Sep. 30, 2024 $ 325,571,677 $ 1,400 $ 116,203 $ 432,687,734 $ (98,668,259) $ (8,565,401)
Balance, shares at Sep. 30, 2024   1,400,000 116,203,091      
[1] The Company acquired shares of common stock held by employees who tendered owned common stock to satisfy the tax withholding on common stock.