XML 22 R15.htm IDEA: XBRL DOCUMENT
v3.25.1

PROPERTY, PLANT, AND EQUIPMENT | 9 Months Ended
--- | ---
Dec. 31, 2024
Property, Plant and Equipment [Abstract] |
PROPERTY, PLANT, AND EQUIPMENT | NOTE 6 – PROPERTY, PLANT, AND EQUIPMENT Property and equipment consisted of the following at December 31, 2024 and March 31, 2024:
|  | December 31, 2024 |  |  | March 31, 2024 |
Leasehold Improvements |  | $ | 257,009 |  |  | $ | 257,009 |
Building |  |  | 29,250,045 |  |  |  | 29,143,445 |
Furniture and Fixtures |  |  | 450,432 |  |  |  | 439,990 |
Vehicles |  |  | 102,948 |  |  |  | 153,254 |
Equipment |  |  | 50,461,818 |  |  |  | 45,467,137 |
Tooling |  |  | 143,710 |  |  |  | 143,710 |
Construction in Progress |  |  | 1,754,998 |  |  |  | 2,785,616 |
Total property and equipment |  | $ | 82,420,960 |  |  | $ | 78,390,161 |
Less accumulated depreciation |  |  | (24,988,818 | ) |  |  | (20,308,121 | )
Net property and equipment |  | $ | 57,432,142 |  |  | $ | 58,082,040 |
Depreciation expense for the three and nine months ended December 31, 2024 totaled $1,638,947 and $4,710,378, respectively. Of these totals $1,258,349 and $3,669,416 were included in cost of revenues for the three and nine months ended December 31, 2024, respectively. Additionally, $380,598 and $1,040,962 were included in depreciation and amortization expenses in operating expenses for the three and nine months ended December 31, 2024, respectively. Depreciation expense for the three and nine months ended December 31, 2023 totaled $1,486,889 and $4,246,935, respectively. Of these totals $1,229,128 and $3,560,117 were included in cost of revenues for the three and nine months ended December 31, 2023, respectively. Additionally, $257,761 and $686,818 were included in depreciation and amortization expenses in operating expenses for the three and nine months ended December 31, 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