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Condensed Consolidated Statements of Cash Flow (Unaudited) - USD ($)
3 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash flow from operating activities:    
Net Loss $ (6,458,327) $ (14,759,975)
Loss from discontinued operations, net of tax (595,634) [1] (2,762,950)
Net loss from continuing operations (5,862,693) (11,997,025)
Adjustments to reconcile net loss to net cash provided by/(used in) operations:    
Depreciation and amortization 3,510,021 3,345,804
Debt discount amortization 136,105
Stock based compensation 787,826 1,436,038
Loss on disposal of assets 2,108  
Allowance for credit losses 209,215 65,351
Reduction in right of use asset 185,373 174,529
Valuation allowance 7,182,561
Deferred income taxes (4,335,993)
Changes in current assets and liabilities    
Accounts receivable 1,031,348 1,538,239
Due from related parties (4,800,000)
Prepaid expenses (1,799,076) 271,014
Accounts payable (1,901,345) (1,525,217)
Accrued liabilities (2,774,423) 9,708,212
Operating lease liability (197,923) (173,860)
Net cash provided by/(used in) operating activities (6,673,464) 889,653
Cash flow from investing activities:    
Sale of ammunition business assets 42,946,905
Purchase of property and equipment (889,800) (802,396)
Net cash provided by/(used in) investing activities 42,057,105 (802,396)
Cash flow from financing activities:    
Payments on insurance premium note (721,842)
Preferred stock dividends paid (638,022) (638,021)
Repurchase of common shares (171,200) (366,164)
Common stock repurchase plan (1,095,682)
Net cash used in financing activities (809,222) (2,821,709)
Cash flow from discontinued operations:    
Net cash used in operating activities of discontinued operations (1,478,416) (1,437,142)
Net cash provided by/(used in) investing activities of discontinued operations 40,013 (617,461)
Net cash used in financing activities of discontinued operations 0 (42,816)
Net cash used in discontinued operations (1,438,403) (2,097,419)
Net increase/(decrease) in cash 33,136,016 (4,831,871)
Cash, beginning of period 30,227,796 55,586,441
Cash, end of period 63,363,812 50,754,570
Cash paid during the period for:    
Interest 166,107 184,385
Income taxes
Non-cash investing and financing activities:    
Insurance premium note payment 1,056,199
Issuance of notes payable - related party in DE Litigation settlement 51,000,000
Discount on notes payable - related party in DE Litigation settlement (28,891,590)
Warrant issued for legal settlement - related party in DE Litigation settlement 7,094,926
Dividends accumulated on preferred stock $ 136,111 $ 136,094
[1] The three months ended June 30, 2025 reflects results from April 1 to April 18, 2025 only.