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REVENUE (Tables)

6 Months Ended

Sep. 30, 2021

Schedule of net sales on a disaggregated basis by market and contract type

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​	​	​	​	​	​	​	​	​	​
Net Sales by market		Defense			Industrial			Totals
Three months ended September 30, 2021	​	$	4,403,156	​	$	394,254	​	$	4,797,410
Three months ended September 30, 2020	​	$	3,225,503	​	$	1,488,430	​	$	4,713,933
Six months ended September 30, 2021	​	$	7,506,287	​	$	703,352	​	$	8,209,639
Six months ended September 30, 2020	​	$	6,429,093	​	$	1,567,365	​	$	7,996,458

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​	​	​	​	​	​	​	​	​	​
Net Sales by contract type		Over-time			Point-in-time			Totals
Three months ended September 30, 2021	​	$	3,757,988	​	$	1,039,422	​	$	4,797,410
Three months ended September 30, 2020	​	$	3,081,971	​	$	1,631,962	​	$	4,713,933
Six months ended September 30, 2021	​	$	6,880,637	​	$	1,329,002	​	$	8,209,639
Six months ended September 30, 2020	​	$	6,109,868	​	$	1,886,590		$	7,996,458

Schedule of Contract Assets

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​	​	​		​	Progress		​	​
​		Unbilled			payments			Total
September 30, 2021	​	$	12,725,048	​	$	(3,418,186)	​	$	9,306,862
March 31, 2021	​	$	11,392,948	​	$	(5,860,540)	​	$	5,532,408

Sales [Member]

Schedule of revenues from customers who accounted for more than 10% of our net sales

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​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​
​	​	Three months ended				​	Three months ended				​	Six months ended				​	Six months ended
​	​	September 30, 2021				​	September 30, 2020				​	September 30, 2021				​	September 30, 2020
Customer		Amount			Percent		Amount			Percent		Amount			Percent		Amount			Percent
A	​	$	1,175,893	​	25	%	$	499,921	​	11	%	$	2,479,665	​	30	%	$	1,070,701	​	13	%
B	​	$	721,405		15	%	$	686,486		15	%	$	1,660,261	​	20	%	$	1,340,673		17	%
C	​	$	648,954		14	%	$	459,441		10	%	$	938,534		11	%	$	*		*	%
D	​	$	*		*	%	$	726,921		15	%	$	*		*	%	$	*		*	%
E	​	$	*	​	*	%	$	694,332	​	15	%	$	*	​	*	%	$	1,708,987	​	21	%
F	​	$	*	​	*	%	$	575,315	​	12	%	$	*	​	*	%	$	*	​	*	%
G	​	$	*	​	*	%	$	558,160	​	12	%	$	*	​	*	%	$	948,672	​	12	%

*Less than 10% of total

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- Definition

Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability.

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