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SEGMENT INFORMATION (Tables) | 3 Months Ended
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Jun. 30, 2022
SEGMENT INFORMATION. |
Summary of financial information for segments | ​
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The following table provides summarized financial information for our segments: |  | June 30, 2022 |  | June 30, 2021
Ranor | ​ | $ | 4,725,931 | ​ | $ | 3,412,229
Stadco | ​ |  | 2,350,426 | ​ |  | —
Net sales from external customers | ​ | $ | 7,076,357 | ​ | $ | 3,412,229
Ranor operating income | ​ |  | 1,352,662 | ​ |  | 427,466
Stadco operating loss | ​ |  | (1,458,791) | ​ |  | —
Corporate and unallocated (1) | ​ |  | (451,880) | ​ |  | (327,406)
Total operating (loss) income | ​ | $ | (558,009) | ​ | $ | 100,060
Interest expense and other expense | ​ |  | (116,870) | ​ |  | (19,488)
PPP loan forgiveness | ​ |  | — | ​ |  | 1,317,100
Consolidated (loss) income before income taxes | ​ | $ | (674,879) | ​ | $ | 1,397,672
Depreciation and amortization | ​ |  |  | ​ |  |
Ranor | ​ |  | 131,600 | ​ |  | 182,678
Stadco | ​ |  | 453,761 | ​ |  | —
Totals | ​ | $ | 585,361 | ​ | $ | 182,678
Capital expenditures | ​ |  |  | ​ |  |
Ranor | ​ |  | 62,233 | ​ |  | 4,198
Stadco | ​ |  | 141,748 | ​ |  | —
Totals | ​ | $ | 203,981 | ​ | $ | 4,198
(1)Corporate general costs include executive and director compensation, and other corporate administrative expenses not allocated to the segments. Prior period segment data is restated to reflect the new reportable segments.

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599 + Details
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