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REVENUE (Tables)

3 Months Ended

Jun. 30, 2022

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 June 30, 2022	​	$	6,840,924	​	$	235,433	​	$	7,076,357
Three months ended June 30, 2021	​	$	3,103,132	​	$	309,097	​	$	3,412,229

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​	​	​	​	​	​	​	​	​	​
Net Sales by contract type		Over-time			Point-in-time			Totals
Three months ended June 30, 2022	​	$	6,622,093	​	$	454,264	​	$	7,076,357
Three months ended June 30, 2021	​	$	3,122,649	​	$	289,580	​	$	3,412,229

Schedule of contract assets

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​	​	​	​	​	​	​	​	​	​
​	​	​		​	Progress		​	​
​		Unbilled			payments			Total
June 30, 2022	​	$	15,185,780	​	$	(6,383,138)	​	$	8,802,642
March 31, 2022	​	$	14,216,187	​	$	(5,865,956)	​	$	8,350,231

Sales

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

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​		June 30, 2022					June 30, 2021				​
Customer		Amount			Percent		Amount			Percent	​
A	​	$	1,296,387		18	%	$	1,303,772		38	%
B	​	$	1,763,591		25	%	$	*		*	%
C	​	$	735,758		11	%	$	938,856		28	%
D	​	$	1,071,874		15	%	$	*		*	%

*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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Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.

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