Long-term debt included the following as of:

June 30, 2022

March 31, 2022

Stadco Term Loan, at 3.79% interest, due August 2028

$

3,578,102

$

3,705,792

Ranor Term Loan, at 5.21% interest, due September 2022

2,336,691

2,363,126

Ranor Revolver Loan, at 2.75% interest, due December 2022

300,000

1,287,002

Total debt

$

6,214,793

$

7,355,920

Less: debt issue costs unamortized

$

140,774

$

147,905

Total debt, net

$

6,074,019

$

7,208,015

Less: Current portion of long-term debt

$

3,083,956

$

4,093,079

Total long-term debt, net

$

2,990,063

$

3,114,936