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v3.22.2.2

SEGMENT INFORMATION (Tables) | 6 Months Ended
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Sep. 30, 2022
SEGMENT INFORMATION. |
Summary of financial information for segments | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended | ​ | Six Months Ended
​ | ​ | September 30, | ​ | September 30,
​ |  | 2022 |  | 2021 |  | 2022 |  | 2021
Ranor | ​ | $ | 4,933,653 | ​ | $ | 3,538,784 | ​ | $ | 9,659,584 | ​ | $ | 6,951,013
Stadco | ​ |  | 3,588,994 | ​ | ​ | 1,258,626 | ​ | ​ | 5,939,420 | ​ |  | 1,258,626
Net sales from external customers | ​ | ​ | 8,522,647 | ​ | ​ | 4,797,410 | ​ | ​ | 15,599,004 | ​ | ​ | 8,209,639
Ranor | ​ |  | 1,493,395 | ​ | ​ | 379,882 | ​ | ​ | 2,746,467 | ​ |  | 830,457
Stadco | ​ |  | (755,299) | ​ | ​ | 41,004 | ​ | ​ | (2,214,090) | ​ |  | 41,004
Corporate and unallocated (1) | ​ |  | (825,519) | ​ | ​ | (663,868) | ​ | ​ | (1,177,809) | ​ |  | (1,014,383)
Total operating loss | ​ | ​ | (87,423) | ​ | ​ | (242,982) | ​ | ​ | (645,432) | ​ | ​ | (142,922)
ERTC refundable credits | ​ |  | 624,045 | ​ | ​ | — | ​ | ​ | 624,045 | ​ |  | —
PPP loan forgiveness | ​ |  | — | ​ | ​ | — | ​ | ​ | — | ​ |  | 1,317,100
Other income | ​ | ​ | 73,561 | ​ | ​ | 1,001 | ​ | ​ | 40,336 | ​ | ​ | 11,391
Interest expense | ​ | ​ | (83,730) | ​ | ​ | (56,894) | ​ | ​ | (167,375) | ​ | ​ | (86,772)
Consolidated income (loss) before income taxes | ​ | $ | 526,453 | ​ | $ | (298,875) | ​ | $ | (148,426) | ​ | $ | 1,098,797
Depreciation and amortization: | ​ |  | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | ​
Ranor | ​ |  | ​ | ​ | ​ | ​ | ​ | $ | 264,143 | ​ | $ | 365,936
Stadco | ​ |  | ​ | ​ | ​ | ​ | ​ | ​ | 852,459 | ​ |  | 149,868
Totals | ​ | ​ | ​ | ​ | ​ | ​ | ​ | $ | 1,116,602 | ​ | $ | 515,804
Capital expenditures | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | ​
Ranor | ​ | ​ | ​ | ​ | ​ | ​ | ​ | $ | 99,836 | ​ | $ | 360,696
Stadco | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | 399,505 | ​ |  | 2,290
Totals | ​ | ​ | ​ | ​ | ​ | ​ | ​ | $ | 499,341 | ​ | $ | 362,986
Prior period segment data is revised to reflect the new reportable segments.
| (1) | Corporate general costs include executive and director compensation, and other corporate administrative expenses not allocated to the 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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