XML 36 R27.htm IDEA: XBRL DOCUMENT v3.22.2.2

REVENUE (Tables)

6 Months Ended

Sep. 30, 2022

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

​

​	​	​	​	​	​	​	​	​	​
Net Sales by market		Defense			Industrial			Totals
Three months ended September 30, 2022	​	$	8,385,441	​	$	137,206	​	$	8,522,647
Three months ended September 30, 2021	​	$	4,403,156	​	$	394,254	​	$	4,797,410
Six months ended September 30, 2022	​	$	15,226,365	​	$	372,639	​	$	15,599,004
Six months ended September 30, 2021	​	$	7,506,287	​	$	703,352	​	$	8,209,639

​

​

​	​	​	​	​	​	​	​	​	​
Net Sales by contract type		Over-time			Point-in-time			Totals
Three months ended September 30, 2022	​	$	8,219,139	​	$	303,508	​	$	8,522,647
Three months ended September 30, 2021	​	$	3,757,988	​	$	1,039,422	​	$	4,797,410
Six months ended September 30, 2022	​	$	14,841,232	​	$	757,772	​	$	15,599,004
Six months ended September 30, 2021	​	$	6,880,637	​	$	1,329,002		$	8,209,639

Schedule of contract assets

​

​	​	​	​	​	​	​	​	​	​
​	​	​		​	Progress		​	​
​		Unbilled			payments			Total
September 30, 2022	​	$	17,522,148	​	$	(8,302,064)	​	$	9,220,084
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

​

​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​
​	​	Three months ended				​	Three months ended				​	Six months ended				​	Six months ended
​		September 30, 2022					September 30, 2021				​	September 30, 2022					September 30, 2021
Customer		Amount			Percent		Amount			Percent		Amount			Percent		Amount			Percent
A	​	$	1,438,049		17	%	$	1,175,893		25	%	$	2,734,436		18	%	$	2,479,665		30	%
B	​	$	*		*	%	$	721,405		15	%	$	*	​	*	%	$	1,660,261		20	%
C	​	$	*		*	%	$	648,954		14	%	$	*		*	%	$	938,534		11	%
D	​	$	1,614,929		19	%	$	*		*	%	$	3,378,520		22	%	$	*		*	%
E	​	$	1,971,441	​	23	%	$	*	​	*	%	$	3,043,315	​	20	%	$	*	​	*	%

*Less than 10% of total

X

- 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.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 10
-URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130551-203045

+ Details

Name:	us-gaap_ContractWithCustomerAssetAndLiabilityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

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.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 5
-URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130545-203045

+ Details

Name:	us-gaap_DisaggregationOfRevenueTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the nature of a concentration, a benchmark to which it is compared, and the percentage that the risk is to the benchmark.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 21
-URI https://asc.fasb.org/extlink&oid=123594938&loc=d3e13537-108611

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 20
-URI https://asc.fasb.org/extlink&oid=123594938&loc=d3e13531-108611

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 275
-SubTopic 10
-Section 50
-Paragraph 20
-URI https://asc.fasb.org/extlink&oid=99393423&loc=d3e6404-108592

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 275
-SubTopic 10
-Section 50
-Paragraph 16
-URI https://asc.fasb.org/extlink&oid=99393423&loc=d3e6327-108592

Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 275
-SubTopic 10
-Section 50
-Paragraph 18
-URI https://asc.fasb.org/extlink&oid=99393423&loc=d3e6351-108592

Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 275
-SubTopic 10
-Section 50
-Paragraph 21
-URI https://asc.fasb.org/extlink&oid=99393423&loc=d3e6442-108592

+ Details

Name:	us-gaap_SchedulesOfConcentrationOfRiskByRiskFactorTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Details

Name:	us-gaap_ConcentrationRiskByBenchmarkAxis=us-gaap_SalesMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type: