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DEBT (Tables) | 12 Months Ended
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Mar. 31, 2023
DEBT |
Schedule of outstanding debt obligations | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
Long-term debt included the following as of: |  | March 31, 2023 |  | March 31, 2022
Stadco Term Loan, at 3.79% interest, due August 2028 | ​ | $ | 3,186,495 | ​ | $ | 3,705,792
Ranor Term Loan, at 6.05% interest, due December 2027 | ​ | ​ | 2,276,518 | ​ | ​ | 2,363,126
Ranor Revolver Loan, at 6.93% interest, due December 2023 | ​ | ​ | 650,000 | ​ | ​ | 1,287,002
Total debt | ​ | $ | 6,113,013 | ​ | $ | 7,355,920
Less: debt issue costs unamortized | ​ | $ | 145,712 | ​ | $ | 147,905
Total debt, net | ​ | $ | 5,967,301 | ​ | $ | 7,208,015
Less: Current portion of long-term debt | ​ | $ | 1,218,162 | ​ | $ | 4,093,079
Total long-term debt, net | ​ | $ | 4,749,139 | ​ | $ | 3,114,936
Scheduled principal maturities for our total debt | The scheduled principal maturities for our total debt by fiscal year are: ​
​ | ​ | ​ | ​
2024 |  | $ | 1,250,200
2025 | ​ |  | 625,791
2026 | ​ |  | 651,827
2027 | ​ |  | 678,980
2028 | ​ |  | 2,636,854
Thereafter | ​ |  | 269,361
Total | ​ | $ | 6,113,013

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