XML 48 R37.htm IDEA: XBRL DOCUMENT
v3.23.1

LEASES (Tables) | 12 Months Ended
--- | ---
Mar. 31, 2023
LEASES |
Schedule of right-of-use assets and lease liabilities | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | March 31, 2023 |  | March 31, 2022
Finance lease: |  | ​ | ​ | ​ | ​ |
Right of use asset – operating lease | ​ | $ | 6,629,396 | ​ | $ | 6,649,744
Right of use asset – finance leases | ​ | ​ | 65,016 | ​ |  | 125,032
Amortization | ​ | ​ | (1,033,474) | ​ | ​ | (391,161)
Right of use asset, net | ​ | $ | 5,660,938 | ​ | $ | 6,383,615
Lease liability – operating lease | ​ | $ | 5,819,365 | ​ | $ | 6,374,691
Lease liability – finance leases | ​ | ​ | 36,336 | ​ | ​ | 72,908
Total lease liability | ​ | $ | 5,855,701 | ​ | $ | 6,447,599
Schedule of supplemental Information of leases | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
Components of lease expense for the year ended: |  | March 31, 2023 |  | March 31, 2022
Operating lease amortization | ​ | $ | 638,732 | ​ | $ | 363,206
Finance lease amortization | ​ | $ | 20,829 | ​ | $ | 27,955
Finance lease interest | ​ | $ | 1,536 | ​ | $ | 1,851
​
​ | ​ | ​ | ​ | ​ | ​
Weighted average lease term and discount rate at: |  | March 31, 2023 |  | March 31, 2022 |
Lease term (years) – operating lease |  | 7.25 | ​ | 8.25 | ​
Lease term (years) – finance lease | ​ | 0.75 | ​ | 2.48 | ​
Lease rate – operating lease | ​ | 4.5 | % | 4.5 | %
Lease rate – finance lease |  | 4.5 | % | 3.9 | %
Schedule of supplemental cash flow information | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
Supplemental cash flow information related to leases for the year ended: |  | March 31, 2023 |  | March 31, 2022
Cash used in operating activities | ​ | $ | 851,806 | ​ | $ | 448,206
Cash used in financing activities | ​ | $ | 36,572 | ​ | $ | 508,806
​
Schedule of maturities of lease liabilities | ​
​ | ​ | ​ | ​
2023 |  | $ | 957,495
2024 | ​ |  | 948,701
2025 | ​ |  | 948,702
2026 | ​ |  | 938,801
2027 | ​ |  | 938,802
Thereafter | ​ |  | 2,111,578
Total lease payments | ​ | $ | 6,844,079
Less: imputed interest | ​ |  | 988,378
Total | ​ | $ | 5,855,701

X
- Definition Schedule Of Supplementary Cash Flow Information Pertaining to Leases. + References No definition available. + Details
Name: | tpcs_ScheduleOfCashFlowInformationRelatingToLeasesTableTextBlock
Namespace Prefix: | tpcs_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule of other supplemental information related to leases. + References No definition available. + Details
Name: | tpcs_ScheduleOfOtherSupplementalInformationRelatedToLeasesTableTextBlock
Namespace Prefix: | tpcs_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule of supplemental balance sheet information related to leases. + References No definition available. + Details
Name: | tpcs_ScheduleOfSupplementalBalanceSheetInformationRelatedToLeasesTableTextBlock
Namespace Prefix: | tpcs_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of undiscounted cash flows of finance lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to finance lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 6 -URI https://asc.fasb.org/extlink&oid=128292326&loc=SL77918701-209980 + Details
Name: | us-gaap_FinanceLeaseLiabilityMaturityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_LeasesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration