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CONSOLIDATED BALANCE SHEETS - USD ($)
Mar. 31, 2023
Mar. 31, 2022
Current assets:    
Cash and cash equivalents $ 534,474 $ 1,052,139
Accounts receivable, net 2,336,481 3,009,249
Contract assets 8,947,811 8,350,231
Raw materials 1,692,852 874,538
Work-in-process 719,736 1,360,137
Other current assets 348,983 1,421,459
Total current assets 14,580,337 16,067,753
Property, plant and equipment, net 13,914,024 13,153,165
Right of use asset, net 5,660,938 6,383,615
Deferred income taxes 1,931,186 2,126,770
Other noncurrent assets, net 121,256 121,256
Total assets 36,207,741 37,852,559
Current liabilities:    
Accounts payable 2,224,320 3,426,921
Accrued expenses 2,533,185 3,435,866
Contract liabilities 2,333,591 1,765,319
Current portion of long-term lease liability 711,727 593,808
Current portion of long-term debt, net 1,218,162 4,093,079
Total current liabilities 9,020,985 13,314,993
Long-term debt, net 4,749,139 3,114,936
Long-term lease liability 5,143,974 5,853,791
Other noncurrent liability 2,699,492 305,071
Total liabilities 21,613,590 22,588,791
Commitments and contingent liabilities
Stockholders' Equity:    
Common stock - par value $.0001 per share, shares authorized: March 31, 2023 - 50,000,000; Shares issued and outstanding: March 31, 2023 - 8,613,408; March 31, 2022 - 8,576,862 861 858
Additional paid in capital 14,949,729 14,640,343
Retained earnings (accumulated deficit) (356,439) 622,567
Total stockholders' equity 14,594,151 15,263,768
Total liabilities and stockholders' equity $ 36,207,741 $ 37,852,559