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REVENUE (Tables)

12 Months Ended

Mar. 31, 2023

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

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​	​	​	​	​	​	​	​	​	​
Net Sales by market		Defense			Industrial			Totals
Year ended March 31, 2023	​	$	30,935,138	​	$	496,476	​	$	31,431,614
Year ended March 31, 2022	​	$	20,854,812	​	$	1,427,683	​	$	22,282,495

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​	​	​	​	​	​	​	​	​	​
Net Sales by contract type		Over-time			Point-in-time			Totals
Year ended March 31, 2023	​	$	29,785,799	​	$	1,645,815	​	$	31,431,614
Year ended March 31, 2022	​	$	19,992,438	​	$	2,290,057	​	$	22,282,495

Schedule of contract assets

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​	​	​	​	​	​	​	​	​	​
​	​	​	​	​	Progress		​	​	​
​		Unbilled			Payments			Total
March 31, 2023	​	$	19,485,914	​	$	(10,538,103)	​	$	8,947,811
March 31, 2022	​	$	14,216,187	​	$	(5,865,955)	​	$	8,350,231

Sales

Schedule of revenues from customers who accounted for more than 10% of our net sales

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​	​	​	​	​	​	​	​	​	​	​	​
​	​	2023				​	2022
Customer		Amount			Percent		Amount			Percent
Customer A	​	$	6,352,394		20	%	$	4,448,624		20	%
Customer B	​	$	*		*	%	$	3,534,619		16	%
Customer C	​	$	4,779,592		15	%	$	*		*	%
Customer D	​	$	3,248,773	​	10	%	$	*	​	*	%
Customer E	​	$	5,838,734	​	19	%	$	2,505,205	​	11	%

*Less than 10% of total

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- 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.

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