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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Mar. 31, 2023
Mar. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (979,006) $ (349,834)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 2,217,472 1,460,439
Amortization of debt issue costs 59,916 48,251
Gain on disposal of equipment (468)  
Stock based compensation expense 253,079 190,754
Change in contract loss provision (237,318) (223,111)
Deferred income taxes 195,584 (192,355)
PPP loan forgiveness   (1,317,100)
Stock based expense for contingent consideration 56,310  
Change in fair value for contingent consideration (63,436) 50,454
Changes in operating assets and liabilities:    
Accounts receivable 672,768 (842,943)
Contract assets (597,580) 1,012,783
Work-in-process and raw materials (177,914) (42,491)
Other current assets 1,072,476 354,993
Other noncurrent liabilities 2,394,420 (50,633)
Accounts payable (1,202,601) 245,743
Accrued expenses and lease liabilities (1,094,137) (1,477,552)
Contract liabilities 568,273 1,390,441
Net cash provided by operating activities 3,137,838 257,839
CASH FLOWS FROM INVESTING ACTIVITIES    
Business acquisition, net of cash acquired   (7,795,810)
Purchases of property, plant, and equipment (2,325,301) (939,004)
Proceeds from sale of fixed assets 7,000  
Net cash used in investing activities (2,318,301) (8,734,814)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from term loan   4,000,000
Closing costs related to common stock sale   (335,418)
Proceeds from sale of common stock   3,523,000
Proceeds from revolver loan 10,885,150 4,612,002
Repayment of revolver loan (11,522,152) (3,325,000)
Debt issuance costs (57,723) (169,884)
Principal payments for leases (36,572) (508,806)
Repayment of long-term debt (605,905) (397,490)
Net cash (used in) provided by financing activities (1,337,202) 7,398,404
Net decrease in cash and cash equivalents (517,665) (1,078,571)
Cash and cash equivalents, beginning of period 1,052,139 2,130,711
Cash and cash equivalents, end of period 534,474 1,052,139
SUPPLEMENTAL DISCLOSURES OF CASH FLOWS INFORMATION    
Cash paid during the year for interest (net of interest capitalized) $ 288,085 $ 236,575