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SEGMENT INFORMATION (Tables)

9 Months Ended

Dec. 31, 2022

SEGMENT INFORMATION.

Summary of financial information for segments


		Three Months Ended						Nine Months Ended
		December 31,						December 31,
		2022			2021			2022			2021
Ranor		$	4,735,459		$	2,790,254		$	14,395,043		$	9,741,267
Stadco			3,591,886			3,721,071			9,531,306			4,979,697
Net sales from external customers			8,327,345			6,511,325			23,926,349			14,720,964
Ranor			1,334,565			(243,945)			4,077,962			586,512
Stadco			(561,291)			(191,367)			(2,775,382)			(150,362)
Corporate and unallocated (1)			(498,959)			(710,513)			(1,673,697)			(1,724,896)
Total operating income (loss)			274,315			(1,145,825)			(371,117)			(1,288,746)
ERTC refundable credits			--			--			624,045			--
PPP loan forgiveness			--			--			--			1,317,100
Other income			254			1,999			40,590			13,390
Interest expense			(93,603)			(94,721)			(260,978)			(181,494)
Consolidated income (loss) before income taxes		$	180,966		$	(1,238,547)		$	32,540		$	(139,750)
Depreciation and amortization:
Ranor								$	391,172		$	477,327
Stadco									1,275,569			501,190
Totals								$	1,666,741		$	978,517
Capital expenditures
Ranor								$	175,873		$	387,714
Stadco									487,160			48,817
Totals								$	663,033		$	436,531

Prior period segment data is revised to reflect the new reportable segments.

(1)	Corporate general costs include executive and director compensation, and other corporate administrative expenses not allocated to the segments.