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v3.23.3

SEGMENT INFORMATION (Tables) | 6 Months Ended
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Sep. 30, 2023
SEGMENT INFORMATION. |
Summary of financial information for segments | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended | ​ | Six Months Ended
​ | ​ | September 30, | ​ | September 30,
​ |  | 2023 |  | 2022 |  | 2023 |  | 2022
Ranor | ​ | $ | 4,495,747 | ​ | $ | 4,933,653 | ​ | $ | 8,994,844 | ​ | $ | 9,659,584
Stadco | ​ |  | 3,606,014 | ​ |  | 3,588,994 | ​ | ​ | 6,573,147 | ​ | ​ | 5,939,420
Intersegment elimination | ​ | ​ | (131,675) | ​ | ​ | — | ​ | ​ | (226,665) | ​ | ​ | —
Net sales from external customers | ​ | ​ | 7,970,086 | ​ | ​ | 8,522,647 | ​ | ​ | 15,341,326 | ​ | ​ | 15,599,004
Ranor | ​ |  | 672,601 | ​ |  | 1,556,110 | ​ | ​ | 1,547,204 | ​ | ​ | 2,993,666
Stadco | ​ |  | (322,741) | ​ |  | (755,299) | ​ | ​ | (1,227,265) | ​ | ​ | (2,214,090)
Corporate and unallocated (1) | ​ | ​ | (947,213) | ​ | ​ | (888,234) | ​ | ​ | (1,497,092) | ​ | ​ | (1,425,008)
Total operating loss | ​ | ​ | (597,353) | ​ | ​ | (87,423) | ​ | ​ | (1,177,153) | ​ | ​ | (645,432)
ERTC refundable credits | ​ | ​ | — | ​ | ​ | 624,045 | ​ | ​ | — | ​ | ​ | 624,045
Other income | ​ | ​ | 40,875 | ​ | ​ | 73,561 | ​ | ​ | 40,876 | ​ | ​ | 40,336
Interest expense | ​ |  | (148,553) | ​ |  | (83,730) | ​ | ​ | (242,639) | ​ | ​ | (167,375)
Consolidated (loss) income before income taxes | ​ | $ | (705,031) | ​ | $ | 526,453 | ​ | $ | (1,378,916) | ​ | $ | (148,426)
Depreciation and amortization: | ​ |  | ​ | ​ |  | ​ | ​ | ​ | ​ | ​ | ​ | ​
Ranor | ​ | ​ | ​ | ​ | ​ | ​ | ​ | $ | 263,206 | ​ | $ | 264,143
Stadco | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | 864,853 | ​ |  | 852,459
Totals | ​ | ​ | ​ | ​ | ​ | ​ | ​ | $ | 1,128,059 | ​ | $ | 1,116,602
Capital expenditures | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | ​ | ​ |  | ​
Ranor | ​ | ​ | ​ | ​ | ​ | ​ | ​ | $ | 2,654,407 | ​ | $ | 99,836
Stadco | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | 4,530 | ​ |  | 399,505
Totals | ​ | ​ | ​ | ​ | ​ | ​ | ​ | $ | 2,658,937 | ​ | $ | 499,341
(1) | Corporate general costs include executive and director compensation, and other corporate administrative expenses not allocated to the segments. Prior period segment data is revised to reflect current period updates to unallocated corporate administrative expense.

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-25 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-22 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-30 + Details
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