XML 42 R33.htm IDEA: XBRL DOCUMENT v3.23.3

LEASES (Tables)

6 Months Ended

Sep. 30, 2023

LEASES

Schedule of right-of-use assets and liabilities

​

​	​	​	​	​	​	​
​		September 30, 2023			March 31, 2023
Finance lease:		​	​	​	​
Right of use asset – operating lease	​	$	6,629,396	​	$	6,629,396
Right of use asset – finance leases	​	​	65,016	​	​	65,016
Amortization	​	​	(1,372,294)	​	​	(1,033,474)
Right of use asset, net	​	$	5,322,118	​	$	5,660,938
Lease liability – operating lease	​	$	5,475,993	​	$	5,819,365
Lease liability – finance leases	​	​	25,785	​	​	36,336
Total lease liability	​	$	5,501,778	​	$	5,855,701

Schedule of supplemental information of leases

​

​	​	​	​	​	​	​
Components of lease expense for the six months ended:		September 30, 2023			September 30, 2022
Operating lease amortization	​	$	330,130	​	$	317,529
Finance lease amortization	​	$	8,690	​	$	11,411
Finance lease interest	​	$	496	​	$	544

​

​	​	​	​	​	​
Weighted average lease term and discount rate at:		September 30, 2023		September 30, 2022
Lease term (years) – operating lease		6.75	​	7.75	​
Lease term (years) – finance lease	​	2.15	​	2.66	​
Lease rate – operating lease	​	4.5	%	4.5	%
Lease rate – finance lease		4.5	%	3.7	%

Schedule of supplemental cash flow information

​

​	​	​	​	​	​	​
Supplemental cash flow information related to leases for the six months ended:		September 30, 2023			September 30, 2022
Cash used in operating activities	​	$	469,401	​	$	386,786
Cash used in financing activities	​	$	10,552	​	$	25,820

​

Schedule of maturities of lease liabilities

​

​	​	​	​
2024		$	950,791
2025	​		948,701
2026	​		943,751
2027	​		938,802
2028	​	​	938,802
Thereafter	​		1,642,902
Total lease payments	​	$	6,363,749
Less: imputed interest	​		861,971
Total	​	$	5,501,778

​

X

- Definition

Tabular disclosure of supplementary cash flow information pertaining to leases.

+ References

No definition available.

+ Details

Name:	tpcs_ScheduleOfCashFlowInformationRelatingToLeasesTableTextBlock
Namespace Prefix:	tpcs_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of other supplemental information related to leases.

+ References

No definition available.

+ Details

Name:	tpcs_ScheduleOfOtherSupplementalInformationRelatedToLeasesTableTextBlock
Namespace Prefix:	tpcs_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of supplemental balance sheet information related to leases.

+ References

No definition available.

+ Details

Name:	tpcs_ScheduleOfSupplementalBalanceSheetInformationRelatedToLeasesTableTextBlock
Namespace Prefix:	tpcs_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of undiscounted cash flows of finance lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to finance lease liability recognized in statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147478964/842-20-50-6

+ Details

Name:	us-gaap_FinanceLeaseLiabilityMaturityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_LeasesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration