Long-term debt included the following as of:

March 31, 2024

March 31, 2023

Stadco Term Loan, at 3.79% interest, due August 2028

$

2,647,275

$

3,186,495

Ranor Term Loan, at 6.05% interest, due December 2027

2,215,643

2,276,518

Ranor Revolver Loan, at 7.69% interest, due August 2024

2,785,000

650,000

Total debt

$

7,647,918

$

6,113,013

Less: debt issue costs unamortized

$

89,235

$

145,712

Total debt, net

$

7,558,683

$

5,967,301

Less: Current portion of long-term debt

$

7,558,683

$

1,218,162

Total long-term debt, net

$

—

$

4,749,139