XML 56 R39.htm IDEA: XBRL DOCUMENT v3.24.2.u1

SEGMENT INFORMATION (Tables)

12 Months Ended

Mar. 31, 2024

SEGMENT INFORMATION.

Summary of financial information for segments

​

​	​	​	​	​	​	​
​		March 31, 2024			March 31, 2023
Ranor	​	$	17,820,542	​	$	19,181,539
Stadco	​		14,567,287	​		12,250,075
Eliminate intersegment revenue	​		(796,770)	​		—
Net sales from external customers	​	$	31,591,059	​	$	31,431,614
Ranor operating income	​		3,070,440	​		5,328,186
Stadco operating loss	​		(1,981,316)	​		(3,905,324)
Corporate and unallocated (1)	​	​	(5,721,324)	​	​	(2,528,082)
Operating loss	​	$	(4,632,200)	​	$	(1,105,220)
Interest expense, net	​		(521,108)	​		(355,608)
Refundable employee retention tax credits	​		--	​		636,564
Other income	​		43,363	​		40,842
Consolidated loss before income taxes	​	$	(5,109,945)	​	$	(783,422)
Assets	​		​	​		​
Ranor	​		11,972,805	​		11,350,905
Stadco	​		22,420,276	​		23,817,425
Corporate and unallocated	​		353,614	​		1,039,411
Totals	​	$	34,746,695	​	$	36,207,741
Depreciation and amortization	​		​	​		​
Ranor	​		700,499	​		523,683
Stadco	​		1,728,878	​		1,693,789
Totals	​	$	2,429,377	​	$	2,217,472
Capital expenditures	​		​	​		​
Ranor	​		3,197,668	​		1,599,966
Stadco	​		32,569	​		725,335
Totals	​	$	3,230,237	​	$	2,325,301

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

X

- 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 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 2: 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 3: 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

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

X

- References

No definition available.

+ Details

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