XML 43 R34.htm IDEA: XBRL DOCUMENT
v3.24.0.1

SEGMENT INFORMATION (Tables) | 9 Months Ended
--- | ---
Dec. 31, 2023
SEGMENT INFORMATION. |
Summary of financial information for segments | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended | ​ | Nine Months Ended
​ | ​ | Decemebr 31, | ​ | Decemebr 31
​ |  | 2023 |  | 2022 |  | 2023 |  | 2022
Net Sales | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Ranor | ​ | $ | 4,296,471 | ​ | $ | 4,735,459 | ​ | $ | 13,291,315 | ​ | $ | 14,395,043
Stadco | ​ |  | 3,369,497 | ​ |  | 3,591,886 | ​ | ​ | 9,942,644 | ​ | ​ | 9,531,306
Intersegment elimination | ​ | ​ | (16,305) | ​ | ​ | — | ​ | ​ | (242,970) | ​ | ​ | —
Net sales from external customers | ​ | ​ | 7,649,663 | ​ | ​ | 8,327,345 | ​ | ​ | 22,990,989 | ​ | ​ | 23,926,349
Operating (loss) income | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Ranor | ​ |  | 1,014,681 | ​ |  | 1,334,565 | ​ | ​ | 2,561,885 | ​ | ​ | 4,077,962
Stadco | ​ |  | (514,067) | ​ |  | (561,291) | ​ | ​ | (1,741,331) | ​ | ​ | (2,775,382)
Corporate and unallocated (1) (2) | ​ | ​ | (1,496,676) | ​ | ​ | (498,959) | ​ | ​ | (2,993,769) | ​ | ​ | (1,673,697)
Total operating (loss) income | ​ | ​ | (996,062) | ​ | ​ | 274,315 | ​ | ​ | (2,173,215) | ​ | ​ | (371,117)
ERTC refundable credits | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 624,045
Other income | ​ | ​ | 1 | ​ | ​ | 254 | ​ | ​ | 40,877 | ​ | ​ | 40,590
Interest expense | ​ |  | (109,503) | ​ |  | (93,603) | ​ | ​ | (352,142) | ​ | ​ | (260,978)
Consolidated (loss) income before income taxes | ​ | $ | (1,105,564) | ​ | $ | 180,966 | ​ | $ | (2,484,480) | ​ | $ | 32,540
Depreciation and amortization: | ​ |  | ​ | ​ |  | ​ | ​ | ​ | ​ | ​ | ​ | ​
Ranor | ​ | ​ | ​ | ​ | ​ | ​ | ​ | $ | 481,029 | ​ | $ | 391,172
Stadco | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | 1,277,896 | ​ |  | 1,275,569
Totals | ​ | ​ | ​ | ​ | ​ | ​ | ​ | $ | 1,758,925 | ​ | $ | 1,666,741
Capital expenditures | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | ​ | ​ |  | ​
Ranor | ​ | ​ | ​ | ​ | ​ | ​ | ​ | $ | 2,755,886 | ​ | $ | 175,873
Stadco | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | 26,460 | ​ |  | 487,160
Totals | ​ | ​ | ​ | ​ | ​ | ​ | ​ | $ | 2,782,346 | ​ | $ | 663,033
(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.
(2) | For the three and nine months ended December 31, 2023, includes $1.0 million of expenditures for outside advisory services in connection with a potential acquisition.

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 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
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