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REVENUE (Tables) | 9 Months Ended
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Dec. 31, 2023
REVENUE |
Schedule of net sales on a disaggregated basis by market and contract type | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net Sales by market |  | Defense |  | Industrial |  | Totals
Three months ended December 31, 2023 | ​ | $ | 7,649,663 | ​ | $ | — | ​ | $ | 7,649,663
Three months ended December 31, 2022 | ​ | $ | 8,316,711 | ​ | $ | 10,634 | ​ | $ | 8,327,345
Nine months ended December 31, 2023 | ​ | $ | 22,808,695 | ​ | $ | 182,294 | ​ | $ | 22,990,989
Nine months ended December 31, 2022 | ​ | $ | 23,543,077 | ​ | $ | 383,272 | ​ | $ | 23,926,349
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net Sales by contract type |  | Over-time |  | Point-in-time |  | Totals
Three months ended December 31, 2023 | ​ | $ | 7,548,094 | ​ | $ | 101,569 | ​ | $ | 7,649,663
Three months ended December 31, 2022 | ​ | $ | 7,813,273 | ​ | $ | 514,072 | ​ | $ | 8,327,345
Nine months ended December 31, 2023 | ​ | $ | 21,763,438 | ​ | $ | 1,227,551 | ​ | $ | 22,990,989
Nine months ended December 31, 2022 | ​ | $ | 22,672,048 | ​ | $ | 1,254,301 | ​ | $ | 23,926,349
Schedule of contract assets | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | Progress | ​ | ​ | ​
​ |  | Unbilled |  | payments |  | Total
December 31, 2023 | ​ | $ | 20,949,269 | ​ | $ | (12,577,086) | ​ | $ | 8,372,183
March 31, 2023 | ​ | $ | 19,485,914 | ​ | $ | (10,538,103) | ​ | $ | 8,947,811
​
Sales |
REVENUE |
Schedule of trade accounts receivable from customers who accounted for more than 10% | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three months ended | ​ | Three months ended | ​ | Nine months ended | ​ | Nine months ended | ​
​ | ​ | December 31, 2023 | ​ | December 31, 2022 |  | December 31, 2023 | ​ | December 31, 2022 | ​
Customer |  | Amount |  | Percent |  | Amount |  | Percent |  | Amount |  | Percent |  | Amount |  | Percent |
A | ​ | $ | 1,904,403 |  | 25 | % | $ | 1,448,547 |  | 17 | % | $ | 6,749,881 | ​ | 29 | % | $ | 4,182,984 | ​ | 18 | %
B | ​ | $ | 942,199 |  | 12 | % | $ | * |  | * | % | $ | 2,684,976 | ​ | 12 | % | $ | * | ​ | * | %
C | ​ | $ | * | ​ | * | % | $ | 1,451,713 | ​ | 17 | % | $ | * | ​ | * | % | $ | 4,495,028 | ​ | 19 | %
D | ​ | $ | 1,176,312 | ​ | 15 | % | $ | 1,385,871 | ​ | 16 | % | $ | 2,487,749 | ​ | 11 | % | $ | 4,764,391 | ​ | 20 | %
E | ​ | $ | 915,060 | ​ | 12 | % | $ | * | ​ | * | % | $ | 2,357,445 | ​ | 10 | % | $ | * | ​ | * | %
F | ​ | $ | 910,901 | ​ | 12 | % | $ | * | ​ | * | % | $ | 2,321,405 | ​ | 10 | % | $ | * | ​ | * | %
*Less than 10% of total

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