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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($)
9 Months Ended
Dec. 31, 2023
Dec. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net (loss) income $ (1,921,122) $ 23,754
Adjustments to reconcile net (loss) income to net cash provided by operating activities:    
Depreciation and amortization 1,758,925 1,666,741
Amortization of debt issue costs 54,820 39,961
Stock-based compensation expense and restricted awards 196,200 307,619
Change in contract loss provision 155,317 100,880
Deferred income taxes (563,358) 8,785
Gain on disposal of fixed assets (40,399) (468)
Change in fair value for contingent consideration   63,436
Changes in operating assets and liabilities:    
Accounts receivable 144,420 81,842
Contract assets 575,628 (1,006,010)
Work-in-process and raw materials (1,227,947) (57,450)
Other current assets (304,620) 435,435
Accounts payable (497,212) (166,749)
Accrued expenses (526,899) (1,741,606)
Contract liabilities 1,701,793 139,944
Other noncurrent liabilities 1,674,002 974,737
Net cash provided by operating activities 1,179,548 870,851
CASH FLOWS FROM INVESTING ACTIVITIES:    
Proceeds from insurance claim and sale of fixed assets 61,944 7,000
Fixed asset deposit   (605,200)
Purchases of property, plant and equipment (2,782,346) (663,033)
Net cash used in investing activities (2,720,402) (1,261,233)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Debt issue costs (39,963) (43,945)
Revolver loan payments and borrowings, net 1,900,000 187,998
Payments of principal for leases (14,877) (31,058)
Repayments of long-term debt (447,535) (458,567)
Net cash provided by (used in) financing activities 1,397,625 (345,572)
Net decrease in cash and cash equivalents (143,229) (735,954)
Cash and cash equivalents, beginning of period 534,474 1,052,139
Cash and cash equivalents, end of period 391,245 316,185
SUPPLEMENTAL DISCLOSURES OF CASH FLOWS INFORMATION:    
Cash paid for interest, net of amounts capitalized $ 297,322 $ 216,881