XML 46 R32.htm IDEA: XBRL DOCUMENT
v3.25.2

INCOME TAXES (Tables) | 12 Months Ended
--- | ---
Mar. 31, 2025
INCOME TAXES |
Schedule of income and loss from continuing operations by location | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2025 |  | 2024
Loss before income taxes | ​ | $ | (2,750) | ​ | $ | (5,110)
Income tax (benefit) expense | ​ |  | (2) | ​ |  | 1,932
Net loss | ​ | $ | (2,748) | ​ | $ | (7,042)
Schedule of components of income tax provision | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2025 |  | 2024
Current: |  | ​ |  |  | ​ |
Federal | ​ | $ | (1) | ​ | $ | —
State | ​ |  | (1) | ​ |  | 1
Total Current | ​ | $ | (2) | ​ | $ | 1
Deferred: | ​ |  | ​ | ​ |  | ​
Federal | ​ | $ | — | ​ | $ | 2,087
State | ​ |  | — | ​ |  | (156)
Total Deferred | ​ | $ | — | ​ | $ | 1,931
Income tax (benefit) expense | ​ | $ | (2) | ​ | $ | 1,932
Schedule of reconciliation between income taxes computed at the U.S. federal statutory rate to the actual tax expense for income taxes reported in the consolidated statements of operations and comprehensive loss | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2025 |  | 2024 |
U.S. statutory income tax | ​ | $ | (577) | ​ | $ | (1,073) | ​
State income tax, net of federal benefit | ​ |  | 159 | ​ |  | (164) | ​
Change in valuation allowance | ​ | ​ | 410 | ​ | ​ | 3,141 | ​
Other | ​ |  | 6 | ​ |  | 28 | ​
Income tax (benefit) expense | ​ | $ | (2) | ​ | $ | 1,932 | ​
Effective tax rate* | ​ |  | 0.07 | % |  | 37.81 | %
Effective tax rate is calculated by dividing the income tax provision by loss before income taxes.
Schedule of the components of deferred income tax assets and liabilities | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2025 |  | 2024
Deferred tax assets: |  | ​ |  |  | ​ |
Net operating loss carryforward | ​ | $ | 6,056 | ​ | $ | 6,302
Compensation | ​ |  | 221 | ​ |  | 142
Stock based compensation awards | ​ | ​ | 25 | ​ | ​ | 7
Operating leases | ​ | ​ | 995 | ​ | ​ | 1,196
Other items not currently deductible | ​ |  | 170 | ​ |  | 538
Total deferred tax assets | ​ |  | 7,467 | ​ |  | 8,185
Valuation allowance | ​ | ​ | (5,722) | ​ | ​ | (5,312)
Net deferred tax assets | ​ |  | 1,745 | ​ |  | 2,873
Deferred tax liabilities: | ​ | ​ | ​ | ​ | ​ | ​
Depreciation | ​ | ​ | (782) | ​ | ​ | (1,563)
Operating leases | ​ | ​ | (963) | ​ | ​ | (1,157)
Contract accounting methods | ​ | ​ | — | ​ | ​ | (153)
Total deferred tax liabilities | ​ |  | (1,745) | ​ |  | (2,873)
Deferred taxes, net | ​ | $ | — | ​ | $ | —

X
- References No definition available. + Details
Name: | us-gaap_IncomeTaxDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 9 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482685/740-10-50-9 + Details
Name: | us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482685/740-10-50-2 + Details
Name: | us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 231 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482663/740-10-55-231 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12A -Publisher FASB -URI https://asc.fasb.org/1943274/2147482685/740-10-50-12A Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482685/740-10-50-12 + Details
Name: | us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of income before income tax between domestic and foreign jurisdictions. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480738/235-10-S50-1 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(h)(1)(Note 1)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480678/235-10-S99-1 + Details
Name: | us-gaap_ScheduleOfIncomeBeforeIncomeTaxDomesticAndForeignTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration