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Long-Term Debt (Tables)
 12 Months Ended
Mar. 31, 2022
Debt Disclosure [Abstract]  
Schedule of Long-Term Debt

Long-term debt on the Consolidated Balance Sheets consisted of the following as of March 31:

 

   2022   2021 
Credit facility  $-   $1,180,000 
Unamortized debt issuance costs(1)   -    (25,051)
Total long-term debt  $-   $1,154,949 

 

  (1) For the current period, since the Company has no long-term debt outstanding, unamortized debt issuance costs in the amount of $12,526 are included in Other noncurrent assets.
Summary of Line of Credit Activity

There was no balance outstanding on the credit facility as of March 31, 2022. The following table is a summary of activity on the WTNB credit facility for the years ended March 31, 2022 and 2021:

 

   Principal 
Balance at April 1, 2020:  $795,000 
Borrowings   935,000 
Repayments   550,000 
Balance at March 31, 2021:  $1,180,000 
Borrowings    275,000 
Repayments   1,455,000 
Balance at March 31, 2022:  $-