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Income Per Common Share (Tables)
 6 Months Ended
Sep. 30, 2025
Income per common share:  
Schedule of Reconciliation of Basic and Diluted Net Income (Loss) Per Share

The following is a reconciliation of the number of shares used in the calculation of basic and diluted net income per share for the three and six month periods ended September 30, 2025 and 2024.

 

   2025   2024   2025   2024 
   Three Months Ended   Six Months Ended 
   September 30,   September 30, 
   2025   2024   2025   2024 
Net income  $323,506   $317,198   $565,457   $608,237 
                     
Shares outstanding:                    
Weighted avg. shares outstanding – basic   2,046,000    2,073,696    2,046,000    2,082,194 
Effect of assumed exercise of dilutive stock options   30,424    44,108    28,866    44,371 
Weighted avg. shares outstanding – dilutive   2,076,424    2,117,804    2,074,866    2,126,565 
Income per common share:                    
Basic  $0.16   $0.15   $0.28   $0.29 
Diluted  $0.16   $0.15   $0.27   $0.29