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Income Per Common Share (Tables)
9 Months Ended
Dec. 31, 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 nine month periods ended December 31, 2025 and 2024:

 

   2025   2024   2025   2024 
   Three Months Ended   Nine Months Ended 
   December 31   December 31 
   2025   2024   2025   2024 
Net income  $50,245   $469,133   $615,702   $1,077,370 
                     
Shares outstanding:                    
Weighted avg. shares outstanding – basic   2,046,000    2,046,000    2,046,000    2,070,086 
Effect of assumed exercise of dilutive stock options   35,932    45,808    31,222    44,850 
Weighted avg. shares outstanding – dilutive   2,081,932    2,091,808    2,077,222    2,114,936 
                     
Income per common share:                    
Basic  $0.02   $0.23   $0.30   $0.52 
Diluted  $0.02   $0.22   $0.30   $0.51