XML 32 R20.htm IDEA: XBRL DOCUMENT v3.25.3
Related Party Transactions
 6 Months Ended
Sep. 30, 2025
Related Party Transactions  
Related Party Transactions

Related Party Transactions

During the three and six-month periods ended September 30, 2025, inventory purchases and other company expenses of approximately $39,000 and $123,000 respectively, were charged to credit card accounts of Harvey B. Grossblatt, the Company’s Chief Executive Officer and certain of his immediate family members. During the three and six-month periods ended September 30, 2024, inventory purchases and other company expenses of approximately $386,000 and $946,000 respectively, were charged to credit card accounts of Harvey B. Grossblatt, the Company’s Chief Executive Officer and certain of his immediate family members. The Company subsequently reimbursed these charges in full. Mr. Grossblatt receives mileage benefits from these charges. The maximum amount outstanding and due to Mr. Grossblatt at any point during the six-month period ended September 30, 2025, and 2024 amounted to $22,680 and $285,333, respectively. The amount due to Mr. Grossblatt at September 30, 2025, and 2024 amounted to approximately $3,000 and $7,000, respectively and is included in accounts payable on the condensed consolidated balance sheets.