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CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($)
Total
Cumulative Effect, Period of Adoption, Adjustment
Common Stock
Additional Paid-in Capital
Retained Earnings
Retained Earnings
Cumulative Effect, Period of Adoption, Adjustment
Beginning balance (in shares) at Mar. 31, 2022     6,348,314      
Beginning balances at Mar. 31, 2022 $ 373,024,428 $ (1,880,346)   $ 280,907,085 $ 92,117,343 $ (1,880,346)
Increase (Decrease) in Shareholders' Equity [Roll Forward]            
Proceeds from exercise of stock options (in shares)     4,300      
Proceeds from exercise of stock options 403,547     403,547    
Common stock repurchases (in shares)     (73,643)      
Common stock repurchases (14,314,088)       (14,314,088)  
Restricted common stock expense under stock option plan, net of cancellations (in shares)     1,750      
Restricted common stock expense under stock option plan, net of cancellations 3,048,003     3,048,003    
Stock option expense 768,055     768,055    
Net income (loss) (8,566,472)       (8,566,472)  
Ending balance (in shares) at Jun. 30, 2022     6,280,721      
Ending balances at Jun. 30, 2022 $ 352,483,127     285,126,690 67,356,437  
Beginning balance (in shares) at Mar. 31, 2023 6,231,082   6,231,082      
Beginning balances at Mar. 31, 2023 $ 385,226,737     288,071,839 97,154,898  
Increase (Decrease) in Shareholders' Equity [Roll Forward]            
Proceeds from exercise of stock options (in shares)     7,540      
Proceeds from exercise of stock options 709,294     709,294    
Restricted common stock expense under stock option plan, net of cancellations (in shares)     1,875      
Restricted common stock expense under stock option plan, net of cancellations 1,099,351     1,099,351    
Stock option expense 313,347     313,347    
Net income (loss) $ 9,538,748       9,538,748  
Ending balance (in shares) at Jun. 30, 2023 6,240,497   6,240,497      
Ending balances at Jun. 30, 2023 $ 396,887,477     $ 290,193,831 $ 106,693,646