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STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
9 Months Ended
Dec. 31, 2022
Dec. 31, 2021
OPERATING ACTIVITIES    
Net income $ 14,461,814 $ 10,691,481
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation and amortization 187,781 358,828
Stock-based compensation 54,218 73,036
Deferred income taxes (61,972) 319
Changes in operating assets and liabilities    
Accounts receivable 2,607,555 (1,073,922)
Inventories (1,370,592) (466,898)
Prepaid expenses and other assets (502,423) (435,067)
Accounts payable and accrued expenses (627,470) (49,447)
Net cash provided by operating activities 14,748,911 9,098,330
INVESTING ACTIVITIES    
Purchases of fixed assets (907,612) (58,317)
Purchases of marketable securities (26,618,617) 0
Proceeds from maturities of marketable securities 18,750,000 4,000,000
Receipt of tenant improvement allowance 100,000 0
Net cash provided (used) by investing activities (8,676,229) 3,941,683
FINANCING ACTIVITIES    
Payment of dividends to shareholders (14,492,478) (14,499,696)
Cash used in financing activities (14,492,478) (14,499,696)
Decrease in cash and cash equivalents (8,419,796) (1,459,683)
Cash and cash equivalents 10,449,510 10,427,340
Cash and cash equivalents 2,029,714 8,967,657
Supplemental disclosures of cash flow information    
Cash paid during the period for income taxes $ 4,130,278 $ 2,490,000