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STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
6 Months Ended
Sep. 30, 2024
Sep. 30, 2023
OPERATING ACTIVITIES    
Net income $ 8,123,732 $ 9,127,296
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation 157,601 154,935
Bonds discount amortization (124,135) (40,411)
Provision for credit losses 0 9,514
Stock-based compensation 123,645 116,848
Deferred income taxes (263,556) (742,649)
Non-cash operating lease credit (15,174) (13,359)
Changes in operating assets and liabilities    
Accounts receivable 192,402 3,598,068
Inventories (259,026) (550,756)
Prepaid expenses and other assets 156,116 (401,394)
Accounts payable 42,923 (37,476)
Accrued payroll and other (148,941) (835,798)
Net cash provided by operating activities 7,985,587 10,384,818
INVESTING ACTIVITIES    
Purchases of fixed assets (1,125,437) (16,731)
Purchases of marketable securities (6,580,140) (3,937,835)
Proceeds from maturities of marketable securities 2,200,000 8,400,000
Net cash Provided (used) by investing activities (5,505,577) 4,445,434
FINANCING ACTIVITIES    
(Payments on) proceeds from exercise of stock options (29) 117,527
Payment of dividends to shareholders (9,667,352) (9,664,227)
Net cash used in financing activities (9,667,381) (9,546,700)
Decrease (increase) in cash and cash equivalents (7,187,371) 5,283,552
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Beginning Balance 10,283,550 1,669,896
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Ending Balance 3,096,179 6,953,448
Supplemental disclosures of cash flow information    
Cash paid during the period for income taxes $ 1,809,878 $ 3,120,830