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Condensed Consolidated Statements of Operations - USD ($)
3 Months Ended 6 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Income Statement [Abstract]        
Net sales $ 3,610,863 $ 3,336,396 $ 7,743,256 $ 6,275,833
Cost of sales 1,942,956 1,969,573 4,060,602 3,404,399
Gross margin 1,667,907 1,366,823 3,682,654 2,871,434
Selling, general and administrative 596,618 464,809 1,150,651 1,126,060
Litigation expenses 3,220 5,514 4,400 8,210
Engineering, research, and development 682,852 554,555 1,376,427 1,186,508
Total operating expenses 1,282,690 1,024,878 2,531,478 2,320,778
Income from operations 385,217 341,945 1,151,176 550,656
Interest income 995 1,879 1,980 4,725
Other income 22,260 0 35,853 13,854
Gain on forgiveness of PPP loan 722,577 0 722,577 0
Interest expense – judgement (52,490) (52,490) (104,410) (127,634)
Interest expense 0 (9,380) 0 (19,160)
Total other net income, (expense) 693,342 (59,991) 656,000 (128,215)
Income before income taxes 1,078,559 281,954 1,807,176 422,441
Income tax expense 78,883 59,206 231,999 88,713
Net income 999,676 222,748 1,575,177 333,728
Preferred dividends 80,000 80,000 160,000 160,000
Net income attributable to common shareholders $ 919,676 $ 142,748 $ 1,415,177 $ 173,728
Basic income per common share (in Dollars per share) $ 0.28 $ 0.04 $ 0.43 $ 0.05
Diluted income per common share (in Dollars per share) $ 0.2 $ 0.04 $ 0.31 $ 0.05
Weighted average shares outstanding:        
Basic (in Shares) 3,255,887 3,255,887 3,255,887 3,255,887
Diluted (in Shares) 5,095,665 5,068,949 5,095,665 3,255,887