Segment Information (Tables)

3 Months Ended

Jun. 30, 2022

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment [Table Text Block]

The tables below present information about reportable segments within the avionics business for the three months ending June 30, 2022, and 2021:

Three Months Ended June 30, 2022	Avionics Government		Avionics Commercial		Avionics Total		Corporate Items			Total
Net sales	$	1,604,150	$	649,607	$	2,253,757	$	-		$	2,253,757
Cost of sales		962,236		456,336		1,418,572		-			1,418,572
Gross margin		641,914		193,271		835,185		-			835,185
Engineering, research, and development						522,103		-			522,103
Selling, general and administrative						172,851		383,358			556,209
Litigation costs						-		724			724
Interest income						-		(986	)		(986	)
Interest expense – judgment						-		51,920			51,920
Total expenses						694,954		435,016			1,129,970
Income (loss) before income taxes					$	140,231	$	(435,016	)	$	(294,785	)

Three Months Ended June 30, 2021	Avionics Government		Avionics Commercial		Avionics Total		Corporate Items			Total
Net sales	$	3,569,603	$	562,790	$	4,132,393	$	-		$	4,132,393
Cost of sales		1,762,900		354,746		2,117,646		-			2,117,646
Gross margin		1,806,703		208,044		2,014,747		-			2,014,747
Engineering, research, and development						693,575		-			693,575
Selling, general and administrative						177,792		376,239			554,031
Litigation costs						-		1,181			1,181
Interest income						-		(984	)		(984	)
Other income						-		(13,593	)		(13,593	)
Interest expense - judgment						-		51,920			51,920
Total expenses (income)						871,367		414,763			1,286,130
Income (loss) before income taxes					$	1,143,380	$	(414,763	)	$	728,617