Segment Information (Tables)

9 Months Ended

Dec. 31, 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 and nine months ending December 31, 2022, and 2021:

Three Months Ended December 31, 2022	Avionics Government		Avionics Commercial		Avionics Total		Corporate Items			Total
Net sales	$	1,838,697	$	489,557	$	2,328,254	$	-		$	2,328,254
Cost of sales		1,041,984		392,563		1,434,547		-			1,434,547
Gross margin		796,713		96,994		893,707		-			893,707
Total expenses (income)						571,421		(174,737	)		396,684
Income before income taxes					$	322,286	$	174,737		$	497,023

Three Months Ended December 31, 2021	Avionics Government		Avionics Commercial		Avionics Total		Corporate Items			Total
Net sales	$	2,552,546	$	618,986	$	3,171,532	$	-		$	3,171,532
Cost of sales		1,366,699		397,040		1,763,739		-			1,763,739
Gross margin		1,185,847		221,946		1,407,793		-			1,407,793
Total expenses						761,250		405,473			1,166,723
Income (loss) before income taxes					$	646,543	$	(405,473	)	$	241,070

Nine Months Ended December 31, 2022	Avionics Government		Avionics Commercial		Avionics Total		Corporate Items			Total
Net sales	$	4,807,723	$	1,787,045	$	6,594,768	$	-		$	6,594,768
Cost of sales		2,971,200		1,341,205		4,312,405		-			4,312,405
Gross margin		1,836,523		445,840		2,282,363		-			2,282,363
Total expenses						2,042,165		642,257			2,684,422
Loss (income) before income taxes					$	240,198	$	(642,257	)	$	(402,059	)

Nine Months Ended  December 31, 2021	Avionics Government		Avionics  Commercial		Avionics Total		Corporate Items			Total
Net sales	$	9,031,812	$	1,882,975	$	10,914,787	$	-		$	10,914,787
Cost of sales		4,627,834		1,196,507		5,824,341		-			5,824,341
Gross margin		4,403,978		686,468		5,090,446		-			5,090,446
Total expenses						2,539,621		502,580			3,042,201
Income (loss) before income taxes					$	2,550,825	$	(502,580	)	$	2,048,245