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Segment Information (Tables)
6 Months Ended
Sep. 30, 2023
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 six months ended September 30, 2023, and 2022:

Three Months Ended

September 30, 2023

 

Avionics

Government

   

Avionics

Commercial

   

Avionics

Total

   

Corporate

Items

   

Total

 

Net sales

  $ 1,108,425     $ 456,669     $ 1,565,094     $ -     $ 1,565,094  

Cost of sales

    773,358       432,252       1,205,610       -       1,205,610  

Gross margin

    335,067       24,417       359,484       -       359,484  
                                         

Total expenses

                    512,603       455,285       967,888  

Loss before income taxes

                  $ (153,119

)

  $ (455,285

)

  $ (608,404

)

 

Three Months Ended

September 30, 2022

 

Avionics

Government

   

Avionics

Commercial

   

Avionics

Total

   

Corporate

Items

   

Total

 

Net sales

  $ 1,364,876     $ 647,882     $ 2,012,758     $ -     $ 2,012,758  

Cost of sales

    966,980       492,306       1,459,286       -       1,459,286  

Gross margin

    397,896       155,576       553,472       -       553,472  
                                         

Total expenses

                    775,789       381,979       1,157,768  

Loss before income taxes

                  $ (222,317

)

  $ (381,979

)

  $ (604,296

)

Six Months Ended

September 30, 2023

 

Avionics

Government

   

Avionics

Commercial

   

Avionics

Total

   

Corporate

Items

   

Total

 

Net sales

  $ 3,086,237     $ 1,345,787     $ 4,432,024     $ -     $ 4,432,024  

Cost of sales

    1,759,396       1,018,594       2,777,990       -       2,777,990  

Gross margin

    1,326,841       327,193       1,654,034       -       1,654,034  
                                         

Total expenses

                    991,950       894,646       1,886,596  

Income (loss) before income taxes

                  $ 662,084     $ (894,646

)

  $ (232,562

)

Six Months Ended

September 30, 2022

 

Avionics

Government

   

Avionics

Commercial

   

Avionics

Total

   

Corporate

Items

   

Total

 

Net sales

  $ 2,969,026     $ 1,297,489     $ 4,266,515     $ -     $ 4,266,515  

Cost of sales

    1,929,216       948,642       2,877,858       -       2,877,858  

Gross margin

    1,039,810       348,847       1,388,657       -       1,388,657  
                                         

Total expenses

                    1,470,742       816,996       2,287,738  

Loss before income taxes

                  $ (82,085

)

  $ (816,996

)

  $ (899,081

)