Income Taxes (Tables)

12 Months Ended

Mar. 31, 2024

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

Income tax provision (benefit):

	Fiscal Year Ended
	March 31,		March 31,
	2024		2023
Current:
Federal	$	-	$	-
State and local		665		211
Total current tax provision		665		211
Deferred:
Federal		146,595		(120,422	)
State and local		30,683		(7,926	)
Total deferred tax provision (benefit)		177,278		(128,348	)
Total provision (benefit)	$	177,943	$	(128,137	)

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

The approximate values of the components of the Company’s deferred taxes on March 31, 2024, and 2023 are as follows:

	March 31,			March 31,
	2024			2023
Deferred tax assets (liabilities):
Net operating loss carryforwards	$	1,234,075		$	566,694
Tax credits		342,218			329,032
Charitable contributions		53			54
Legal damages		-			1,363,176
Allowance for credit losses		1,817			1,372
Reserve for inventory obsolescence		81,609			98,608
Vacation accrual		35,396			35,025
Warranty reserve		18,565			18,732
Deferred revenues		25,388			63,651
Stock options		-			16,001
Gain on Sale of Asset		350			354
Depreciation		13,052			5,986
174 Capitalization		835,914			229,250
Deferred tax asset		2,588,437			2,727,935
Less valuation allowance		(137,780	)		(100,000	)
Deferred tax asset, net	$	2,450,657		$	2,627,935

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

A reconciliation of the income tax expense (benefit) provision at the statutory Federal tax rate of 21% for the years ended March 31, 2024, and 2023, respectively, to the income tax benefit provision recognized in the financial statements is as follows:

	March 31,			March 31,
	2024			2023
Income tax provision – statutory rate	$	109,165		$	(108,503	)
Income tax expenses – state and local, net of federal benefit		(170	)		(3,966	)
Permanent items		2,335			(126,355	)
Valuation Allowance		37,780			-
Rate changes		19,103			(21,942	)
True ups		9,730			132,629
Income tax provision (benefit)	$	177,943		$	(128,137	)