Business, Organization, and Liquidity	12 Months Ended
Mar. 31, 2024
Accounting Policies [Abstract]
Basis of Accounting [Text Block]	1. Business, Organization, and Liquidity Business and Organization Tel-Instrument Electronics Corp. (“Tel,” “TIC,” or the “Company”) has been in business since 1947. The Company is a leading designer and manufacturer of avionics test and measurement instruments for the global, commercial air transport, general aviation, and government/military defense markets. Tel provides instruments to test, measure, calibrate, and repair a wide range of airborne navigation and communication equipment. The Company sells its equipment in both domestic and international markets. Tel continues to develop new products in anticipation of customers’ needs and to maintain its strong market position. Its development of multi-function testers has made it easier for customers to perform ramp tests with less operator training, fewer test sets, and lower product support costs. The Company has become a major manufacturer and supplier of Identification Friend or Foe (“IFF”) flight line test equipment over the last two decades. Liquidity On March 31, 2024, the Company had positive working capital of $4,249,777 as compared to working capital of $3,058,638 on March 31, 2023. The Company has approximately $132,000 of cash on hand at year-end. During September 2023, after the company losing the Aeroflex appeal, paid in full all judgements and interest of approximately $6.6 million. On April 1, 2023, Bank of America further extended the maturity date of our line of credit from June 30, 2024 to July 31, 2024. Additionally, the line of credit available was increased from $690,000 to $1,000,000. Bank of America will begin the line of credit renewal process in the coming weeks. The Company believes it has sufficient cash on hand and expected cash flow from operations for the next twelve months due to the increase in business and the opportunities we have included in our projections. The Company’s operating profit will continue to improve, as well as our net income with the conclusion of the Aeroflex interest bearing judgment. In September 2023, the Company raised $721,000 from the issuance of Preferred Stock. The Company entered into a definitive subscription agreement pursuant to which an accredited investor purchased 66,667 shares of the Company’s Series B Preferred Stock (the “Series B Preferred”) for $400,000. These funds were used for working capital purposes to support the orders received and expected in the near term. The Company also entered into a definitive subscription agreement pursuant to which two accredited investors purchased 53,500 shares of the Company’s Series C Preferred Stock (the “Series C Preferred”) in total for $321,000. These funds were used for working capital purposes to support the orders received and expected in the near term (one accredited investor is a member of the Board of Directors who invested $171,000 and the other accredited investor is a related party who invested $150,000). There was an increase in our receipt of new orders with an open order back log of $7.2 million at March 31, 2024 as compared to the Company’s backlog at March 31, 2023 was $6.5 million. In June 2024, the Company’s CEO provided a short term advance totaling $20,500. Based on the foregoing, we believe that our expected cash flows from operations, and fulfillment of our $7.2 million open orders will be sufficient to operate in the normal course of business for next 12 months from the issuance date of these financial statements.

Business, Organization, and Liquidity

12 Months Ended

Mar. 31, 2024

1. Business, Organization, and Liquidity

Business and Organization

Tel-Instrument Electronics Corp. (“Tel,” “TIC,” or the “Company”) has been in business since 1947. The Company is a leading designer and manufacturer of avionics test and measurement instruments for the global, commercial air transport, general aviation, and government/military defense markets. Tel provides instruments to test, measure, calibrate, and repair a wide range of airborne navigation and communication equipment. The Company sells its equipment in both domestic and international markets. Tel continues to develop new products in anticipation of customers’ needs and to maintain its strong market position. Its development of multi-function testers has made it easier for customers to perform ramp tests with less operator training, fewer test sets, and lower product support costs. The Company has become a major manufacturer and supplier of Identification Friend or Foe (“IFF”) flight line test equipment over the last two decades.

Liquidity

On March 31, 2024, the Company had positive working capital of $4,249,777 as compared to working capital of $3,058,638 on March 31, 2023. The Company has approximately $132,000 of cash on hand at year-end. During September 2023, after the company losing the Aeroflex appeal, paid in full all judgements and interest of approximately $6.6 million.

On April 1, 2023, Bank of America further extended the maturity date of our line of credit from June 30, 2024 to July 31, 2024. Additionally, the line of credit available was increased from $690,000 to $1,000,000. Bank of America will begin the line of credit renewal process in the coming weeks. The Company believes it has sufficient cash on hand and expected cash flow from operations for the next twelve months due to the increase in business and the opportunities we have included in our projections. The Company’s operating profit will continue to improve, as well as our net income with the conclusion of the Aeroflex interest bearing judgment.

In September 2023, the Company raised $721,000 from the issuance of Preferred Stock. The Company entered into a definitive subscription agreement pursuant to which an accredited investor purchased 66,667 shares of the Company’s Series B Preferred Stock (the “Series B Preferred”) for $400,000. These funds were used for working capital purposes to support the orders received and expected in the near term. The Company also entered into a definitive subscription agreement pursuant to which two accredited investors purchased 53,500 shares of the Company’s Series C Preferred Stock (the “Series C Preferred”) in total for $321,000. These funds were used for working capital purposes to support the orders received and expected in the near term (one accredited investor is a member of the Board of Directors who invested $171,000 and the other accredited investor is a related party who invested $150,000).

There was an increase in our receipt of new orders with an open order back log of $7.2 million at March 31, 2024 as compared to the Company’s backlog at March 31, 2023 was $6.5 million.

In June 2024, the Company’s CEO provided a short term advance totaling $20,500.

Based on the foregoing, we believe that our expected cash flows from operations, and fulfillment of our $7.2 million open orders will be sufficient to operate in the normal course of business for next 12 months from the issuance date of these financial statements.