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SCHEDULE II — VALUATION AND QUALIFYING ACCOUNTS
FRIEDMAN INDUSTRIES, INCORPORATED
(In thousands)
| Description | | Balance at | | | | | | | | | | | | | |
| | | Beginning | | | | | | | | | | | Balance at | |
| | | of Period | | | Additions (A) | | | Deductions (B) | | | End of Period | |
| Year ended March 31, 2025 | | | | | | | | | | | | | | | | |
| Allowance for credit losses and cash discounts (deducted from related asset account) | | $ | 97 | | | $ | 50 | | | | — | | | $ | 147 | |
| Year ended March 31, 2024 | | | | | | | | | | | | | | | | |
| Allowance for credit losses and cash discounts (deducted from related asset account) | | $ | 183 | | | $ | — | | | | (86 | ) | | $ | 97 | |
| (A) | Additions consist of charges to bad debt expense of approximately $50 in fiscal 2025. |
| (B) | Deductions consist of accounts receivable written off of approximately $38, accompanied with collections of previously reserved accounts of $48 for fiscal 2024. |
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