| PROPERTY, PLANT AND EQUIPMENT |
| Note 4 |
PROPERTY, PLANT AND EQUIPMENT: |
Property, plant and equipment are as follows:
| | |
As of March 31, | |
| | |
2025 | | |
2024 | |
| Computers | |
$ | 697,206 | | |
$ | 668,558 | |
| Leasehold improvements | |
| 2,940,271 | | |
| 2,938,171 | |
| Machinery and equipment | |
| 8,534,831 | | |
| 8,128,945 | |
| Tools and dies | |
| 5,529,923 | | |
| 5,436,350 | |
| Furniture and fixtures | |
| 372,917 | | |
| 370,760 | |
| Website development cost | |
| 9,785 | | |
| 9,785 | |
| | |
$ | 18,084,933 | | |
$ | 17,552,569 | |
| | |
| | | |
| | |
| Less: accumulated depreciation and amortization | |
| (14,956,756 | ) | |
| (14,211,954 | ) |
| Property, plant and equipment, net | |
$ | 3,128,177 | | |
$ | 3,340,615 | |
Depreciation and amortization expense for the fiscal years
ended March 31, 2025 and 2024 was $744,802 and $871,619, respectively.
|