Note 8 - Other Commitments and Contingencies |
12 Months Ended | ||
|---|---|---|---|
Mar. 31, 2025 | |||
| Notes to Financial Statements | |||
| Commitments and Contingencies Disclosure [Text Block] |
From time to time, the Company may be involved in litigation and investigations relating to claims and matters arising out of its operations in the normal course of business. There were no significant legal matters outstanding at March 31, 2025.
As of March 31, 2025 and 2024, the Company had purchase obligations of $1,215,000 and $808,000, respectively, including agreements to purchase goods or services that are enforceable, are legally binding and specify all significant terms, including fixed or minimum quantities to be purchased; fixed, minimum or variable price provisions; and the approximate timing of the transaction. The term of the minimum purchase agreement is for years, expiring in June 2034 and purchase obligations do not include agreements that are cancelable without penalty.
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