Note 7 - Leases

12 Months Ended

Mar. 31, 2025

Lessee, Operating and Finance Leases [Text Block]

NOTE 7 – LEASES

We lease our office and manufacturing facility under a non-cancelable operating lease, which expires on June 30, 2028. The following is a maturity analysis of the annual undiscounted cash flows of the operating lease liabilities as of March 31, 2025:

	For the fiscal year ended:	Amount

FY 2026	March 31, 2026		$	106,872
FY 2027	March 31, 2027			106,872
FY 2028	March 31, 2028			106,872
FY 2029	March 31, 2029	ends June 30, 2029		26,718
				347,334
	Less: Amount attributable to imputed interest			(26,033	)
			$	321,301


	Weighted average remaining lease term (in years)			2.2
	Weighted average discount rate			5	%

Rent and real estate tax expense for all facilities for the years ended March 31, 2025 and 2024 was approximately $128,534 and $140,300 respectively, and are reported as a component of cost of sales and selling, general and administrative expenses in the accompanying consolidated statement of operations. The Company paid $105,625 in lease payments during the year.