| Summary of financial information for segments |
| | | | | | | | | | | | | | | | | | | | | March 31, 2025 | | March 31, 2024 | | | Ranor | | Stadco | | Total | | Ranor | | Stadco | | Total | Revenue | | $ | 18,165 | | $ | 15,998 | | $ | 34,163 | | $ | 17,821 | | $ | 14,567 | | $ | 32,388 | Intersegment elimination | | | — | | | (132) | | | (132) | | | (442) | | | (355) | | | (797) | Revenue, net | | | 18,165 | | | 15,866 | | | 34,031 | | | 17,379 | | | 14,212 | | | 31,591 | Cost of revenue | | | 12,491 | | | 17,211 | | | 29,702 | | | 12,918 | | | 14,555 | | | 27,473 | Selling, general, and administrative (1)(3) | | | 2,545 | | | 3,298 | | | 5,843 | | | 2,260 | | | 3,125 | | | 5,385 | Profit (loss) from operations | | | 3,129 | | | (4,643) | | | (1,514) | | | 2,201 | | | (3,468) | | | (1,267) | Reconciliation of profit or loss: | | | | | | | | | | | | | | | | | | | Unallocated items: | | | | | | | | | | | | | | | | | | | Corporate general costs (2) | | | — | | | — | | | (225) | | | — | | | — | | | (398) | Costs related to terminated acquisition | | | — | | | — | | | (419) | | | — | | | — | | | (2,967) | Consolidated operating loss | | | — | | | — | | | (2,158) | | | — | | | — | | | (4,632) | Other income (expense), net | | | — | | | — | | | (51) | | | — | | | — | | | 43 | Interest expense | | | — | | | — | | | (541) | | | — | | | — | | | (521) | Consolidated loss before income taxes | | | | | | | | $ | (2,750) | | | | | | | | $ | (5,110) | Total assets | | $ | 11,781 | | $ | 21,746 | | $ | 33,527 | | $ | 12,327 | | $ | 22,420 | | $ | 34,747 | Property, plant and equipment, net | | | 7,247 | | | 6,544 | | | 13,791 | | | 7,271 | | | 7,527 | | | 14,798 | Depreciation and amortization | | | 1,044 | | | 1,752 | | | 2,796 | | | 700 | | | 1,729 | | | 2,429 | Capital expenditures | | | 4,052 | | | 70 | | | 4,122 | | | 3,198 | | | 32 | | | 3,230 |
| (1) | Corporate overhead costs such as executive and sales compensation, and other corporate facilities and administrative expenses are allocated equally to the segments. |
| (2) | Corporate general costs include executive and director compensation, stock-based compensation expense, and other corporate administrative expenses not allocated to the segments. |
| (3) | Prior period data is restated to reflect changes in corporate and administrative expenses allocated to the segments. |
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