| PROPERTY, PLANT AND EQUIPMENT |
| Note 4 |
PROPERTY, PLANT AND EQUIPMENT: |
Property, plant and equipment are as follows:
| | |
As of March 31, | |
| | |
2026 | | |
2025 | |
| Computers | |
$ | 834,616 | | |
$ | 697,206 | |
| Leasehold improvements | |
| 2,974,141 | | |
| 2,940,271 | |
| Machinery and equipment | |
| 9,016,604 | | |
| 8,534,831 | |
| Tools and dies | |
| 5,813,887 | | |
| 5,529,923 | |
| Furniture and fixtures | |
| 388,994 | | |
| 372,917 | |
| Website development cost | |
| 9,785 | | |
| 9,785 | |
| | |
$ | 19,038,027 | | |
$ | 18,084,933 | |
| | |
| | | |
| | |
| Less: accumulated depreciation and amortization | |
| (15,729,020 | ) | |
| (14,956,756 | ) |
| Property, plant and equipment, net | |
$ | 3,309,007 | | |
$ | 3,128,177 | |
Depreciation and amortization expense for the fiscal years
ended March 31, 2026 and 2025 was $772,264 and $744,802, respectively.
|