Cash Bonus Plan |
12 Months Ended | ||
|---|---|---|---|
Mar. 31, 2026 | |||
| Cash Bonus Plan [Abstract] | |||
| CASH BONUS PLAN |
In 1987, the Company adopted a cash bonus plan (the “Cash Bonus Plan”) for non-union, management and administration staff. Unless otherwise approved by the Company’s Compensation Committee of the Board of Directors, contributions to the Cash Bonus Plan will only be funded by the Company for payment of bonuses with respect to any fiscal year, when the Company is profitable for such fiscal year. Bonus expense recorded for each of the years ended March 31, 2026 and 2025 was $398,975 and $386,570, respectively. As of March 31, 2026 and 2025, the Company’s accrued bonus was $338,266 and $330,000, respectively. The Company paid the bonus amounts accrued as of March 31, 2026 and 2025 during June 2026 and June 2025, respectively. |