v3.26.1
COMMON AND PREFERRED STOCK TRANSACTIONS
12 Months Ended
Mar. 31, 2026
Equity [Abstract]  
COMMON AND PREFERRED STOCK TRANSACTIONS

NOTE 6 - COMMON AND PREFERRED STOCK TRANSACTIONS

 

  a. Common Stock

 

The Company has 12,000,000 authorized shares of common stock, no par value. At March 31, 2026, the total common shares issued was 9,781,828 and the total common shares outstanding was 9,707,960. As of March 31, 2025, the total common shares issued and outstanding was 10,182,853.

 

During the years ended March 31, 2026, and 2025, the Company had no option expense.

 

During the year ended March 31, 2026, the Company issued 6,668 shares of Rule 144 “restricted” common stock to Sean P. Iddings, our independent Board member as compensation for his services. During the year ended March 31, 2025, no common stock was issued for Board services or any other reason.

 

 

During the year ended March 31, 2026, the Company made the following repurchase transactions:

 

Date  Shares   Price   Total Consideration 
5/20/2025   23,747   $1.68   $39,894 
5/22/2025   8,333   $1.63   $13,607 
7/7/2025   83,333   $1.44   $120,007 
7/16/2025   16,666   $1.32   $22,007 
7/21/2025   1,583   $1.14   $1,802 
7/22/2025   1,917   $1.19   $2,284 
7/23/2025   2,000   $1.13   $2,263 
7/24/2025   2,167   $1.08   $2,347 
7/25/2025   2,167   $1.07   $2,321 
7/28/2025   201,514   $1.08   $217,400 
7/29/2025   988   $1.32   $1,303 
8/22/2025   5,458   $1.56   $8,516 
9/19/2025   4,167   $1.56   $6,507 
9/30/2025   8,647   $1.38   $11,933 
10/28/2025   250   $1.50   $383 
12/1/2025   10,873   $1.34   $14,620 
12/4/2025   417   $1.44   $600 
12/8/2025   2,031   $1.50   $3,046 
12/10/2025   14,123   $1.32   $18,643 
12/10/2025   133   $1.32   $176 
12/12/2025   458   $1.47   $676 
12/19/2025   2,500   $1.44   $3,607 
12/23/2025   917   $1.56   $1,431 
12/29/2025   1,571   $1.56   $2,458 
1/9/2026   1,667   $1.59   $2,647 
1/26/2026   35,566   $1.38   $49,081 
2/2/2026   1,110   $1.62   $1,797 
2/11/2026   1,250   $1.26   $1,575 
2/19/2026   1,667   $1.50   $2,505 
2/26/2026   16,667   $1.44   $24,007 
3/13/2026   8,134   $1.61   $13,135 
3/27/2026   11,207   $1.68   $18,834 
3/31/2026   8,333   $1.79   $14,907 
                
Total   481,561        $626,319 

 

During the year ended March 31, 2026, the Company cancelled 319,681 shares of Treasury stock.

 

During the year ended March 31, 2025, the Company repurchased 211,977 shares common stock for total consideration of $547,713.

 

  b. Preferred Stock

 

The Company has 20,000,000 authorized shares of preferred stock. As of March 31, 2026, and March 31, 2025, there were no preferred shares issued or outstanding.

 

As of March 31, 2026, and 2025, the Company had no dilutive instruments outstanding.