v3.26.1
Note 11 - Income Tax Provision (Tables)
12 Months Ended
Mar. 31, 2026
Notes Tables  
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]
  

Year Ended March 31,

 
  

2026

  

2025

 

Loss before income taxes:

        

Domestic

 $(2,644) $(6,434)

Foreign

  -   - 

Total loss before income taxes

 $(2,644) $(6,434)

The provision for income taxes consisted of the following:

        

Current

        

U.S. Federal

 $-  $- 

State

  17   24 

Foreign

  -   - 

Total Current

  17   24 
         

Deferred:

        

U.S. Federal

  (209)  (899)

State

  (851)  (163)

Foreign

  -   - 

Total Deferred

  (1,060)  (1,062)

Valuation allowance

  1,043   1,062 

Total provision for income taxes

 $-  $24 
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]
  

Year Ended March 31, 2026

 
         

Income taxes computed at Federal statutory rate

 $(555)  21.00%

State and local income taxes, net of federal income tax effect (a)

  179   (6.78)%

Valuation allowance

  209   (7.92)%

Other

  167   (6.30)%

Total provision for taxes

 $-   0.00%

(a) State taxes in California make up the majority of the tax effect in this category

        
         
  

Year Ended

 
  

March 31, 2025

 
     

Income taxes computed at Federal statutory rate

 $(1,291)

State tax — net of federal benefit

  (174)

Federal NOL true-up

  31 

Change in valuation allowance

  1,063 

Stock compensation

  181 

Other

  214 

Total provision for income taxes

 $24 
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]
  

Year Ended March 31,

 
  

2026

  

2025

 

Deferred tax assets:

        

Net operating loss carryforwards

 $4,579  $3,732 

Reserves and allowances

  71   20 

Accrued liabilities

  176   151 

Charitable contribution carryforward

  1,083   946 

Gross deferred tax assets

  5,909   4,849 

Valuation allowance

  (5,909)  (4,849)

Net deferred tax liability

 $-  $-