Cash Bonus Plan |
3 Months Ended | ||
|---|---|---|---|
Jun. 30, 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. As of June 30, 2026, and March 31, 2026, the Company’s accrued bonus was $110,484 and $338,266 respectively, which is included in other current liabilities on the accompanying condensed balance sheets. Bonus expense recorded for the three months ended June 30, 2026 and 2025 was $107,228 and $94,363, respectively. |