v3.26.1
COMMITMENTS AND CONTINGENCIES (Tables)
3 Months Ended
Jun. 30, 2026
Commitments and Contingencies Disclosure [Abstract]  
SCHEDULE OF RENT EXPENSE STRAIGHT-LINE BASIS

Rent expense is recorded on the straight-line basis and in cost of manufacturing in the unaudited condensed consolidated statements of operations. Rent expense is as follows:

 

Lease  2026   2025 
   For the Three Months Ended June 30, 
Lease  2026   2025 
Ludlow-144  $158,317   $154,777 
NBV-610   4,563    7,303 
SCHEDULE OF FUTURE MINIMUM RENTAL PAYMENTS

The table below shows the future minimum rental payments, exclusive of taxes, insurance and other costs:

 

Years ending March 31, 

Operating

Lease Amount

  

Financing

Lease Amount

   Total 
Remainder of 2027  $501,723   $359,494   $861,217 
2028   666,207    479,337    1,145,544 
2029   440,159    438,045    878,204 
2030       13,740    13,740 
Total future minimum lease payments   1,608,089    1,290,616    2,898,705 
Less: interest   (183,969)   (156,273)   (340,242)
Present value of lease payments  $1,424,120   $1,134,343   $2,558,463 
SCHEDULE OF WEIGHTED -AVERAGE REMAINING TERM AND THE WEIGHTED-AVERAGE DISCOUNT RATE

The weighted-average remaining lease term and the weighted-average discount rate of our leases were as follows:

 

   For the Three Months Ended June 30, 
Lease Term and Discount Rate  2026   2025 
Remaining lease term (years)          
Operating leases   2.4    3.4 
Finance leases   2.7    3.6 
Discount rate          
Operating leases   10.0%   10.0%
Finance leases   9.5%   9.5%