Note 8 - Leases

3 Months Ended

Jun. 30, 2026

Notes to Financial Statements

Lessee, Operating Leases [Text Block]

NOTE 8 – LEASES

We lease our office and manufacturing facility under a non-cancellable operating lease, which expires on June 30, 2028. The following is a maturity analysis of the annual undiscounted cash flows of the operating lease liabilities as of June 30, 2026:

For the fiscal year ended:		Amount
March 31, 2027		$	80,154
March 31, 2028			106,872
March 31, 2029 (ends June 30, 2029)			26,718


Thereafter			-
Total future minimum lease payments		$	213,744
Less: Amount attributable to imputed interest			(9,896	)
Present value of future minimum lease payments		$	203,848

As of June 30, 2026, weighted average remaining lease term was 2.0 years.

Weighted average discount rate was 5.0%.

Rent and real estate tax expense for all facilities for the three months ended June 30, 2026 was approximately $37,747.

Rent and real estate tax expense for all facilities for the three months ended June 30, 2025 was approximately $37,747.

These are reported as a component of cost of sales and selling, general and administrative expenses in the accompanying statements of operations.