v3.26.3
Pay vs Performance Disclosure - USD ($)
12 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Mar. 31, 2024
Pay vs Performance Disclosure      
Pay vs Performance Disclosure, Table

Pay Versus Performance Table

 

The following table sets forth information concerning the compensation of our Chief Executive Officer, Mr. Grossblatt (referred to in the table below as “PEO”) and the average compensation for our other Named Executive Officers (“NEOs”), Mr. Huff (our CFO), as reported in the Summary Compensation Table and with certain adjustments to reflect the “compensation actually paid” to such individuals, as defined under SEC rules, for each of the fiscal years ended March 31, 2024, 2025 and 2026 and net income (loss) over such years, in each case determined in accordance with SEC rules:

 

Year   Summary
Compensation
Table
Total for PEO
(1)
    Compensation
Actually Paid
to PEO
    Average
Summary
Compensation
Table
Total for
Non-PEO
NEOs
(2)
  Average
Compensation
Actually Paid
to Non-PEO
NEOs
    Value of
Initial Fixed
$100
Investment
Based On:
Total
Shareholder
Return (3)
  Net
Income
(Loss) (in
thousands)
(4)
 
(a)   (b)     (c)     (d)   (e)     (f)   (g)  
2026   $ 513,504     $ 513,504     $ ____   $ ____     $ __   $ (2,486 )
2025   $ 433,280     $ 433,280     $ 216,552   $ 216,552     $ 94   $ 501  
2024   $ 423,448     $ 423,448     $ 217,387   $ 217,387     $ 37   $ (396 )

 

  (1) The amounts reported in column (b) are the amounts of total compensation reported for our President and Chief Executive Officer (our PEO) for each corresponding year in the “Total” column of the Summary Compensation Table.

  (2) The amounts reported in column (d) represent the average of the amounts reported for our named executive officers as a group (excluding our CEO) in the “Total” column of the Summary Compensation Table in each applicable year.

  (3) “Total Shareholder Return” represents our cumulative total stockholder return during each measurement period and is calculated by dividing the sum of (i) the difference between the share price of our common stock at the end and the beginning of the measurement period, plus (ii) the cumulative amount of dividends paid on our common stock for the measurement period, assuming dividend reinvestment, by the share price of our common stock at the beginning of the measurement period. Each amount assumes that $100 was invested in our common stock on April 1, 2024, and dividends if any, were reinvested for additional shares.

  (4) The amounts reported represent the amount of net income (loss) (in thousands) reflected in our audited consolidated financial statements for the applicable year.
   
Named Executive Officers, Footnote
  (1) The amounts reported in column (b) are the amounts of total compensation reported for our President and Chief Executive Officer (our PEO) for each corresponding year in the “Total” column of the Summary Compensation Table.
  (2) The amounts reported in column (d) represent the average of the amounts reported for our named executive officers as a group (excluding our CEO) in the “Total” column of the Summary Compensation Table in each applicable year.
   
PEO Total Compensation Amount $ 513,504 $ 433,280 $ 423,448
PEO Actually Paid Compensation Amount 513,504 433,280 423,448
Non-PEO NEO Average Total Compensation Amount   216,552 217,387
Non-PEO NEO Average Compensation Actually Paid Amount   216,552 217,387
Total Shareholder Return Amount   94 37
Net Income (Loss) $ (2,486,000) $ 501,000 $ (396,000)
PEO Name Mr. Grossblatt