Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheet (Tables)

v3.24.0.1
Condensed Consolidated Balance Sheet (Tables)
 9 Months Ended
Dec. 31, 2023
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Schedule of inventories
           
    December 31,     March 31,  
    2023     2023  
Raw materials   $ 1,507,000     $ 1,764,000  
Finished goods     1,448,000       1,094,000  
Inventories, net   $ 2,955,000     $ 2,858,000  
Schedule of lease information
           
    December 31,     March 31,  
    2023     2023  
Operating leases:            
Operating lease right-of-use assets   $ 341,000     $ 418,000  
Operating lease liabilities – current     181,000       256,000  
Operating lease liabilities – non- current     160,000       162,000  

 

Other information related to leases is presented below:

 

Nine Months Ended December 31, 2023      
Operating lease cost   $ 328,000  
Other information:        
Operating cash flows from operating leases     (99,000 )
Weighted-average remaining lease term – operating leases (in months)     21.5  
Weighted-average discount rate – operating leases     6.00%  
Schedule of minimum operating lease liabilities
     
For Years Ending March 31,      
2024 (excluding the nine months ended December 31, 2023)   $ 38,000  
2025     134,000  
2026     175,000  
2027     34,000  
Total future minimum lease payments, undiscounted     381,000  
Less: imputed interest     (40,000 )
Present value of future minimum lease payments   $ 341,000