Annual report pursuant to Section 13 and 15(d)

Leases (Tables)

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Leases (Tables)
 12 Months Ended
Mar. 31, 2024
Leases  
Schedule of lease information
           
    March 31,     March 31,  
    2024     2023  
Operating leases:                
Operating lease right-of-use assets   $ 286,000     $ 418,000  
Operating lease liabilities – current     198,000       256,000  
Operating lease liabilities – non-current     87,000       162,000  

 

Other information related to leases is presented below:

 

   

Year ended

March 31, 2024

     Year ended
March 31, 2023		  
Lease cost                
Operating lease cost   $ 380,000     $ 385,000  
Other information:                
Operating cash flows from operating leases   $ (161,000 )   $ (173,000 )
Weighted-average remaining lease term – operating leases (in months)     19.7       19.4  
Weighted-average discount rate – operating leases     6%       6%  
Schedule of minimum operating lease liabilities
     
For Years Ending March 31,      
       
2025   $ 227,000  
2026     68,000  
2027     15,000  
Thereafter     9,000  
Total future minimum lease payments, undiscounted     319,000  
Less: imputed interest     (34,000 )
Total lease liability   $ 285,000