Annual report [Section 13 and 15(d), not S-K Item 405]

Prepaid Expenses and Other Current Assets

v3.25.2
Prepaid Expenses and Other Current Assets
 12 Months Ended
Mar. 31, 2025
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Prepaid Expenses and Other Current Assets

NOTE 6 – Prepaid Expenses and Other Current Assets

 

Prepaid expenses and other current assets consist of the following:

           
    March 31,  
    2025     2024  
Prepaid insurance   $ 236,000     $ 340,000  
VAT prepaid to Mexican tax authorities     1,531,000       3,096,000  
Other prepaid expenses and other current assets     148,000       105,000  
Total prepaid expenses and other current assets   $ 1,915,000     $ 3,541,000