Quarterly report [Sections 13 or 15(d)]

Condensed Consolidated Balance Sheet (Tables)

v3.25.4
Condensed Consolidated Balance Sheet (Tables)
 9 Months Ended
Dec. 31, 2025
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Schedule of inventories, net
       
    December 31,   March 31,
    2025   2025
Raw materials   $ 2,068,000     $ 1,395,000  
Finished goods     1,951,000       1,818,000  
Inventories, gross     4,019,000       3,213,000  
Less: allowance for obsolete and excess inventory     (316,000 )     (298,000 )
Total inventories, net   $ 3,703,000     $ 2,915,000  
Schedule of lease information
       
    December 31,   March 31,
    2025   2025
Operating leases:                
Operating lease right-of-use assets   $ 642,000     $ 84,000  
Operating lease liabilities – current     146,000       58,000  
Operating lease liabilities – non-current     509,000       27,000  

 

Other information related to leases is presented below:

 

Nine Months Ended December 31, 2025    
Operating lease cost   $ 285,000  
Other information:        
Operating cash flows from operating leases   $ (553,000 )
Weighted-average remaining lease term – operating leases (in months)     46.5  
Weighted-average discount rate – operating leases     10.6%  
Schedule of minimum lease payments of operating lease liabilities
   
For Years Ending March 31,    
2026 (excluding the nine months ended December 31, 2025)   $ 51,000  
2027     210,000  
2028     208,000  
2029     169,000  
2030     162,000  
Thereafter     12,000  
Total future minimum lease payments, undiscounted     812,000  
Less: imputed interest     (157,000 )
Present value of future minimum lease payments   $ 655,000