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$24.78M
Revenue
$13.83M
Net Income
80.33%
Gross Margin
59.11%
Op. Margin
$24.04M
Free Cash Flow
Financial Statements Annual (10-K)
Showing 5 of 13 annual reports available (2011 - 2024)
Breakdown TTM
(Sep 30, 2025)
FY 2024
(Mar 31, 2025)
FY 2023
(Mar 31, 2024)
FY 2022
(Mar 31, 2023)
FY 2021
(Mar 31, 2022)
FY 2020
(Mar 31, 2021)
+ Total Revenue $24.78M $25.87M $29.80M $38.25M $26.99M $21.37M
Revenue Growth % -4.2% -13.2% -22.1% 41.7% 26.3% nan%
Cost of Revenue $4.87M $4.24M $6.77M $8.06M $6.26M $4.12M
+ Gross Profit $19.91M $21.64M $23.03M $30.19M $20.72M $17.24M
Gross Margin % 80.3% 83.6% 77.3% 78.9% 76.8% 80.7%
Operating Expenses $5.26M $5.64M $4.51M $4.55M $4.40M $4.50M
Research & Development $3.50M $3.64M $2.73M $2.58M $2.93M $3.18M
Selling General & Admin - - - - $1.47M $1.32M
+ Operating Income $14.65M $15.99M $18.52M $25.64M $16.33M $12.74M
Operating Margin % 59.1% 61.8% 62.1% 67.0% 60.5% 59.6%
Interest Income $1.93M $1.91M $1.95M $1.45M $1.17M $1.50M
Income Before Tax $16.72M $18.04M $20.47M $27.09M $17.50M $14.24M
Income Tax Expense $2.90M $2.97M $3.34M $4.40M $2.99M $2.55M
+ Net Income $13.83M $15.06M $17.12M $22.69M $14.51M $11.69M
Net Margin % 55.8% 58.2% 57.5% 59.3% 53.8% 54.7%
Basic EPS 2.86 3.12 3.54 4.70 3.00 2.42
Diluted EPS 2.85 3.11 3.54 4.70 3.00 2.42
Basic Shares Outstanding 4.8M 4.8M 4.8M 4.8M 4.8M 4.8M
Diluted Shares Outstanding 4.8M 4.8M 4.8M 4.8M 4.8M 4.8M
Breakdown FY 2024
(Mar 31, 2025)
FY 2023
(Mar 31, 2024)
FY 2022
(Mar 31, 2023)
FY 2021
(Mar 31, 2022)
FY 2020
(Mar 31, 2021)
Cash & Cash Equivalents $8.04M $10.28M $1.67M $10.45M $10.43M
Short-term Investments $13.69M $11.92M $15.51M $20.84M $7.68M
Accounts Receivable $3.59M $3.14M $6.52M $4.70M $1.96M
Inventory $7.45M $7.16M $6.42M $5.09M $3.90M
Other Current Assets - - - $420.52K $391.28K
Total Current Assets $33.20M $33.19M $30.79M $41.50M $24.36M
Property Plant & Equipment - - - $606.38K $336.68K
Long-term Investments $26.30M $30.79M $36.13M $24.31M $47.04M
Total Assets $64.28M $66.78M $69.26M $67.47M $72.50M
Accounts Payable $214.69K $127.15K $281.71K $943.53K $336.59K
Accrued Liabilities $871.17K $729.22K $1.38M $1.36M -
Total Current Liabilities $1.17M $1.04M $1.83M $2.46M $1.03M
Total Liabilities $2.01M $1.21M $2.18M $2.90M $1.61M
Common Stock $48.37K $48.34K $48.31K $48.31K $48.33K
Retained Earnings $42.47M $46.74M $48.95M $45.58M $50.40M
Total Stockholders Equity $62.27M $65.57M $67.08M $64.57M $70.89M
Total Liabilities & Equity $64.28M $66.78M $69.26M $67.47M $72.50M
Breakdown TTM
(Sep 30, 2025)
FY 2024
(Mar 31, 2025)
FY 2023
(Mar 31, 2024)
FY 2022
(Mar 31, 2023)
FY 2021
(Mar 31, 2022)
FY 2020
(Mar 31, 2021)
Net Income $21.95M $15.06M $17.12M $22.69M $14.51M $11.69M
Depreciation & Amortization - $324.23K $308.15K $257.61K $424.98K $542.93K
Stock-based Compensation - - - - $81.86K $45.57K
Deferred Income Tax - - - - $24.46K $-129.16K
Change in Receivables $-2.04M $444.44K $-3.37M $1.82M $2.74M $-729.74K
Change in Inventory $264.54K $290.50K $741.58K $1.33M $1.19M $16.33K
Operating Cash Flow $27.48M $14.31M $18.25M $19.09M $12.50M $13.36M
Capital Expenditure $3.44M $1.26M $16.73K $935.79K $484.58K $62.73K
Purchases of Investments $31.50M $11.28M $6.10M $28.44M - $10.51M
Investing Cash Flow $-3.74M $2.67M $9.58M $-8.53M $7.02M $8.42M
Stock Repurchased - - - $20.70K $163.52K $91.42K
Dividends Paid $33.85M $19.34M $19.33M $19.32M $19.33M $19.34M
Financing Cash Flow $-33.74M $-19.23M $-19.21M $-19.34M $-19.50M $-19.43M
Net Change in Cash - - - - $22.17K $2.36M
SEC Filing Format - Data shown as it appears in the Q2 2026 (10-Q) filing Period ended: Sep 30, 2025
Condensed Consolidated Statements of Operations
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Total Revenue $6.35M - $12.45M -
Cost of Revenue $1.38M - $2.56M -
Gross Profit $4.97M - $9.89M -
Operating Expenses $1.31M - $2.45M -
Research & Development $873.47K - $1.59M -
Operating Income $3.66M - $7.44M -
Interest Income $484.33K - $982.54K -
Income Before Tax $4.15M - $8.43M -
Income Tax Expense $834.70K - $1.54M -
Net Income $3.31M $4.10M $6.89M -
Basic EPS 0.68 - 1.42 -
Diluted EPS 0.68 - 1.42 -
Basic Shares Outstanding $4.84M - $4.84M -
Diluted Shares Outstanding $4.84M - $4.84M -
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Mar 31, 2025
Cash & Cash Equivalents $5.11M $8.04M
Short-term Investments $12.64M $13.69M
Accounts Receivable $2.44M $3.59M
Inventory $7.42M $7.45M
Total Current Assets $28.77M $33.20M
Long-term Investments $27.84M $26.30M
Total Assets $61.49M $64.28M
Accounts Payable $229.53K $214.69K
Accrued Liabilities $585.39K $871.17K
Total Current Liabilities $970.72K $1.17M
Total Liabilities $1.78M $2.01M
Common Stock $48.37K $48.37K
Retained Earnings $39.68M $42.47M
Total Stockholders Equity $59.71M $62.27M
Total Liabilities & Equity $61.49M $64.28M
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $3.31M $4.10M $6.89M -
Change in Receivables - - $-1.15M -
Change in Inventory - - $-30.24K -
Operating Cash Flow - - $7.98M -
Capital Expenditure - - $1.13M -
Purchases of Investments - - $10.11M -
Investing Cash Flow - - $-1.24M -
Dividends Paid - - $9.67M -
Financing Cash Flow - - $-9.67M -

All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-K filings.

Annual data represents full fiscal year results. FY = Fiscal Year ending.

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