$24.78M
Revenue
$13.83M
Net Income
80.33%
Gross Margin
59.11%
Op. Margin
$24.04M
Free Cash Flow
| 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) |
FY 2019 (Mar 31, 2020) |
FY 2018 (Mar 31, 2019) |
FY 2017 (Mar 31, 2018) |
FY 2015 (Mar 31, 2016) |
FY 2014 (Mar 31, 2015) |
FY 2013 (Mar 31, 2014) |
FY 2012 (Mar 31, 2013) |
FY 2011 (Mar 31, 2012) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $24.78M | $25.87M | $29.80M | $38.25M | $26.99M | $21.37M | $25.41M | $26.47M | $29.86M | $27.72M | $30.58M | $25.93M | $27.03M | $28.58M |
| Revenue Growth % | -4.2% | -13.2% | -22.1% | 41.7% | 26.3% | -15.9% | -4.0% | -11.4% | 7.7% | -9.4% | 17.9% | -4.1% | -5.4% | nan% |
| Cost of Revenue | $4.87M | $4.24M | $6.77M | $8.06M | $6.26M | $4.12M | $4.89M | $5.22M | $6.27M | $6.62M | $6.02M | $5.72M | $7.03M | $9.33M |
| Gross Profit | $19.91M | $21.64M | $23.03M | $30.19M | $20.72M | $17.24M | $20.52M | $21.26M | $23.59M | $21.10M | $24.56M | $20.21M | $20.01M | $19.25M |
| Gross Margin % | 80.3% | 83.6% | 77.3% | 78.9% | 76.8% | 80.7% | 80.8% | 80.3% | 79.0% | 76.1% | 80.3% | 77.9% | 74.0% | 67.4% |
| Operating Expenses | $5.26M | $5.64M | $4.51M | $4.55M | $4.40M | $4.50M | $5.01M | $5.33M | $5.14M | $4.81M | $5.31M | $5.82M | $4.81M | $4.98M |
| Research & Development | $3.50M | $3.64M | $2.73M | $2.58M | $2.93M | $3.18M | $3.69M | $4.11M | $3.70M | $3.06M | $3.00M | $3.59M | $2.57M | $2.60M |
| Selling General & Admin | - | - | - | - | $1.47M | $1.32M | $1.32M | $1.22M | $1.44M | $1.75M | $2.31M | $2.24M | $2.24M | $2.38M |
| Operating Income | $14.65M | $15.99M | $18.52M | $25.64M | $16.33M | $12.74M | $15.51M | $15.92M | $18.45M | $16.29M | $19.25M | $14.39M | $15.20M | $14.27M |
| Operating Margin % | 59.1% | 61.8% | 62.1% | 67.0% | 60.5% | 59.6% | 61.1% | 60.2% | 61.8% | 58.8% | 62.9% | 55.5% | 56.2% | 49.9% |
| Interest Income | $1.93M | $1.91M | $1.95M | $1.45M | $1.17M | $1.50M | $1.79M | $1.79M | $1.56M | $1.89M | $2.19M | $2.12M | $2.36M | $2.35M |
| Income Before Tax | $16.72M | $18.04M | $20.47M | $27.09M | $17.50M | $14.24M | $17.30M | $17.71M | $20.01M | $18.18M | $21.44M | $16.52M | $17.56M | $16.62M |
| Income Tax Expense | $2.90M | $2.97M | $3.34M | $4.40M | $2.99M | $2.55M | $2.78M | $3.20M | $6.10M | $5.88M | $7.07M | $5.38M | $5.73M | $5.24M |
| Net Income | $13.83M | $15.06M | $17.12M | $22.69M | $14.51M | $11.69M | $14.53M | $14.51M | $13.91M | $12.29M | $14.37M | $11.14M | $11.83M | $11.38M |
| Net Margin % | 55.8% | 58.2% | 57.5% | 59.3% | 53.8% | 54.7% | 57.2% | 54.8% | 46.6% | 44.3% | 47.0% | 42.9% | 43.8% | 39.8% |
| Basic EPS | 2.86 | 3.12 | 3.54 | 4.70 | 3.00 | 2.42 | 3.00 | 3.00 | 2.87 | 2.53 | 2.96 | 2.30 | 2.44 | 2.37 |
| Diluted EPS | 2.85 | 3.11 | 3.54 | 4.70 | 3.00 | 2.42 | 3.00 | 2.99 | 2.87 | 2.53 | 2.95 | 2.29 | 2.43 | 2.34 |
| Basic Shares Outstanding | 4.8M | 4.8M | 4.8M | 4.8M | 4.8M | 4.8M | 4.8M | 4.8M | 4.8M | 4.9M | 4.9M | 4.9M | 4.8M | 4.8M |
| Diluted Shares Outstanding | 4.8M | 4.8M | 4.8M | 4.8M | 4.8M | 4.8M | 4.8M | 4.9M | 4.8M | 4.9M | 4.9M | 4.9M | 4.9M | 4.9M |
| 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) |
FY 2019 (Mar 31, 2020) |
FY 2018 (Mar 31, 2019) |
FY 2017 (Mar 31, 2018) |
FY 2015 (Mar 31, 2016) |
FY 2014 (Mar 31, 2015) |
FY 2013 (Mar 31, 2014) |
FY 2012 (Mar 31, 2013) |
FY 2011 (Mar 31, 2012) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $8.04M | $10.28M | $1.67M | $10.45M | $10.43M | $8.07M | $6.88M | $4.76M | $7.53M | $9.44M | $1.26M | $2.51M | $1.54M |
| Short-term Investments | $13.69M | $11.92M | $15.51M | $20.84M | $7.68M | $19.08M | $12.49M | $20.77M | $19.70M | $20.10M | $12.36M | $9.71M | $17.55M |
| Accounts Receivable | $3.59M | $3.14M | $6.52M | $4.70M | $1.96M | $2.69M | $3.00M | $2.89M | $2.24M | $2.96M | $2.33M | $2.52M | $2.68M |
| Inventory | $7.45M | $7.16M | $6.42M | $5.09M | $3.90M | $3.88M | $4.26M | $3.65M | $3.21M | $3.74M | $3.21M | $3.34M | $3.23M |
| Other Current Assets | - | - | - | $420.52K | $391.28K | $655.84K | $816.04K | $635.16K | $734.52K | $574.91K | $816.28K | $958.15K | $1.16M |
| Total Current Assets | $33.20M | $33.19M | $30.79M | $41.50M | $24.36M | $34.38M | $27.44M | $32.70M | $33.42M | $36.92M | $20.21M | $19.04M | $26.17M |
| Property Plant & Equipment | - | - | - | $606.38K | $336.68K | $582.47K | $894.84K | $1.33M | $1.69M | $2.26M | $3.00M | $3.69M | $2.51M |
| Long-term Investments | $26.30M | $30.79M | $36.13M | $24.31M | $47.04M | $43.61M | $54.93M | $52.84M | $65.70M | $70.91M | $82.02M | $73.04M | $54.45M |
| Total Assets | $64.28M | $66.78M | $69.26M | $67.47M | $72.50M | $79.50M | $83.62M | $87.43M | $100.85M | $110.09M | $105.24M | $95.77M | $83.13M |
| Accounts Payable | $214.69K | $127.15K | $281.71K | $943.53K | $336.59K | $186.99K | $375.19K | $414.97K | $317.99K | $358.82K | $374.13K | $422.09K | $663.70K |
| Accrued Liabilities | $871.17K | $729.22K | $1.38M | $1.36M | - | - | - | - | - | - | - | - | - |
| Deferred Revenue | - | - | - | - | - | - | - | - | $714.80K | - | - | - | - |
| Total Current Liabilities | $1.17M | $1.04M | $1.83M | $2.46M | $1.03M | $796.20K | $835.68K | $989.73K | $1.59M | $1.49M | $1.18M | $1.78M | $1.67M |
| Total Liabilities | $2.01M | $1.21M | $2.18M | $2.90M | $1.61M | $1.50M | $835.68K | - | - | - | - | - | - |
| Common Stock | $48.37K | $48.34K | $48.31K | $48.31K | $48.33K | $48.35K | $48.46K | $48.42K | $48.35K | $48.58K | $48.51K | $48.62K | $48.25K |
| Retained Earnings | $42.47M | $46.74M | $48.95M | $45.58M | $50.40M | $58.05M | $62.90M | $67.71M | $79.56M | $86.68M | $82.31M | $71.18M | $59.35M |
| Total Stockholders Equity | $62.27M | $65.57M | $67.08M | $64.57M | $70.89M | $78.00M | $82.78M | $86.44M | $99.26M | $108.33M | $103.70M | $93.98M | $81.46M |
| Total Liabilities & Equity | $64.28M | $66.78M | $69.26M | $67.47M | $72.50M | $79.50M | $83.62M | $87.43M | $100.85M | $110.09M | $105.24M | $95.77M | $83.13M |
| 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) |
FY 2019 (Mar 31, 2020) |
FY 2018 (Mar 31, 2019) |
FY 2017 (Mar 31, 2018) |
FY 2015 (Mar 31, 2016) |
FY 2014 (Mar 31, 2015) |
FY 2013 (Mar 31, 2014) |
FY 2012 (Mar 31, 2013) |
FY 2011 (Mar 31, 2012) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $21.95M | $15.06M | $17.12M | $22.69M | $14.51M | $11.69M | $14.53M | $14.51M | $13.91M | $12.29M | $14.37M | $11.14M | $11.83M | $11.38M |
| Depreciation & Amortization | - | $324.23K | $308.15K | $257.61K | $424.98K | $542.93K | $549.97K | $705.20K | $979.65K | $850.97K | $934.37K | $844.34K | - | - |
| Stock-based Compensation | - | - | - | - | $81.86K | $45.57K | $48.36K | $93.36K | $40.92K | $21.16K | $58.96K | $53.20K | $66.72K | $80.16K |
| Deferred Income Tax | - | - | - | - | $24.46K | $-129.16K | $77.78K | $-31.27K | $96.28K | $295.83K | $155.71K | $121.88K | $51.26K | $-12.85K |
| Change in Receivables | $-2.04M | $444.44K | $-3.37M | $1.82M | $2.74M | $-729.74K | $-301.62K | $106.86K | $-548.02K | $-719.89K | $632.40K | $-189.82K | $-163.44K | $-911.40K |
| Change in Inventory | $264.54K | $290.50K | $741.58K | $1.33M | $1.19M | $16.33K | $-380.43K | $614.44K | $292.14K | $-537.26K | $535.16K | $-129.26K | $107.22K | $-114.48K |
| Operating Cash Flow | $27.48M | $14.31M | $18.25M | $19.09M | $12.50M | $13.36M | $15.90M | $14.22M | $15.15M | $14.31M | $14.87M | $12.40M | $12.65M | $12.81M |
| Capital Expenditure | $3.44M | $1.26M | $16.73K | $935.79K | $484.58K | $62.73K | $52.04K | $68.27K | $604.80K | $287.27K | $185.01K | $160.72K | $1.82M | $1.48M |
| Purchases of Investments | $31.50M | $11.28M | $6.10M | $28.44M | - | $10.51M | $7.20M | $13.67M | $18.22M | $14.57M | $9.00M | $22.75M | $27.21M | $18.50M |
| Investing Cash Flow | $-3.74M | $2.67M | $9.58M | $-8.53M | $7.02M | $8.42M | $5.25M | $7.06M | $717.79K | $4.87M | $2.98M | $-12.86M | $-11.84M | $-12.22M |
| Stock Issued | - | - | - | - | - | - | - | $217.94K | $51.04K | $292.91K | $302.70K | $416.76K | $144.19K | $36.00 |
| Stock Repurchased | - | - | - | $20.70K | $163.52K | $91.42K | $687.43K | - | - | $2.31M | - | $1.26M | - | - |
| Dividends Paid | $33.85M | $19.34M | $19.33M | $19.32M | $19.33M | $19.34M | $19.38M | $19.37M | $19.37M | $19.41M | $10.00M | - | - | - |
| Financing Cash Flow | $-33.74M | $-19.23M | $-19.21M | $-19.34M | $-19.50M | $-19.43M | $-19.96M | $-19.16M | $-19.31M | $-21.08M | $-9.67M | $-789.17K | $159.92K | $36.00 |
| Net Change in Cash | - | - | - | - | $22.17K | $2.36M | $1.19M | $2.12M | $-3.44M | $-1.90M | $8.17M | $-1.25M | $965.15K | $592.33K |
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.