v3.25.0.1

Condensed Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2024	Dec. 31, 2023
Net revenues:
Revenue	$ 4,003,000	$ 2,622,000	$ 8,939,000	$ 6,869,000
Costs and expenses:
Cost of sales	3,512,000	2,144,000	7,982,000	5,654,000
Selling, general and administrative expenses	1,224,000	1,202,000	4,029,000	3,464,000
Total cost of sales and SG&A	4,736,000	3,346,000	12,011,000	9,118,000
Operating loss	(733,000)	(724,000)	(3,072,000)	(2,249,000)
Other income:
Settlement of litigation	0	0	0	3,100,000
Interest income, net	206,000	289,000	705,000	872,000
(Loss) income before income taxes	(527,000)	(435,000)	(2,367,000)	1,723,000
(Benefit) provision for income tax expense	0	(14,000)	3,000	74,000
Net (loss) income	$ (527,000)	$ (421,000)	$ (2,370,000)	$ 1,649,000
Basic (loss) income per share (in dollars per share)	$ (0.03)	$ (0.02)	$ (0.11)	$ 0.08
Diluted (loss) income per share (in dollars per share)	$ (0.03)	$ (0.02)	$ (0.11)	$ 0.08
Weighted average shares outstanding
Basic (in shares)	21,042,652	21,042,652	21,042,652	21,042,652
Diluted (in shares)	21,042,652	21,042,652	21,042,652	21,042,652
Product [Member]
Net revenues:
Revenue	$ 3,892,000	$ 2,599,000	$ 8,691,000	$ 6,745,000
License [Member]
Net revenues:
Revenue	$ 111,000	$ 23,000	$ 248,000	$ 124,000

The aggregate costs related to goods produced and sold and services rendered by an entity during the reporting period. This excludes costs incurred during the reporting period related to financial services rendered and other revenue generating activities.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(2)(d))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(2)(a))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 924
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SAB Topic 11.L)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479941/924-10-S99-1

EMERSON RADIO CORP 10-Q