PROPERTY AND EQUIPMENT

3 Months Ended

Jun. 30, 2018

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT

NOTE 4 – PROPERTY AND EQUIPMENT

We state property and equipment at historical cost less accumulated depreciation. We compute depreciation using the straight-line method at rates intended to depreciate the cost of assets over their estimated useful lives, which are generally five to seven years. Upon retirement or sale of property and equipment, we remove the cost of the disposed assets and related accumulated depreciation from the accounts and any resulting gain or loss is credited or charged to selling, general, and administrative expenses. We charge expenditures for normal repairs and maintenance to expense as incurred.

We capitalize additions and expenditures for improving or rebuilding existing assets that extend the useful life. Leasehold improvements made either at the inception of the lease or during the lease term are amortized over the shorter of their economic lives or the lease term including any renewals that are reasonably assured

Property and equipment consisted of the following at June 30, 2018 and March 31, 2018:

	June 30, 2018			March 31, 2018
Leasehold Improvements	$	31,682		$	17,772
Furniture and Fixtures		8,102			8,102
Vehicles		103,511			89,388
Equipment		832,451			879,871
Tooling		945,102			359,351
Total property and equipment	$	1,920,848		$	1,354,484
Less accumulated depreciation		(168,081	)		(113,158
Net property and equipment		1,752,767			1,241,326

Depreciation Expense for the three months ended June 30, 2018 and March 31, 2018 totaled $54,923 and $35,297, respectively.