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Consolidated Statements of Operations - USD ($)
3 Months Ended 12 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Mar. 31, 2018
Mar. 31, 2019
Dec. 31, 2017
Net Sales $ 4,298,580 $ 1,250,028 $ 1,960,688 $ 4,565,652 $ 1,294,861
Cost of Goods Sold, includes depreciation and amortization of $613,569 and $73,295, $506,159 $66,405 and $141,575, respectively, and federal excise taxes of 114,285 of $131,339, $406,255, $194,003, and $132,294, respectively 4,951,796 1,105,456 1,667,614 4,795,346 1,303,586
Gross Margin (653,216) 144,572 293,074 (229,694) (8,725)
Operating Expenses          
Selling and marketing 221,928 351,416 585,294 1,414,399 759,053
Corporate general and administrative 1,099,643 678,100 589,983 3,385,096 2,154,498
Employee salaries and related expenses 1,217,692 878,988 914,258 3,855,167 1,046,667
Depreciation and amortization expense 454,862 15,397 5,853 96,302 7,285
Total operating expenses 2,994,125 1,923,901 2,095,388 8,750,964 3,967,503
Loss from Operations (3,647,341) (1,779,329) (1,802,314) (8,980,658) (3,976,228)
Other Income/(Expenses)          
Interest expense (194,061) (1,497) 5,086 (610,600) (532,752)
Loss on purchase     (2,118,154)
Loss on vendor notes receivable foreclosure     (1,279,921)
(Loss) before Income Taxes (3,841,402) (1,780,826) (1,797,228) (11,709,412) (5,788,901)
Provision for Income Taxes
Net (Loss) $ (3,841,402) $ (1,780,826) $ (1,797,228) $ (11,709,412) $ (5,788,901)
Basic and fully diluted:          
Weighted average number of shares outstanding 44,577,950 30,393,076 26,045,890 33,601,569 19,279,601
(Loss) per share $ (0.09) $ (0.06) $ (0.07) $ (0.35) $ (0.30)
Ammunition Sales [Member]          
Net Sales $ 1,141,499 $ 1,250,028 $ 1,960,688 $ 3,985,574 $ 1,294,861
Casing Sales [Member]          
Net Sales $ 3,157,081 $ 580,078