Leases (Tables)

12 Months Ended

Mar. 31, 2020

Leases [Abstract]

Schedule of Future Minimum Lease Payments Under Non-cancellable Leases

Future minimum lease payments under non-cancellable leases as of March 31, 2020 are as follows:

Years Ended March 31,
2021		707,391
2022		717,387
2023		727,384
2024		670,112
Thereafter		2,168,932
		4,991,206
Less: Amount Representing Interest		(1,507,482	)
	$	3,483,724

Schedule of Future Minimum Rental Payments for Operating Leases

The following table outlines our future contractual financial obligations associated with this lease by fiscal year in which payment is expected, as of March 31, 2020:

	2021		2022		Total
Payson Lease	$	120,000	$	80,000	$	200,000

Our executive offices are located in Scottsdale, Arizona where we lease 21,000 square feet of office and warehouse space for $17,702, which will increase by approximately 4.4% each year. This space houses our principal executive, administration, marketing, and research and development functions. The lease expires in December of 2023.

The following table outlines our future contractual financial obligations associated with this lease by fiscal period in which payment is expected, as of March 31, 2020:

	2021		2022		2023		2024		Total
Scottsdale Lease	$	226,587	$	236,583	$	246,580	$	147,240	$	856,990

Our ammunition casing operations are located in Manitowoc, Wisconsin where we lease approximately 50,000 square feet. The terms of the lease provide for a monthly payment of approximately $32,844. The lease expires in March of 2026 and can be renewed every three years thereafter.

The following table outlines our future contractual financial obligations associated with this lease by fiscal period in which payment is expected, as of March 31, 2020:

	2021		2022		2023		2024		2025		2026		Total
Manitowoc Lease	$	394,128	$	394,128	$	394,128	$	394,128	$	394,128	$	394,128	$	2,364,768