XML 34 R23.htm IDEA: XBRL DOCUMENT v3.20.2
Summary of Significant Accounting Policies (Tables)
3 Months Ended
Jun. 30, 2020
Accounting Policies [Abstract]  
Schedule of Concentration of Risks

For the three months ended June 30, 2020 and 2019, the Company’s customers that comprised more than ten percent (10%) of total revenues and accounts receivable were as follows:

 

   

For the Three Months Ended

June 30, 2020

   

For the Three Months Ended

June 30, 2019

 
PERCENTAGES   Revenues     Accounts Receivable     Revenues     Accounts Receivable  
                         
Customers:                                
A     14.9 %     11.9 %     10.5 %     -  
B     10.6 %     16.6 %     -       -  
C     -       -       25.9 %     34.6 %
      25.5 %     28.5 %     36.4 %     34.6 %
Schedule of Disaggregated Revenue from Customers by Segment

The Company notes that revenue recognition processes are consistent between product type, however, the amount, timing and uncertainty of revenue and cash flows may vary by each product type due to the customers of each product type.

 

    For the Three Months Ended  
    June 30, 2020     June 30, 2019  
Ammunition Sales   $ 6,411,668     $ 1,141,499  
Ammunition Casings Sales     3,248,302       3,157,081  
Total Sales   $ 9,659,970     $ 4,298,580