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Consolidated Statements of Operations - USD ($)
12 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Net Sales    
Total Net Sales $ 62,482,330 $ 14,780,365
Cost of Goods Sold, for the years ended March 31, 2021 and 2020 includes depreciation and amortization of $3,217,513 and $2,856,471, respectively, and federal excise taxes of $4,286,258 and $643,735, respectively 51,095,679 18,455,904
Gross Margin 11,386,651 (3,675,539)
Operating Expenses    
Selling and marketing 1,879,128 1,192,010
Corporate general and administrative 7,191,544 3,731,913
Employee salaries and related expenses 5,036,721 3,638,540
Depreciation and amortization expense 1,659,243 1,599,491
Loss on purchase 1,000,000
Total operating expenses 16,766,636 10,161,954
Loss from Operations (5,379,985) (13,837,493)
Other Expenses    
Other income 576,785
Interest expense (3,009,094) (719,187)
Total other expenses (2,432,309) (719,187)
Loss before Income Taxes (7,812,294) (14,556,680)
Provision for Income Taxes
Net Loss $ (7,812,294) $ (14,556,680)
Loss per share Basic and fully diluted:    
Weighted average number of shares outstanding 55,041,502 45,607,937
Loss per share $ (0.14) $ (0.32)
Ammunition Sales [Member]    
Net Sales    
Total Net Sales $ 49,620,530 $ 6,591,196
Ammunition Casings Sales [Member]    
Net Sales    
Total Net Sales $ 12,861,800 $ 8,189,169