GOODWILL AND INTANGIBLE ASSETS (Tables)

3 Months Ended

Jun. 30, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

SCHEDULE OF INTANGIBLE ASSETS

			June 30, 2021
	Life		Licenses			Patent			Other Intangible Assets
Licensing Agreement – Jesse James		5	$	125,000		$	-		$	-
Licensing Agreement – Jeff Rann		5		125,000			-			-
Streak Visual Ammunition patent		11.2		-			950,000			-
SWK patent acquisition		15		-			6,124,005			-
Jagemann Munition Components:
Customer Relationships		3		-			-			1,450,613
Intellectual Property		3		-			-			1,543,548
Tradename		5		-			-			2,152,076
GDI Acquisition:
Tradename		15		-			-			76,532,389
Customer List		10		-			-			65,252,802
Intellectual Property		10		-			-			4,224,442
Other Intangible Assets		5		-			-			607,747
				250,000			7,074,005			151,763,617
Accumulated amortization – Licensing Agreements				(220,833	)		-			-
Accumulated amortization – Patents				-			(1,177,772	)		-
Accumulated amortization – Intangible Assets				-			-			(5,310,962	)
			$	29,167		$	5,896,233		$	146,452,655

SCHEDULE OF ANNUAL AMORTIZATION OF INTANGIBLE ASSETS

Annual amortization of intangible assets for the next five fiscal years are as follows:

Years Ended March 31,	Estimates for Fiscal Year
2022 (1)	$	10,659,051
2023		13,095,215
2024		12,966,879
2025		12,664,775
2026		12,674,904
Thereafter		90,317,231
	$	157,378,055

(1) This amount represents future amortization for the remaining nine months of fiscal year 2022. It does not include any amortization for the three months ended June 30, 2021.