GOODWILL AND INTANGIBLE ASSETS (Tables)

9 Months Ended

Dec. 31, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

SCHEDULE OF INTANGIBLE ASSETS

			December 31, 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				(245,833	)		-			-
Accumulated amortization – Patents				-			(1,424,443	)		-
Accumulated amortization – Intangible Assets				-			-			(12,110,901	)
			$	4,167		$	5,649,562		$	139,652,716

SCHEDULE OF ANNUAL AMORTIZATION OF INTANGIBLE ASSET

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

Years Ended March 31,	Estimates for Fiscal Year
2022 (1)	$	3,479,832
2023		13,095,215
2024		13,074,489
2025		12,664,775
2026		12,674,904
Thereafter		90,317,230
	$	145,306,445

(1) This amount represents future amortization for the remaining three months of fiscal year 2022. It does not include any amortization for the nine months ended December 31, 2021.