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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2022
Dec. 31, 2021
Net Revenues        
Total Revenues $ 38,711,494 $ 64,689,186 $ 147,756,079 $ 170,167,603
Cost of Revenues 26,184,315 42,166,320 104,257,529 102,457,775
Gross Profit 12,527,179 22,522,866 43,498,550 67,709,828
Operating Expenses        
Selling and marketing 1,010,543 1,510,574 3,987,214 4,226,817
Corporate general and administrative 7,835,201 3,737,455 17,920,197 10,976,288
Employee salaries and related expenses 4,705,636 2,939,095 11,414,434 7,943,076
Depreciation and amortization expense 3,309,074 3,725,921 9,950,752 10,044,994
Total operating expenses 16,860,454 11,913,045 43,272,597 33,191,175
Income/(Loss) from Operations (4,333,275) 10,609,821 225,953 34,518,653
Other Expenses        
Other income/(expense) (170,403) 363 28,193 21,788
Interest expense (320,439) (190,319) (538,191) (468,404)
Total other expense (490,842) (189,956) (509,998) (446,616)
Income/(Loss) before Income Taxes (4,824,117) 10,419,865 (284,045) 34,072,037
Provision for Income Taxes (721,125) 1,351,998 1,369,427 1,351,998
Net Income/(Loss) (4,102,992) 9,067,867 (1,653,472) 32,720,039
Preferred Stock Dividend (782,639) (782,582) (2,339,409) (1,902,966)
Net Income/(Loss) Attributable to Common Stock Shareholders $ (4,885,631) $ 8,285,285 $ (3,992,881) $ 30,817,073
Net Income/(Loss) per share        
Basic $ (0.04) $ 0.07 $ (0.03) $ 0.28
Diluted $ (0.04) $ 0.07 $ (0.03) $ 0.27
Weighted average number of shares outstanding        
Basic 117,348,511 114,757,014 116,950,013 111,289,024
Diluted 117,348,511 116,717,500 116,950,013 113,350,998
Ammunition Sales [Member]        
Net Revenues        
Total Revenues $ 20,250,965 $ 44,069,473 $ 90,607,817 $ 112,629,655
Marketplace Revenue [Member]        
Net Revenues        
Total Revenues 15,419,202 17,596,769 46,486,842 46,646,051
Casing Sales [Member]        
Net Revenues        
Total Revenues $ 3,041,327 $ 3,022,944 $ 10,661,420 $ 10,891,897