PROPERTY, PLANT AND EQUIPMENT

12 Months Ended

Mar. 31, 2023

Property, Plant and Equipment [Abstract]

PROPERTY, PLANT AND EQUIPMENT

NOTE 6 – PROPERTY, PLANT AND EQUIPMENT

Property and equipment consisted of the following at March 31, 2023 and March 31, 2022:

	March 31, 2023			March 31, 2022
Leasehold Improvements	$	257,009		$	257,009
Building and Improvements		28,623,329			-
Furniture and Fixtures		384,650			343,014
Vehicles		153,254			153,254
Equipment		40,233,186			32,524,850
Tooling		143,710			143,710
Construction in Progress		734,781			14,335,371
Total property and equipment	$	70,529,919		$	47,757,208
Less accumulated depreciation		(14,566,664	)		(10,119,402	)
Net property and equipment		55,963,225			37,637,806

Depreciation Expense for the years ended March 31, 2023, 2022, and 2021 totaled $4,452,908, $4,266,126, and $2,904,968, respectively. Of these totals $3,747,723, $3,101,929, and $2,674,161 were included in cost of goods sold for the years ending March 31, 2023, 2022, and 2021. Additionally, $705,185, $1,164,197, and $230,797 were included in depreciation and amortization expenses in operating expenses.