INCOME TAXES (Tables)

12 Months Ended

Mar. 31, 2023

Income Tax Disclosure [Abstract]

SCHEDULE OF INCOME TAX PROVISION BENEFIT

The income tax (provision) benefit for the periods shown consist of the following:

	2023			2022			2021
Current
US Federal	$	-		$	(1,302,811	)		-
US State		-			(446,677	)		-
Total current provision		-			(1,749,488	)		-
Deferred
US Federal		(578,679	)		(7,727,011	)		582,724
US State		(151,559	)		(2,649,261	)		137,276
Total deferred benefit		(730,238	)		(10,376,272	)		720,000
Change in valuation allowance		-			8,839,791			(720,000	)
Income tax (provision) benefit	$	(730,238	)	$	(3,285,969	)		-

SCHEDULE OF RECONCILIATION OF INCOME TAX

The reconciliation of income tax expense computed at the U.S. federal statutory rate of 21% to the income tax provision is as follows:

	2023			2022			2021
Computed tax expense	$	21	%	$	21	%		21	%
State taxes, net of Federal income tax benefit		6	%		7	%		5	%
Change in valuation allowance		0	%		24	%		(10	)%
Employee stock awards		(40	)%		4	%		(5	)%
Stock grants		(2	)%		0	%		(1	)%
Stock for services		0	%		0	%		(6	)%
Other		1	%		0	%		0	%
Non-deductible meals & entertainment		0	%		0	%		0	%
Contingent consideration fair value		1	%		1	%		0	%
Stock and Warrants on Note Conversion		(5	)%		1	%		(4	)%
Total provision for income taxes	$	(18	)%	$	9	%		0	%

SCHEDULE OF DEFERRED TAX ASSETS AND LIABILITIES

Significant components of the Company’s deferred tax liabilities and assets are as follows:

	2023			2022
Deferred tax assets
Net operating loss carryforward	$	871,331		$	-
Loss on purchase		826,311			879,319
Other		-			-
Total deferred tax assets	$	1,697,642		$	879,319
Deferred tax liabilities
Depreciation expense	$	(2,906,214	)	$	(2,208,361	)
Other		(1,101,020	)		(207,439	)
Total deferred tax liabilities	$	(4,007,234	)	$	(2,415,800	)
Net deferred tax assets/(liabilities)	$	(2,309,592	)	$	(1,536,481	)
Valuation allowance		-			-
Net deferred tax assets/(liabilities)	$	(2,309,592	)	$	(1,536,481	)