XML 56 R40.htm IDEA: XBRL DOCUMENT v3.23.1
SEGMENTS (Tables)
12 Months Ended
Mar. 31, 2023
Segment Reporting [Abstract]  
SCHEDULE OF OPERATING SEGMENTS

   Ammunition   Marketplace   Corporate
and other
expenses
   Total 
   For the Year Ended March 31, 2023 
   Ammunition   Marketplace   Corporate
and other
expenses
   Total 
                 
Net Revenues  $128,290,128   $63,149,673   $-   $191,439,801 
Cost of Revenues   126,914,265    9,116,939    -    136,031,204 
General and administrative expense   10,378,456    9,707,425    25,302,873    45,388,754 
Depreciation and amortization   578,326    12,700,436    -    13,278,762 
Income/(Loss) from Operations  $(9,580,919)  $31,624,873   $(25,302,873)  $(3,258,919)

 

   Ammunition   Marketplace  

Corporate

and other

expenses

   Total 
   For the Year Ended March 31, 2022 
   Ammunition   Marketplace  

Corporate

and other

expenses

   Total 
                 
Net Revenues  $175,660,650   $64,608,516   $-   $240,269,166 
Cost of Revenues   142,773,306    8,732,351    -    151,505,657 
General and administrative expense   11,932,721    8,434,308    17,544,970    37,911,999 
Depreciation and amortization   1,579,778    12,122,370    -    13,702,148 
Income/(Loss) from Operations  $19,374,845   $35,319,487   $(17,544,970)  $37,149,362 

 

   Ammunition   Marketplace  

Corporate

and other

expenses

   Total 
   For the Year Ended March 31, 2021 
   Ammunition   Marketplace  

Corporate

and other

expenses

   Total 
                 
Net Revenues  $62,482,330   $              -   $-   $62,482,330 
Cost of Revenues   51,095,679    -    -    51,095,679 
General and administrative expense   4,269,558    -    10,837,834    15,107,392 
Depreciation and amortization   1,659,243    -    -    1,659,243 
Income/(Loss) from Operations  $5,475,850   $-   $10,834,834   $(5,379,984)
SCHEDULE OF TOTAL ASSETS SEGMENTS

Total assets by segment were as follows:

 

   March 31, 2023   March 31, 2022    March 31, 2021  
Ammunition  $154,044,607   $160,305,107    $ 179,379,341  
Marketplace   258,290,780    253,873,206      -  
   $412,335,387   $414,178,313    $ 179,379,341  
SCHEDULE OF CAPITAL EXPENDITURE SEGMENT

Total capital expenditures by segment were as follows:

   March 31, 2023   March 31, 2022    March 31, 2021  
Ammunition  $10,819,177   $17,728,023    $ 7,437,265  
Marketplace   1,722,148    1,490,959      -  
   $12,541,325   $19,218,982    $ 7,437,265