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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Net Revenues    
Total Revenues $ 34,254,575 $ 60,756,026
Cost of Revenues 20,230,035 42,620,364
Gross Profit 14,024,540 18,135,662
Operating Expenses    
Selling and marketing 295,581 1,908,170
Corporate general and administrative 7,947,563 5,029,297
Employee salaries and related expenses 4,116,280 2,785,098
Depreciation and amortization expense 3,344,043 3,350,356
Total operating expenses 15,703,467 13,072,921
Income/(Loss) from Operations (1,678,927) 5,062,741
Other Expenses    
Other income 692,951 193,498
Interest expense (204,201) (120,487)
Total other expense 488,750 73,011
Income/(Loss) before Income Taxes (1,190,177) 5,135,752
Provision/(benefit) for Income Taxes (97,144) 1,882,725
Net Income/(Loss) (1,093,033) 3,253,027
Preferred Stock Dividend (774,132) (774,132)
Net Income/(Loss) Attributable to Common Stock Shareholders $ (1,867,165) $ 2,478,895
Net Income/(Loss) per share    
Basic $ (0.02) $ 0.02
Diluted $ (0.02) $ 0.02
Weighted average number of shares outstanding    
Basic 117,713,805 116,560,372
Diluted 117,713,805 117,879,639
Ammunition Sales [Member]    
Net Revenues    
Total Revenues [1] $ 14,106,029 $ 40,969,883
Marketplace Revenue [Member]    
Net Revenues    
Total Revenues 13,912,202 16,504,946
Casing Sales [Member]    
Net Revenues    
Total Revenues $ 6,236,344 $ 3,281,197
[1] Included in revenue for the three months ended June 30, 2023 and 2022 is excise taxes of $1,175,796 and $3,712,341, respectively.