INVENTORY |
12 Months Ended | ||||||||||||||||||||||||||||||||||||
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Mar. 31, 2024 | |||||||||||||||||||||||||||||||||||||
Inventory Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||
INVENTORY | NOTE 3 – INVENTORY
Inventory of prepaid debit cards and gift cards consisted of the following:
The Company terminated its relationship with its Program Manager since the Program Manager was notified by its sponsor bank that they were unable to continue servicing the Company’s customers. As a result, the prepaid debit cards inventory became unusable, and the Company provided an additional reserve of $72,900 in fiscal 2024 to reduce the inventory to its net realizable value at March 31, 2024.
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