XML 16 R4.htm IDEA: XBRL DOCUMENT v3.23.2
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
12 Months Ended
Mar. 31, 2023
Mar. 31, 2022
CONSOLIDATED STATEMENTS OF OPERATIONS    
Revenues $ 1,135,939 $ 997,100
Cost of goods sold 530,474 557,088
Gross profit 605,465 440,012
Operating expenses    
General and administrative 562,888 349,980
Advertising and promotion 23,824 28,518
Legal and professional 149,066 111,599
Depreciation and amortization 5,600 5,600
Total operating expenses 741,378 495,697
Loss from operations (135,913) (55,685)
Other income and (expense)    
Interest expense (11,750) (25,636)
Amortization of debt discount (16,509) (966)
Change in fair value of derivative liability 51,994 100,209
Financing costs (4,250) 0
Loss on settlement of liabilities 140,297 (274,938)
Loss on settlement of dispute (15,143) 0
Total other income (expense) 144,639 (201,331)
Net income (loss) including noncontrolling interest 8,726 (257,016)
Net income (loss) attributable to noncontrolling interest 0 0
Net income (loss) attributable to Right on Brands, Inc. $ 8,726 $ (257,016)
Income (loss) per share - basic $ 0.00 $ (0.00)
Income (loss) per share - diluted $ 0.00  
Weighted average shares outstanding - basic 5,888,244,296 5,922,572,597
Weighted average shares outstanding - diluted 6,093,337,629