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DISCONTINUED OPERATIONS
6 Months Ended
Sep. 30, 2023
Discontinued Operations and Disposal Groups [Abstract]  
DISCONTINUED OPERATIONS

NOTE 15: DISCONTINUED OPERATIONS

 

In September 2022, the Company sold both Norr and Elysian. See Note 1 under “Description of Business” for more details on the sale of Norr and Elysian.

 

The Company accounted for these sales as a disposal of the business under ASC 205-20-50-1(a) on September 20, 2022 and September 21, 2022 respectively at which time a loss was recognized. As a result of the Merger with Holdings, the current assets of $68,360 at March 31, 2022 for the pre-combination reporting entity is not reflected on the condensed consolidated balance sheet.

 

The Company reclassified the following operations to discontinued operations for the six months ended September 30, 2022.

 

   2023   2022 
Revenue  $-   $212 
Operating expenses   -    86,060 
Other (income) loss   -    - 
Net loss from discontinued operations  $      -   $(85,848)