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Property and Equipment
3 Months Ended
Jun. 30, 2016
Property, Plant and Equipment [Abstract]  
Property and Equipment

NOTE 5 – PROPERTY AND EQUIPMENT

 

A summary of property and equipment is as follows:

 

    USEFUL LIFE   June 30,
2016
  March 31,
2016
             
Computer and office equipment   5 years   $ 285,650     $ 285,650  
Furniture and fixtures   7 years     4,312       4,312  
Warehouse equipment   7 years     238,470       224,106  
Molds and tooling   3-5 years     2,544,116       2,492,950  
          3,072,548       3,007,018  
Accumulated depreciation         2,620,210       2,576,416  
        $ 452,338     $ 430,602  

 

Depreciation expense for the three months ended June 30, 2016 and June 30, 2015 was $43,795 and $37,333, respectively.