XML 21 R10.htm IDEA: XBRL DOCUMENT v3.7.0.1
Property and Equipment
12 Months Ended
Mar. 31, 2017
Property, Plant and Equipment [Abstract]  
Property and Equipment

NOTE 4 - PROPERTY AND EQUIPMENT

 

A summary of property and equipment is as follows:

 

    USEFUL LIFE   MARCH 31, 2017     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     238,471       224,106  
Molds and tooling   3-5 years     2,626,813       2,492,950  
          3,155,246       3,007,018  
Less: Accumulated depreciation         2,742,441       2,576,416  
        $ 412,805     $ 430,602  

 

Depreciation expense for fiscal years ended 2017, 2016, and 2015 was $166,025, $171,785, and $130,254, respectively.