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Property and Equipment, Net
9 Months Ended
Dec. 31, 2017
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net

NOTE 5 - PROPERTY AND EQUIPMENT, NET

 

A summary of property and equipment is as follows:

 

    USEFUL
LIFE
  December 31,
2017
    March 31,
2017
 
                 
Computer and office equipment   5 years   $ 286,928     $ 285,650  
Furniture and fixtures   7 years     96,718       4,312  
Warehouse equipment   7 years     238,471       238,471  
Molds and tooling   3-5 years     2,788,905       2,626,813  
          3,411,022       3,155,246  
Accumulated depreciation         2,895,666       2,742,441  
Property and equipment, net       $ 515,356     $ 412,805  

 

Depreciation expense for the three months ended December 31, 2017 and December 31, 2016 was approximately$67,000 and $39,000, respectively.

 

Depreciation expense for the nine months ended December 31, 2017 and December 31, 2016 was approximately $153,000 and $127,000 respectively.