Commitments and Contingencies

9 Months Ended

Dec. 31, 2017

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies

NOTE 8 - COMMITMENTS AND CONTINGENCIES

LEGAL MATTERS

Management is currently not aware of any legal proceedings.

OPERATING LEASES

The Company has operating lease agreements for office and warehouse facilities in Fort Lauderdale, Florida; Ontario, California; and Macau expiring at varying dates. Rent expense for the three months ended December 31, 2017 and 2016 was approximately $177,000 and $159,000, respectively. Rent expense for the nine months ended December 31, 2017 and 2016 was approximately $500,000 and $480,000, respectively. In addition, the Company maintains various warehouse equipment and office equipment operating leases. Future minimum lease payments under property and equipment leases with terms exceeding one year as of December 31, 2017 are as follows:

	Operating Leases
For period ending December 31,
2018	$	592,410
2019		631,131
2020		459,580
2021		113,368
2022 and beyond		267,779
	$	2,064,268