Commitments and Contingencies

12 Months Ended

Mar. 31, 2019

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies

NOTE 8 - COMMITMENTS AND CONTINGENCIES

LEGAL MATTERS

As of June 28, 2019 management is not aware of any legal proceedings other than matters that arise in the ordinary course of business.

OPERATING LEASES

The Company has operating lease agreements for office and warehouse facilities in Fort Lauderdale, Florida; Ontario, California; and Macau, China expiring at varying dates. Rent expense for both years ended March 31, 2019 and 2018 was approximately $0.7 million. 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 March 31, 2019 are as follows:

	Operating Leases
For fiscal year ending March 31,
2020	$	651,000
2021		348,000
2022		116,000
2023		118,000
2024 and beyond		121,000
	$	1,354,000