Concentrations of Credit Risk, Customers, and Suppliers	12 Months Ended
Mar. 31, 2020
Risks and Uncertainties [Abstract]
Concentrations of Credit Risk, Customers, and Suppliers	NOTE 13 - CONCENTRATIONS OF CREDIT RISK, CUSTOMERS, AND SUPPLIERS The Company derives a majority of its revenues from retailers of products in the United States. The Company’s allowance for doubtful accounts is based upon management’s estimates and historical experience and reflects the fact that accounts receivable are concentrated with several large customers. At March 31, 2020, 82% of accounts receivable were due from four customers in North America that individually owed over 10% of total accounts receivable. At March 31, 2019, 62% of accounts receivable were due from two customers in North America. Revenues derived from three customers in 2020 and 2019 were 64% and 65% of net sales, respectively. Revenues from customers representing greater than 10% of net sales were derived from our top three customers in 2020 and 2019 as percentage of net sales were 41%, 13% and 10% and 40%, 13% and 12%, respectively. The loss of any of these customers could have an adverse impact on the Company. Net sales derived from the Macau Subsidiary aggregated approximately $5.1 million and $7.6 million in fiscal 2020 and 2019, respectively. The Company is dependent upon foreign companies for the manufacture of all of its electronic products. The Company’s arrangements with manufacturers are subject to the risk of doing business abroad, such as import duties, trade restrictions, work stoppages, foreign currency fluctuations, political instability, and other factors, which could have an adverse impact on its business. The Company believes that the loss of any one or more of their suppliers would not have a long-term material adverse effect because other manufacturers with whom the Company does business would be able to increase production to fulfill their requirements. However, the loss of certain suppliers in the short-term could adversely affect business until alternative supply arrangements are secured. During fiscal years 2020 and 2019, manufacturers in the People’s Republic of China accounted for 100% of the Company’s total product purchases, including all of the Company’s hardware purchases. In 2018 the U.S. government imposed tariffs of up to 25% on certain goods imported from China. All of our products are manufactured and imported from China however, only our microphones are currently subject to a 7.5% tariff currently in place. Should the government decide to expand its list of products to include our karaoke products that would subject our products to tariffs in the future, there could be a significant increase in the landed cost of our products. If we are unable to mitigate these increased costs through price increases, we could experience reductions in revenues, gross profit margin and results from operations.

Concentrations of Credit Risk, Customers, and Suppliers

12 Months Ended

Mar. 31, 2020

Concentrations of Credit Risk, Customers, and Suppliers

NOTE 13 - CONCENTRATIONS OF CREDIT RISK, CUSTOMERS, AND SUPPLIERS

The Company derives a majority of its revenues from retailers of products in the United States. The Company’s allowance for doubtful accounts is based upon management’s estimates and historical experience and reflects the fact that accounts receivable are concentrated with several large customers. At March 31, 2020, 82% of accounts receivable were due from four customers in North America that individually owed over 10% of total accounts receivable. At March 31, 2019, 62% of accounts receivable were due from two customers in North America.

Revenues derived from three customers in 2020 and 2019 were 64% and 65% of net sales, respectively. Revenues from customers representing greater than 10% of net sales were derived from our top three customers in 2020 and 2019 as percentage of net sales were 41%, 13% and 10% and 40%, 13% and 12%, respectively. The loss of any of these customers could have an adverse impact on the Company.

Net sales derived from the Macau Subsidiary aggregated approximately $5.1 million and $7.6 million in fiscal 2020 and 2019, respectively.

The Company is dependent upon foreign companies for the manufacture of all of its electronic products. The Company’s arrangements with manufacturers are subject to the risk of doing business abroad, such as import duties, trade restrictions, work stoppages, foreign currency fluctuations, political instability, and other factors, which could have an adverse impact on its business. The Company believes that the loss of any one or more of their suppliers would not have a long-term material adverse effect because other manufacturers with whom the Company does business would be able to increase production to fulfill their requirements. However, the loss of certain suppliers in the short-term could adversely affect business until alternative supply arrangements are secured.

During fiscal years 2020 and 2019, manufacturers in the People’s Republic of China accounted for 100% of the Company’s total product purchases, including all of the Company’s hardware purchases. In 2018 the U.S. government imposed tariffs of up to 25% on certain goods imported from China. All of our products are manufactured and imported from China however, only our microphones are currently subject to a 7.5% tariff currently in place. Should the government decide to expand its list of products to include our karaoke products that would subject our products to tariffs in the future, there could be a significant increase in the landed cost of our products. If we are unable to mitigate these increased costs through price increases, we could experience reductions in revenues, gross profit margin and results from operations.