Property and Equipment

6 Months Ended

Sep. 30, 2020

Property, Plant and Equipment [Abstract]

Property and Equipment

NOTE 5 – PROPERTY AND EQUIPMENT

A summary of property and equipment is as follows:

	USEFUL		September 30,		March 31,
	LIFE		2020		2020
Computer and office equipment		5-7 years	$	445,000	$	445,000
Furniture and fixtures		7 years		98,000		98,000
Warehouse equipment		7 years		195,000		195,000
Molds and tooling		3-5 years		1,765,000		1,680,000
				2,503,000		2,418,000
Less: Accumulated depreciation				1,786,000		1,647,000
			$	717,000	$	771,000

Depreciation expense for the three months ended September 30, 2020 and 2019 was approximately $68,000 and $60,000, respectively. Depreciation expense for the six months ended September 30, 2020 and 2019 was approximately $139,000 and $119,000, respectively.