SUMMARY OF ACCOUNTING POLICIES (Tables)

6 Months Ended

Sep. 30, 2021

Accounting Policies [Abstract]

SCHEDULE OF DISAGGREGATION OF REVENUE

Revenue is derived from five different major product lines. Disaggregated revenue from these product lines for the three and six months ended September 30, 2021 and 2020 consisted of the following:

	Three Months Ended				Six Months Ended
Product Line	September 30, 2021		September 30, 2020		September 30, 2021		September 30, 2020
Classic Karaoke Machines	$	15,042,000	$	18,135,000	$	19,521,000	$	20,519,000
Licensed Product		94,000		2,822,000		827,000		2,828,000
SMC Kids Toys		1,022,000		191,000		1,753,000		319,000
Microphones and Accessories		1,101,000		1,117,000		1,110,000		1,569,000
Music Subscriptions		110,000		20,000		224,000		102,000
Total Net Sales	$	17,369,000	$	22,285,000	$	23,435,000	$	25,337,000

SCHEDULE OF ANTIDILUTIVE SECURITIES EXCLUDED FROM COMPUTATION OF EARNING PER SHARE

Computation of dilutive shares for the three and six months ended September 30, 2021 and 2020 are as follows:

	For the three months ended September 30, 2021		For the three months ended September 30, 2020		For the six months ended September 30, 2021		For the six months ended September 30, 2020
Basic weighted average common shares outstanding		47,817,868		38,557,643		43,458,098		38,557,643
Effect of dilutive stock options		336,161		550,265		370,905		425,132
Diluted weighted average common shares outstanding		48,154,029		39,107,908		43,829,003		38,982,775