SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Mar. 31, 2022

Accounting Policies [Abstract]

SCHEDULE OF DISAGGREGATION OF REVENUE

During fiscal 2022 and 2021 revenue was derived from five different major product lines. Disaggregated approximate revenue from these product lines consisted of the following:

Revenue by Product Line
	Fiscal Years Ended
Product Line	March 31, 2022		March 31, 2021
Karaoke Machines	$	38,900,000	$	34,700,000
Microphones and Accessories		4,200,000		4,700,000
SMC Kids Toys		2,300,000		1,300,000
Licensed Products		1,600,000		4,700,000
Music Subscriptions		500,000		400,000
Total Net Sales	$	47,500,000	$	45,800,000

SCHEDULE OF ANTIDILUTIVE SECURITIES EXCLUDED FROM COMPUTATION OF EARNING PER SHARE

Computation of dilutive shares for fiscal years ended March 31, 2022 and 2021 are as follows:

	Fiscal year ended March 31, 2022		Fiscal year ended March 31, 2021
Basic weighted average common shares outstanding		1,614,506		1,292,003
Effect of dilutive stock options		8,891		12,285
Diluted weighted average of common shares outstanding		1,623,397		1,304,288