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PROPERTY AND EQUIPMENT
3 Months Ended
Jun. 30, 2022
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

NOTE 6 – PROPERTY AND EQUIPMENT

 

A summary of property and equipment is as follows:

  

   USEFUL  June 30,   March 31, 
   LIFE  2022   2022 
            
Computer and office equipment  5-7 years  $462,000   $440,000 
Furniture and fixtures  7 years   98,000    98,000 
Warehouse equipment  7 years   210,000    210,000 
Molds and tooling  3-5 years   1,986,000    1,986,000 
       2,756,000    2,734,000 
Less: Accumulated depreciation      2,227,000    2,169,000 
      $529,000   $565,000 

 

Depreciation expense for the three months ended June 30, 2022 and 2021 was approximately $58,000 and $68,000, respectively.