SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

3 Months Ended

Jun. 30, 2022

Accounting Policies [Abstract]

SCHEDULE OF DISAGGREGATION OF REVENUE

Revenue is derived from four different major product lines. Disaggregated revenue from these product lines for the three months ended June 30, 2022 and 2021 consisted of the following:

	Three Months Ended
Product Line	June 30, 2022		June 30, 2021
Classic Karaoke Machines	$	8,159,000	$	4,448,000
Licensed Product		45,000		771,000
SMC Kids Toys		936,000		69,000
Microphones and Accessories		2,552,000		778,000
Total Net Sales	$	11,692,000	$	6,066,000

SCHEDULE OF ANTIDILUTIVE SECURITIES EXCLUDED FROM COMPUTATION OF EARNING PER SHARE

Computation of dilutive shares for the three months ended June 30, 2022 and 2021 are as follows:

	For the three months ended June 30, 2022		For the three months ended June 30, 2021
Basic weighted average common shares outstanding		1,911,485		1,301,688
Effect of dilutive stock options		-		-
Diluted weighted average common shares outstanding		1,911,485		1,301,688