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Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2023
Mar. 31, 2023
Current Assets    
Cash $ 3,212,564 $ 2,894,574
Due from banks 152,148
Inventories 13,042,627 9,639,992
Prepaid expenses and other current assets 303,342 350,735
Total Current Assets 27,777,305 15,199,465
Property and equipment, net 457,173 633,207
Operating leases - right of use assets 4,002,595 561,185
Other non-current assets 346,239 254,740
Total Assets 32,583,312 16,648,597
Current Liabilities    
Accounts payable 12,526,485 1,769,348
Accrued expenses 2,747,502 2,265,424
Prepaids from customers 1,305,271 583,323
Reserve for sales returns 2,289,251 900,000
Other current liabilities 84,253 98,957
Current portion of operating lease liabilities 112,647 508,515
Total Current Liabilities 19,065,409 6,125,567
Other liabilities, net of current portion 14,844 103,997
Operating lease liabilities, net of current portion 3,825,115 87,988
Total Liabilities 22,905,368 6,317,552
Commitments and Contingencies
Shareholders’ Equity    
Preferred stock, $1.00 par value; 1,000,000 shares authorized; no shares issued and outstanding
Common stock $0.01 par value; 100,000,000 shares authorized; 4,220,259 and 3,184,439 shares issued and 4,220,259 and 3,167,489 outstanding, respectively 42,203 31,675
Additional paid-in capital 31,514,831 29,822,205
Subscriptions receivable (5,891)
Accumulated deficit (21,879,090) (19,516,944)
Total Shareholders’ Equity 9,677,944 10,331,045
Total Liabilities and Shareholders’ Equity 32,583,312 16,648,597
Nonrelated Party [Member]    
Current Assets    
Accounts receivable 10,901,701 2,075,086
Related Party [Member]    
Current Assets    
Accounts receivable $ 164,923 $ 239,078