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REVENUE DISAGGREGATION
9 Months Ended
Dec. 31, 2023
Segment Reporting [Abstract]  
REVENUE DISAGGREGATION

NOTE 17 – REVENUE DISAGGREGATION

 

The Company disaggregates revenues by product line and major geographic region as most of its revenue is generated by the sales of karaoke hardware and the Company has no other material business segments:

 

Revenue by product line is as follows:

 

   December 31,2023   March 31, 2023   March 31, 2022 
   Nine Months Ended   Fiscal Years Ended 
   December 31,2023   March 31, 2023   March 31, 2022 
Product Line               
Karaoke Machines  $24,189,000   $28,856,000   $38,869,000 
Licensed Products   549,000    95,000    1,645,000 
Kids Youth Electronics   565,000    1,872,000    2,277,000 
Microphones and Accessories   3,283,000    7,802,000    4,185,000 
Music Subscriptions   612,000    674,000    536,000 
                
Total Net Sales  $29,198,000   $39,299,000   $47,512,000 

 

Revenue by geographic region is as follows:

 

   December 31, 2023   March 31, 2023   March 31, 2022 
   FOR THE NINE MONTHS ENDED     FOR THE FISCAL YEARS ENDED 
   December 31, 2023   March 31, 2023   March 31, 2022 
North America  $28,763,000   $38,298,000   $46,396,000 
Australia   205,000    670,000    679,000 
Europe and United Kingdom   226,000    331,000    359,000 
All Others   4,000    -    78,000 
                
Net sales  $29,198,000   $39,299,000   $47,512,000 

 

The geographic area of sales is based primarily on where the product was delivered.