SEGMENT REPORTING

6 Months Ended

Sep. 30, 2018

Segment Reporting Disclosure [Text Block]

NOTE 12 – SEGMENT REPORTING

ASC 280, “Segment Reporting”, establishes standards for reporting information about operating segments on a basis consistent with the Company's internal organizational structure as well as information about geographical areas, business segments and major customers in financial statements for details on the Company's business segments. The Company uses the “management approach” in determining reportable operating segments. The management approach considers the internal organization and reporting used by the Company’s chief operating decision maker for making operating decisions and assessing performance as the source for determining the Company’s reportable segments. Management, including the chief operating decision maker, reviews operating results by the revenue of the Company’s products. The Company’s major product is outerwear. For the three-month periods ended September 30, 2018 and 2017, outerwear accounted for approximately 96.3% and 91.8% of total revenue, respectively. For the six-month periods ended September 30, 2018 and 2017, outerwear accounted for approximately 97.3% and 95.3% of total revenue, respectively. Based on management's assessment, the Company has determined that it has only one operating segment as defined by ASC 280.

The following table summarizes sales by geographic areas for the three months ended September 30, 2018 and 2017, respectively.

	For the three months ended
	September 30, 2018		September 30, 2017
United States	$	27,864,070	$	25,274,990
Jordan		4,968,784		2,249,807
Other countries		631,543		24,682
Total	$	33,464,397	$	27,549,479

The following table summarizes sales by geographic areas for the six months ended September 30, 2018 and 2017, respectively.

	For the six months ended
	September 30, 2018		September 30, 2017
United States	$	45,673,431	$	46,339,490
Jordan		5,098,997		2,307,165
Other countries		1,055,054		252,982
Total	$	51,827,482	$	48,899,637

All long-lived assets were located in Jordan as of September 30, 2018 and March 31, 2018.