SEGMENT REPORTING

3 Months Ended

Jun. 30, 2019

SEGMENT REPORTING

SEGMENT REPORTING

NOTE 13 – 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 months ended June 30, 2019 and 2018, outerwear accounted for approximately 96.5% and 99.3% 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 years ended June 30, 2019 and 2018, respectively.

	For the three months ended
	June 30, 2019		June 30, 2018
United States	$	22,040,945	$	17,809,361
Jordan		486,380		130,213
Other countries		—		423,511
Total	$	22,527,325	$	18,363,085

All long-lived assets were located in Jordan as of June 30, 2019 and March 31, 2019.