PROPERTY AND EQUIPMENT, NET

9 Months Ended

Dec. 31, 2019

8. PROPERTY AND EQUIPMENT, NET

Property and equipment consist of the following:


	December 31, 2019		March 31, 2019
	(Unaudited)
Leasehold improvements	$	180,700	$	—
Electronic devices		44,614		28,305
Office equipment, fixtures and furniture		77,285		48,157
Vehicles		247,451		81,523
Subtotal		550,050		157,985
Less: accumulated depreciation and amortization		(119,026)		(32,100)
Total property and equipment, net	$	431,024	$	125,885
Total property and equipment, net - discontinued operations		(13,883)		(25,205)
Total property and equipment, net - continuing operations	$	417,141	$	100,680

Depreciation and amortization expense from continuing operations for the three months ended December 31, 2019 and 2018 amounted to $32,276 and $947, respectively. Depreciation and amortization expense from discontinued operations for the three months ended December 31, 2019 and 2018 amounted to $2,719 and $2,823, respectively.

Depreciation and amortization expense from continuing operations for the nine months ended December 31, 2019 and 2018 amounted to $82,672 and $947, respectively. Depreciation and amortization expense from discontinued operations for the nine months ended December 31, 2019 and 2018 amounted to $8,339 and $7,720, respectively.