5. Property and Equipment

6 Months Ended

12 Months Ended

Sep. 30, 2020

Mar. 31, 2020

Property, Plant and Equipment [Abstract]

Property and Equipment

NOTE 5 – PROPERTY AND EQUIPMENT

Property and equipment, net, consisted of the following at September 30, 2020 and March 31, 2020:

	As of			As of
	September 30, 2020			March 31, 2020
Gym equipment	$	170,500		$	163,147
Cages		124,025			124,025
Event assets		93,121			61,319
Furniture and fixtures		2,500			0
Production equipment		30,697			30,697
Electronics hardware and software		31,254			11,845
Trucks trailers and vehicles		65,592			11,210
		517,689			402,243
Less:  accumulated depreciation		(89,521	)		(50,850	)
	$	428,168		$	351,393

Depreciation expense related to these assets for the six months ended September 30, 2020 and 2019 amounted to $38,672 and $10,053, respectively.

NOTE 5 – PROPERTY AND EQUIPMENT

Property and equipment, net, consisted of the following at March 31, 2020 and 2019:

	As of			As of
	March 31, 2020			March 31, 2019
Gym equipment	$	163,147		$	–
Cages		124,025			46,025
Event assets		61,319			8,987
Production equipment		30,697			–
Electronics hardware and software		11,845			6,960
Trucks trailers and vehicles		11,210			9,500
		402,243			71,472
Less:  accumulated depreciation		(50,850	)		(16,407	)
	$	351,393		$	55,065

Depreciation expense related to these assets for the years ended March 31, 2020 and 2019 amounted to $34,443 and $12,951, respectively.