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REVENUE
6 Months Ended
Sep. 30, 2021
Revenue from Contract with Customer [Abstract]  
REVENUE

NOTE 4 – REVENUE

 

The Company recognizes as revenues the amount of the transaction price that is allocated to the respective performance obligation when the performance obligation is satisfied or as it is satisfied. Live event revenue primarily includes ticket and beverage sales before and during the live events. Sponsorship revenue is also recognized when the live event takes place. Any revenue received for events that have yet to take place are recorded in deferred revenue. Gym revenue comprises primarily of membership dues and subscription. Other gym revenue includes personal training, group fitness and meal planning.

 

Information about the Company’s net sales by revenue type for the three and six months ended September 30, 2021 and 2020 are as follows:  

          
   For the three months ended 
   September 30,   September 30, 
  

2021

(Unaudited)

  

2020

(Unaudited)

 
Live events  $283,171   $30,318 
Gym revenue   376,839    105,609 
Net sales  $660,010   $135,927 

 

   For the six months ended 
   September 30,   September 30, 
  

2021

(Unaudited)

  

2020

(Unaudited)

 
Live events  $518,762   $30,377 
Gym revenue   710,013    165,571 
Net sales  $1,228,775   $195,948