PROPERTY AND EQUIPMENT

6 Months Ended

Sep. 30, 2021

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT

NOTE 5 – PROPERTY AND EQUIPMENT

Property and equipment, net, consisted of the following at September 30, 2021 and March 31, 2021: 

	As of			As of
	September 30, 2021			March 31, 2021
Gym equipment	$	507,906		$	420,880
Cages		151,009			132,350
Event assets		116,088			92,117
Furniture and fixtures		16,766			16,766
Production truck gear		11,740			11,740
Production equipment		58,704			32,875
Venue lighting system		38,266			37,250
Leasehold improvements		167,229			43,712
Electronics hardware and software		149,234			124,624
Trucks trailers and vehicles		225,278			197,921
		1,442,220			1,110,235
Less: accumulated depreciation		(298,043	)		(165,236	)
	$	1,144,177		$	944,999

Depreciation expense related to these assets for the six months ended September 30, 2021 and 2020 amounted to $134,140 and $38,672, respectively.