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PROPERTY AND EQUIPMENT
12 Months Ended
Mar. 31, 2022
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

NOTE 5 – PROPERTY AND EQUIPMENT

 

Property and equipment, net, consisted of the following at March 31, 2022 and 2021: 

          
   March 31, 2022   March 31, 2021 
         
Gym equipment  $229,821   $420,880 
Cages   151,009    132,350 
Event assets   122,795    92,117 
Furniture and fixtures   19,366    16,766 
Production truck gear   11,740    11,740 
Production equipment   80,965    32,875 
Venue lighting system   38,266    37,250 
Leasehold improvements   126,851    43,712 
Electronics hardware and software   181,720    124,624 
Trucks trailers and vehicles   289,028    197,921 
    1,251,561    1,110,235 
Less:  accumulated depreciation   (267,344)   (165,236)
   $984,217   $944,999 

 

Depreciation expense related to these assets for the years ended March 31, 2022 and 2021 amounted to $293,275 and $114,386, respectively.