PROPERTY AND EQUIPMENT

6 Months Ended

Sep. 30, 2022

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT

NOTE 5 – PROPERTY AND EQUIPMENT

Property and equipment, net, consisted of the following at September 30, 2022 and March 31, 2022:

	September 30, 2022			March 31, 2022
Gym equipment	$	229,821		$	229,821
Cages		151,009			151,009
Event assets		122,795			122,795
Furniture and fixtures		19,366			19,366
Production truck gear		11,740			11,740
Production equipment		80,965			80,965
Venue lighting system		38,266			38,266
Leasehold improvements		135,301			126,851
Electronics hardware and software		191,299			181,720
Trucks trailers and vehicles		289,028			289,028
		1,269,590			1,251,561
Less: accumulated depreciation		(398,819	)		(267,344	)
	$	870,771		$	984,217

Depreciation expense related to these assets for the three months ended September 30, 2022 and 2021 amounted to $65,792 and $72,280, respectively. Depreciation expense related to these assets for the six months ended September 30, 2022 and 2021 amounted to $131,475 and $134,140, respectively.