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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Mar. 31, 2019
Accounting Policies [Abstract]  
Schedule of Exchange Rates

The following rates were used to translate the accounts of Kuvera France S.A.S. and Kuvera LATAM S.A.S. into USD at the following balance sheet dates:

 

    March 31,
2019
    March 31,
2018
 
Euro to USD     1.12200       n/a  
Colombian Peso to USD     0.00031       0.00036  

 

The following rates were used to translate the accounts of Kuvera France S.A.S. and Kuvera LATAM S.A.S. into USD for the following operating periods:

 

    Year ended March 31,  
    2019     2018  
Euro to USD     1.13580       n/a  
Colombian Peso to USD     0.00033       0.00034  

Schedule of Fixed Assets

Fixed assets are stated at cost and depreciated using the straight-line method over their estimated useful lives as follows:

 

Furniture, fixtures, and equipment   10 years  
Computer equipment   3 years  

 

Schedule of Long-Lived Assets

    Estimated        
    Useful        
    Life        
    (years)     Value  
FireFan mobile application     4     $ 331,000  
Back office software     10       408,000  
Tradename/trademark - FireFan     5       248,000  
Tradename/trademark - United Games     0.45       4,000  
Customer contracts/relationships     5       825,000  
              1,816,000  
Accumulated amortization as of March 31, 2019             (239,315 )
Net book value, December 31, 2018           $ 1,576,685  

Schedule of Amortization Expense

Amortization expense is expected to be as follows:

 

Fiscal year ending March 31, 2020   $ 338,150  
Fiscal year ending March 31, 2021     338,150  
Fiscal year ending March 31, 2022     338,150  
Fiscal year ending March 31, 2023     280,565  
Fiscal year ending March 31, 2024 and beyond     281,670  
    $ 1,576,685  

Schedule of Fair Value Assets and Liabilities Measured on Recurring Basis

Items recorded or measured at fair value on a recurring basis in the accompanying consolidated financial statements consisted of the following items as of March 31, 2019:

 

    Level 1     Level 2     Level 3     Total  
Cryptocurrencies   $ 142,061     $ -     $ -     $ 142,061  
Total Assets   $ 142,061     $ -     $ -     $ 142,061  
                                 
Derivative liability   $ -     $ 1,358,901     $ -     $ 1,358,901  
Total Liabilities   $ -     $ 1,358,901     $     -     $ 1,358,901  

 

Items recorded or measured at fair value on a recurring basis in the accompanying consolidated financial statements consisted of the following items as of March 31, 2018:

 

    Level 1     Level 2     Level 3     Total  
Cryptocurrencies   $ 480,370     $ -     $ -     $ 480,370  
Total Assets   $ 480,370     $ -     $ -     $ 480,370  
                                 
Total Liabilities   $ -     $      -     $      -     $        -  

Schedule of Revenue Generated

Revenue generated for the year ended March 31, 2019, was as follows:

 

    Subscription
Revenue
    Equipment Sales     Cryptocurrency
Mining Revenue
    Total  
Gross billings   $ 28,518,660     $ 698,954     $ 5,775,269     $ 34,992,883  
Refunds, incentives, credits, and chargebacks     (1,495,458 )     (4,000 )     (6,501 )     (1,505,959 )
Amounts paid to supplier     -       -       (3,827,843 )     (3,827,843 )
Net revenue   $ 27,023,202     $ 694,954     $ 1,940,925     $ 29,659,081  

 

Revenue generated for the year ended March 31, 2018, was as follows:

 

    Subscription
Revenue
    Equipment Sales     Cryptocurrency
Mining Revenue
    Total  
Gross billings   $ 14,758,614     $ -     $ 8,885,798     $ 23,644,412  
Refunds, incentives, credits, and chargebacks     (859,035 )            -       -       (859,035 )
Amounts paid to supplier     -       -       (4,867,945 )     (4,867,945 )
Net revenue   $ 13,899,579     $ -     $ 4,017,853     $ 17,917,432  

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

Potentially dilutive securities excluded from the computation of basic and diluted net loss per share are as follows:

 

    March 31,
2019
    March 31,
2018
 
Convertible notes payable     -       -  
Options to purchase common stock     35,000       35,000  
Warrants to purchase common stock     5,052,497       6,169,497  
Notes convertible into common stock     52,162,055       -  
Total     57,249,552       6,204,497