XML 25 R14.htm IDEA: XBRL DOCUMENT
v3.21.2

INVENTORY CREDIT FACILITY | 3 Months Ended
--- | ---
Jun. 30, 2021
Inventory Credit Facility |
INVENTORY CREDIT FACILITY | NOTE 7 – INVENTORY CREDIT FACILITY On June 17, 2020, we entered into a Revolving Inventory Loan and Security Agreement with FSW. FSW will establish a revolving credit line, and make loans from time to time to the Company for the purpose of providing capital. The twenty-four month agreement secured by our inventory, among other assets, contains a maximum loan amount of $1,750,000 on eligible inventory and has an annualized interest rate of the greater of the three-month LIBOR rate plus 3.09% or 8%. The agreement contains a fee of 2% of the maximum loan amount ($35,000) assessed to the Company. On July 31, 2020, the Company amended its Revolving Loan and Security Agreement to increase the maximum inventory loan amount to $2,250,000. As of June 30, 2021, the outstanding balance of the Inventory Credit Facility was $258,955. Interest expense recognized on the Inventory Credit Facility was $17,659, including $8,561 of amortization of the annual fee for the three months ended June 30, 2021 and $7,490, including $2,917 of amortization of the annual fee for the three months ended June 30, 2020.

X
- References No definition available. + Details
Name: | poww_DisclosureInventoryCreditFacilityAbstract
Namespace Prefix: | poww_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Inventory Credit Facility [TextBlock] + References No definition available. + Details
Name: | poww_InventoryCreditFacilityTextBlock
Namespace Prefix: | poww_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration