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PROPERTY AND EQUIPMENT | 12 Months Ended
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Mar. 31, 2022
Property, Plant and Equipment [Abstract] |
PROPERTY AND EQUIPMENT | NOTE 5 – PROPERTY AND EQUIPMENT Property and equipment consisted of the following at March 31, 2022 and March 31, 2021: SCHEDULE OF EQUIPMENT
|  | March 31, 2022 |  |  | March 31, 2021 |
Leasehold Improvements |  | $ | 257,009 |  |  | $ | 126,558 |
Furniture and Fixtures |  |  | 343,014 |  |  |  | 87,790 |
Vehicles |  |  | 153,254 |  |  |  | 142,691 |
Equipment |  |  | 32,524,850 |  |  |  | 26,425,221 |
Tooling |  |  | 143,710 |  |  |  | 121,790 |
Construction in Progress |  |  | 14,335,371 |  |  |  | 544,939 |
Total property and equipment |  | $ | 47,757,208 |  |  | $ | 27,448,989 |
Less accumulated depreciation |  |  | (10,119,402 | ) |  |  | (5,895,763 | )
Net property and equipment |  |  | 37,637,806 |  |  |  | 21,553,226 |
Depreciation Expense for the years ended March 31, 2022 and 2021 totaled $4,266,126 and $2,904,968, respectively. Of these totals $3,101,929 and $2,674,161 were included in cost of goods sold for the years ending March 31, 2022 and 2021. Additionally, $1,164,197 and $230,797 were included in depreciation and amortization expenses in operating expenses. AMMO, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

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- Definition The entire disclosure for long-lived, physical asset used in normal conduct of business and not intended for resale. Includes, but is not limited to, work of art, historical treasure, and similar asset classified as collections. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 6 -URI https://asc.fasb.org/extlink&oid=126982197&loc=d3e99893-112916 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -URI https://asc.fasb.org/topic&trid=2155823 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 7 -URI https://asc.fasb.org/extlink&oid=126982197&loc=SL120174063-112916 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 1 -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=126982197&loc=d3e99779-112916 + Details
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