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SEGMENTS (Tables)

12 Months Ended

Mar. 31, 2024

Segment Reporting [Abstract]

SCHEDULE OF OPERATING SEGMENTS

		For the Year Ended March 31, 2024
		Ammunition				Marketplace				Corporate and other expenses				Total
		(As Restated)
Net Revenues		$	91,112,496			$	53,942,076			$	-			$	145,054,572
Cost of Revenues			94,818,546				7,660,541				-				102,479,087
General and administrative expense			8,967,456				9,885,131				29,800,768				48,653,355
Depreciation and amortization			508,485				13,034,306				-				13,542,791
Income/(Loss) from Operations		$	(13,181,991	)		$	23,362,098			$	(29,800,768	)		$	(19,620,661	)

		For the Year Ended March 31, 2023
		Ammunition				Marketplace				Corporate and other expenses				Total
		(As Restated)
Net Revenues		$	128,290,128			$	63,149,673			$	-			$	191,439,801
Cost of Revenues			126,961,549				9,116,939				-				136,078,488
General and administrative expense			10,378,456				9,707,425				29,444,236				49,530,117
Depreciation and amortization			578,326				12,700,436				-				13,278,762
Income/(Loss) from Operations		$	(9,628,203	)		$	31,624,873			$	(29,444,236	)		$	(7,447,566	)

		For the Year Ended March 31, 2022
		Ammunition				Marketplace				Corporate and other expenses				Total
		(As Restated)
Net Revenues		$	175,660,650			$	64,608,516			$	-			$	240,269,166
Cost of Revenues			142,820,590				8,732,351				-				151,552,941
General and administrative expense			11,932,720				8,434,308				26,098,079				46,465,107
Depreciation and amortization			1,602,695				12,122,370				-				13,725,065
Income/(Loss) from Operations		$	19,304,645			$	35,319,487			$	(26,098,079	)		$	28,526,053

Total assets by segment were as follows:

		For the Year Ended
		March 31, 2024				March 31, 2023				March 31, 2022
Ammunition		$	167,001,641			$	154,904,363			$	161,967,259
Marketplace			236,037,694				258,290,780				253,873,206
		$	403,039,335			$	413,195,143			$	415,840,465

Total capital expenditures by segment were as follows:

		For the Year Ended
		March 31, 2024				March 31, 2023				March 31, 2022
Ammunition		$	5,519,135			$	10,819,177			$	17,728,023
Marketplace			2,505,630				1,722,148				1,490,959
		$	8,024,765			$	12,541,325			$	19,218,982

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

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X

- References

No definition available.

+ Details

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