XML 54 R41.htm IDEA: XBRL DOCUMENT v3.25.2
SCHEDULE OF RESULTS OF OPERATIONS OF AMMUNITION SEGMENT REPORTED AS DISCONTINUED OPERATIONS (Details) - USD ($)
12 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Mar. 31, 2023
Disposal Group, Including Discontinued Operation, Income Statement Disclosures [Abstract]      
Net revenues [1] $ 74,867,419 $ 91,112,496 $ 128,290,128
Cost of revenues 83,079,531 94,818,546 126,961,549
Gross profit (8,212,112) (3,706,050) 1,328,579
Operating expenses      
Selling and marketing 1,296,141 1,179,659 2,542,074
Corporate general and administrative 8,553,708 6,146,966 6,014,380
Employee salaries and related expenses 2,610,046 1,636,496 2,008,625
Depreciation and amortization expense 35,866 508,485 578,326
Total operating expenses 12,495,761 9,471,606 11,143,405
Loss from operations (20,707,873) (13,177,656) (9,814,826)
Total other income/(expense) (617,756) (923,603) (515,207)
Impairment of assets (45,847,430)
Loss from discontinued operations before income taxes (67,173,059) (14,101,259) (10,330,033)
Provision (benefit) for income taxes (1,560,922) (2,857,826) 2,059,294
Loss from discontinued operations, net of tax $ (65,612,137) $ (11,243,433) $ (12,389,327)
[1] Included in revenue for the years ended March 31, 2025, 2024 and 2023 are excise taxes of $4,972,452, $6,155,524 and $9,789,897, respectively.