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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
3 Months Ended
Jun. 30, 2024
Accounting Policies [Abstract]  
SCHEDULE OF CONCENTRATION RISK OF TOTAL REVENUES AND ACCOUNTS RECEIVABLE

 

 

Three Months Ended

 

 

 

Three Months Ended

 

 

 

June 30, 2024

 

 

 

March 31, 2024

 

PERCENTAGES

 

Revenues

 

 

Accounts
Receivable

 

 

 

Revenues

 

 

Accounts
Receivable

 

Customers:

 

 

 

 

 

 

 

 

 

 

 

 

 

A

 

 

-

 

 

 

-

 

 

 

 

-

 

 

 

11.8

%

 

 

-

 

 

 

-

 

 

 

 

-

 

 

 

-

 

SCHEDULE OF DISAGGREGATED REVENUE FROM CUSTOMERS BY SEGMENT

 

 

For the Three Months Ended

 

 

 

June 30, 2024

 

 

June 30, 2023

 

Ammunition sales(1)

 

$

13,359,554

 

 

$

14,106,029

 

Marketplace revenue

 

 

12,281,991

 

 

 

13,912,202

 

Casing sales

 

 

5,312,005

 

 

 

6,236,344

 

Total Sales

 

$

30,953,550

 

 

$

34,254,575

 

(1)
Included in revenue for the three months ended June 30, 2024 and 2023 are excise taxes of $1,303,603 and $1,175,796, respectively.