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Subsequent Events
6 Months Ended
Sep. 30, 2021
Subsequent Events [Abstract]  
Subsequent Events

Note 20 — Subsequent Events

 

On October 17, 2021, the Company completed its acquisition of Gramophone Media Inc. (“Gramophone”) to acquire 100% of the equity interests in Gramophone in exchange for consideration comprising of $150,000 in cash and $250,000 in shares of the Company’s restricted common stock. The purchase price consideration shall also include an additional amount in cash of $250,000 if Gramophone achieves agreed upon GAAP revenue and EBITDA (as defined in the purchase agreement) targets. The disclosures required by ASC 805 have not been included for the acquisition as the transaction was recently consummated and the initial purchase accounting is incomplete.