XML 32 R22.htm IDEA: XBRL DOCUMENT
v3.23.2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables) | 3 Months Ended
--- | ---
Jun. 30, 2023
Accounting Policies [Abstract] |
SCHEDULE OF DISAGGREGATION OF REVENUE | Revenue is derived from five different major product lines. Disaggregated revenue from these product lines for the three months ended June 30, 2023 and 2022 consisted of the following: SCHEDULE OF DISAGGREGATION OF REVENUE
|  | Three Months Ended |
Product Line |  | June 30, 2023 |  |  | June 30, 2022 |
Karaoke Machines |  | $ | 1,463,000 |  |  | $ | 8,159,000 |
Microphones and Accessories |  |  | 957,000 |  |  |  | 2,420,000 |
SMC Kids Toys |  |  | 21,000 |  |  |  | 936,000 |
Licensed Products |  |  | 8,000 |  |  |  | 45,000 |
Music Subscriptions |  |  | 176,000 |  |  |  | 132,000 |
Total Net Sales |  | $ | 2,625,000 |  |  | $ | 11,692,000 |
SCHEDULE OF ANTIDILUTIVE SECURITIES EXCLUDED FROM COMPUTATION OF EARNING PER SHARE | Computation of dilutive shares for the three months ended June 30, 2023 and 2022 are as follows: SCHEDULE OF ANTIDILUTIVE SECURITIES EXCLUDED FROM COMPUTATION OF EARNING PER SHARE
|  | For the three months ended June 30, 2023 |  |  | For the three months ended June 30, 2022 |
Basic weighted average common shares outstanding |  |  | 3,872,447 |  |  |  | 1,911,485 |
Effect of dilutive stock options |  |  | - |  |  |  | - |
Diluted weighted average of common shares outstanding |  |  | 3,872,447 |  |  |  | 1,911,485 |

X
- References No definition available. + Details
Name: | us-gaap_AccountingPoliciesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-5 + Details
Name: | us-gaap_DisaggregationOfRevenueTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 + Details
Name: | us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration