v3.21.2

5. Property and Equipment | 12 Months Ended
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Mar. 31, 2021
Property, Plant and Equipment [Abstract] |
Property and Equipment | NOTE 5 – PROPERTY AND EQUIPMENT Property and equipment, net, consisted of the following at March 31, 2021 and 2020:
|  | March 31, 2021 |  |  | March 31, 2020 |
Gym equipment |  | $ | 420,880 |  |  | $ | 163,147 |
Cages |  |  | 132,350 |  |  |  | 124,025 |
Event assets |  |  | 92,117 |  |  |  | 61,319 |
Furniture and fixtures |  |  | 16,766 |  |  |  | – |
Production truck gear |  |  | 11,740 |  |  |  | – |
Production equipment |  |  | 32,875 |  |  |  | 30,697 |
Venue lighting system |  |  | 37,250 |  |  |  | – |
Leasehold improvements |  |  | 43,712 |  |  |  | – |
Electronics hardware and software |  |  | 124,624 |  |  |  | 11,845 |
Trucks trailers and vehicles |  |  | 197,921 |  |  |  | 11,210 |
|  |  | 1,110,235 |  |  |  | 402,243 |
Less: accumulated depreciation |  |  | (165,236 | ) |  |  | (50,850 | )
|  | $ | 944,999 |  |  | $ | 351,393 |
Depreciation expense related to these assets for the years ended March 31, 2021 and 2020 amounted to $114,386 and $34,443, respectively.

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