v3.22.2.2

PROPERTY AND EQUIPMENT

12 Months Ended

Mar. 31, 2022

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT

NOTE 5 – PROPERTY AND EQUIPMENT

Property and equipment, net, consisted of the following at March 31, 2022 and 2021: 

Schedule of property and equipment
		March 31, 2022				March 31, 2021
Gym equipment		$	229,821			$	420,880
Cages			151,009				132,350
Event assets			122,795				92,117
Furniture and fixtures			19,366				16,766
Production truck gear			11,740				11,740
Production equipment			80,965				32,875
Venue lighting system			38,266				37,250
Leasehold improvements			126,851				43,712
Electronics hardware and software			181,720				124,624
Trucks trailers and vehicles			289,028				197,921
			1,251,561				1,110,235
Less:  accumulated depreciation			(267,344	)			(165,236	)
		$	984,217			$	944,999

Depreciation expense related to these assets for the years ended March 31, 2022 and 2021 amounted to $293,275 and $114,386, respectively.

X

- References

No definition available.

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X

- Definition

The entire disclosure for long-lived, physical asset used in normal conduct of business and not intended for resale. Includes, but is not limited to, work of art, historical treasure, and similar asset classified as collections.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 958
-SubTopic 360
-Section 50
-Paragraph 6
-URI https://asc.fasb.org/extlink&oid=126982197&loc=d3e99893-112916

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-URI https://asc.fasb.org/topic&trid=2155823

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 958
-SubTopic 360
-Section 50
-Paragraph 7
-URI https://asc.fasb.org/extlink&oid=126982197&loc=SL120174063-112916

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 958
-SubTopic 360
-Section 50
-Paragraph 1
-Subparagraph (d)
-URI https://asc.fasb.org/extlink&oid=126982197&loc=d3e99779-112916

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