v3.22.0.1

PROPERTY AND EQUIPMENT

9 Months Ended

Dec. 31, 2021

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT

NOTE 5 – PROPERTY AND EQUIPMENT

Property and equipment, net, consisted of the following as of December 31, 2021, and March 31, 2021: 

Schedule of property and equipment
		As of				As of
		December 31, 2021				March 31, 2021
Gym equipment		$	533,253			$	420,880
Cages			151,009				132,350
Event assets			116,088				92,117
Furniture and fixtures			16,765				16,766
Production truck gear			11,740				11,740
Production equipment			60,888				32,875
Venue lighting system			38,266				37,250
Leasehold improvements			215,643				43,712
Electronics hardware and software			164,921				124,624
Trucks trailers and vehicles			234,533				197,921
			1,543,106				1,110,235
Less: accumulated depreciation			(349,830	)			(165,236	)
		$	1,193,276			$	944,999

Depreciation expense related to these assets for the nine months ended December 31, 2021, and 2020 amounted to $210,663 and $70,025, 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 http://asc.fasb.org/extlink&oid=120429125&loc=d3e99893-112916

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-URI http://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 http://asc.fasb.org/extlink&oid=120429125&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 http://asc.fasb.org/extlink&oid=120429125&loc=d3e99779-112916

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