v3.22.0.1

PROPERTY AND EQUIPMENT | 9 Months Ended
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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.

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- 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 + Details
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