v3.22.2.2

PROPERTY AND EQUIPMENT

3 Months Ended

Jun. 30, 2022

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT

NOTE 5 – PROPERTY AND EQUIPMENT

Property and equipment, net, consisted of the following at June 30, 2022 and March 31, 2022: 

Schedule of property and equipment
		June 30, 2022				March 31, 2022
Gym equipment		$	229,821			$	229,821
Cages			151,009				151,009
Event assets			122,795				122,795
Furniture and fixtures			19,366				19,366
Production truck gear			11,740				11,740
Production equipment			80,965				80,965
Venue lighting system			38,266				38,266
Leasehold improvements			135,301				126,851
Electronics hardware and software			191,299				181,720
Trucks trailers and vehicles			289,028				289,028
			1,269,590				1,251,561
Less: accumulated depreciation			(333,027	)			(267,344	)
		$	936,563			$	984,217

Depreciation expense related to these assets for the three months ended June 30, 2022 and 2021 amounted to $65,683 and $61,859, 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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