v3.22.2.2
PROPERTY AND EQUIPMENT
 6 Months Ended
Sep. 30, 2022
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

NOTE 5 – PROPERTY AND EQUIPMENT

 

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

     
   September 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   (398,819)   (267,344)
   $870,771   $984,217 

 

Depreciation expense related to these assets for the three months ended September 30, 2022 and 2021 amounted to $65,792 and $72,280, respectively. Depreciation expense related to these assets for the six months ended September 30, 2022 and 2021 amounted to $131,475 and $134,140, respectively.