GOODWILL AND INTANGIBLE ASSETS (Tables)

3 Months Ended

Jun. 30, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

SCHEDULE OF INTANGIBLE ASSETS

SCHEDULE OF INTANGIBLE ASSETS

						June 30, 2024
		Life				Licenses				Patent				Other Intangible Assets
Licensing Agreement – Jesse James			5			$	125,000			$	-			$	-
Licensing Agreement – Jeff Rann			5				125,000				-				-
Streak Visual Ammunition patent			11.2				-				950,000				-
SWK patent acquisition			15				-				6,124,005				-
Jagemann Munition Components:
Customer Relationships			3				-				-				1,450,613
Intellectual Property			3				-				-				1,543,548
Tradename			5				-				-				2,152,076
GDI Acquisition:
Tradename			15				-				-				76,532,389
Customer List			10				-				-				65,252,802
Intellectual Property			10				-				-				4,224,442
Other Intangible Assets			5				-				-				607,747
							250,000				7,074,005				151,763,617

Accumulated amortization – Licensing Agreements							(250,000	)			-				-
Accumulated amortization – Patents							-				(2,658,081	)			-
Accumulated amortization – Intangible Assets							-				-				(43,780,775	)
						$	-			$	4,415,924			$	107,982,842

SCHEDULE OF ANNUAL AMORTIZATION OF INTANGIBLE ASSET

Annual amortization of intangible assets for the next five fiscal years are as follows:

Years Ended March 31,		Estimates for Fiscal Year
2024⁽¹⁾		$	9,461,051
2025			12,614,775
2026			12,549,188
2027			12,543,226
2028			12,507,792
Thereafter			52,722,734
		$	112,398,766

(1)	This amount represents future amortization for the remaining nine months of fiscal year 2024. It does not include any amortization for the three months ended June 30, 2024.