Annual report pursuant to Section 13 and 15(d)

PROPERTY AND EQUIPMENT, NET

v3.22.2
PROPERTY AND EQUIPMENT, NET
12 Months Ended
Mar. 31, 2022
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT, NET

2. PROPERTY AND EQUIPMENT, NET

 

Property and equipment, net, consist of the following:

               
    March 31, 2022     March 31, 2021  
Furniture and office equipment, at cost   $ 813,412     $ 585,910  
Leasehold improvements     121,690        
Accumulated depreciation     (493,864 )     (424,934 )
 Furniture and office equipment, net   $ 441,238     $ 160,976  

  

Depreciation expense for the fiscal years ended March 31, 2022 and 2021 was $68,931 and $39,389, respectively.