Quarterly report pursuant to Section 13 or 15(d)

PROPERTY AND EQUIPMENT

v3.19.3
PROPERTY AND EQUIPMENT
6 Months Ended
Sep. 30, 2019
Notes to Financial Statements [Abstract]  
PROPERTY AND EQUIPMENT [Text Block]

NOTE 2 - PROPERTY AND EQUIPMENT

Property and Equipment consisted of the following at:

 

 

 

September 30, 2019

 

 

March 31, 2019

 

  Property and Equipment consisted of the following at:   (unaudited)        

 

Machinery and Equipment

$

3,971,789

 

$

3,764,533

 

 

Office Equipment

 

29,300

 

 

29,300

 

 

Less: Accumulated Depreciation

 

(2,322,265

)

 

(1,848,568

)

 

Property and Equipment, net

$

1,682,516

 

$

1,945,265

 

 

Depreciation expense for the three months eneded September 30, 2019 and 2018 was $239,757 and $110,083, repectively.

Depreciation expense for the six months ended September 30, 2019 and 2018 was $473,697 and $224,156, respectively.