RiskOn International (ROII) 10-Q 20 Feb 24 2024 Q3 Quarterly report Financial data

Cover

Cover - shares	9 Months Ended
	Dec. 31, 2023	Feb. 16, 2024
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Dec. 31, 2023
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2024
Current Fiscal Year End Date	--03-31
Entity File Number	001-40701
Entity Registrant Name	RISKON INTERNATIONAL, INC.
Entity Central Index Key	0001437491
Entity Tax Identification Number	30-0680177
Entity Incorporation, State or Country Code	NV
Entity Address, Address Line One	11411 Southern Highlands Pkwy
Entity Address, Address Line Two	Suite 240
Entity Address, City or Town	Las Vegas
Entity Address, State or Province	NV
Entity Address, Postal Zip Code	89141
City Area Code	(800)
Local Phone Number	762-7293
Title of 12(b) Security	Common Stock, $0.001 par value per share
Trading Symbol	ROI
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		32,634,808

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($)	Dec. 31, 2023	Mar. 31, 2023
CURRENT ASSETS
Cash and cash equivalents	$ 101,487	$ 65,838
Accounts receivable	63,246
Investment - White River Energy Corp. (“WTRV”)	9,224,785	9,224,785
Prepaid expenses and other current assets	376,360	1,200,157
Assets in bankruptcy		21,911
Current assets of discontinued operations held for sale	60,860	1,302,709
TOTAL CURRENT ASSETS	9,826,738	11,815,400
Property and equipment, net	336,593	323,816
Intangible assets, net	5,892,389	6,204,339
Right-of-use assets, operating leases	264,519	0
Other non-current assets	256,000
Non-current assets in bankruptcy	124,973	4,447,891
Non-current assets of discontinued operations/held for sale	259,790	984,071
TOTAL ASSETS	16,961,002	23,775,517
CURRENT LIABILITIES
Accounts payable	10,813,484	3,503,179
Accrued liabilities	922,498	1,101,447
Dividends payable	1,342,259
Derivative liabilities	1,375,063	19,862,226
Notes and related party advances	944,739
Current portion of long-term debt	313,860	311,542
Advances - former parent of Bitnile.com, Inc. (“BNC”)	3,760,857	5,782,643
Liabilities in bankruptcy	3,259,928	3,061,430
Current portion of convertible note payable	4,559,619
Current portion of lease liability - operating leases	16,765
Current liabilities of discontinued operations/held for sale	1,750,910	3,569,672
TOTAL CURRENT LIABILITIES	29,059,982	37,192,139
LONG TERM LIABILITIES
Operating lease liability, non-current	219,492
Long-term debt net of current portion	132,336	149,716
Non-current liabilities of discontinued operations/held for sale	1,108,955	377,786
TOTAL LIABILITIES	30,520,765	37,719,641
SHAREHOLDERS’ DEFICIT
Common stock, $0.001 par value, 500,000,000 shares authorized; 10,734,744 and 1,383,832 shares issued and outstanding as of December 31, 2023 and March 31, 2023, respectively	10,735	1,384
Additional paid-in capital	224,229,296	199,062,577
Accumulated deficit	(232,241,623)	(208,677,438)
Total shareholders’ deficit before non-controlling interest	(8,001,592)	(9,613,477)
Non-controlling interest	(5,558,171)	(4,330,647)
TOTAL SHAREHOLDERS’ DEFICIT	(13,559,763)	(13,944,124)
TOTAL LIABILITIES AND SHAREHOLDERS’ DEFICIT	16,961,002	23,775,517
Series A Preferred Stock [Member]
SHAREHOLDERS’ DEFICIT
Preferred stock value
Series B Preferred Stock [Member]
SHAREHOLDERS’ DEFICIT
Preferred stock value
Series C Preferred Stock [Member]
SHAREHOLDERS’ DEFICIT
Preferred stock value
Series D Preferred Stock [Member]
SHAREHOLDERS’ DEFICIT
Preferred stock value

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Unaudited) (Parenthetical) - $ / shares	Dec. 31, 2023	Mar. 31, 2023
Common stock, par value (in Dollars per share)	$ 0.001	$ 0.001
Common stock, shares authorized	500,000,000	500,000,000
Common stock, shares issued	10,734,744	1,383,832
Common stock, shares outstanding	10,734,744	1,383,832
Series A Preferred Stock [Member]
Preferred stock, par value (in Dollars per share)	$ 0.001	$ 0.001
Preferred stock, shares authorized	5,000,000	5,000,000
Preferred stock, shares issued	703	882
Preferred stock, shares outstanding	703	882
Series B Preferred Stock [Member]
Preferred stock, shares issued	8,883.4	8,637.5
Preferred stock, shares outstanding	8,883.4	8,637.5
Series C Preferred Stock [Member]
Preferred stock, shares issued	1,401.3	1,362.5
Preferred stock, shares outstanding	1,401.3	1,362.5
Series D Preferred Stock [Member]
Preferred stock, shares issued	611.2	0
Preferred stock, shares outstanding	611.2	0

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2023	Dec. 31, 2022
Income Statement [Abstract]
RiskOn360 revenue	$ 240,356		$ 240,356
BitNile.com and service revenue			64,350
Cost of revenue	2,058,024		2,172,746
Gross loss	(1,817,668)		(1,868,040)
Operating expenses
Salaries	1,038,788	241,403	2,461,243	917,215
Professional and consulting fees	359,745	123,288	790,221	248,015
Selling, general and administration	6,897,295	1,089,816	23,175,273	2,386,655
Depreciation and amortization	125,016		371,223
Total operating expenses	8,420,844	1,454,507	26,797,960	3,551,885
Operating loss	(10,238,512)	(1,454,507)	(28,666,000)	(3,551,885)
Other income (expense)
Change in fair value of derivative liabilities	824,475	6,124,833	23,807,318	9,017,305
Dividend expense	(1,589,046)		(4,739,726)
Loss on conversion of derivative liability to common stock in conversion of preferred stock		(3,923)		(3,923)
Gain on conversion of notes and derivative liability	2,563		2,563
Loss on disposal of fixed assets	(2,454)		(2,454)
Loss on redemption of Series A preferred stock	(1,938,587)		(1,938,587)
Amortization of discounts	(1,588,474)		(4,172,858)
Interest (expense) income, net of interest income	(25,219)	87,611	(70,764)	(77,353)
Total other (expense) income	(4,316,742)	6,208,521	12,885,492	8,936,029
(Loss) gain from continuing operations before discontinued operations	(14,555,254)	4,754,014	(15,780,508)	5,384,144
Discontinued operations
Loss from discontinued operations	(243,863)	(2,327,043)	(9,501,589)	(26,592,798)
Gain (loss) on disposal of discontinued operations			683,152	(11,823,395)
Total loss from discontinued operations	(243,863)	(2,327,043)	(8,818,437)	(38,416,193)
Net (loss) income	(14,799,117)	2,426,971	(24,598,945)	(33,032,049)
Net income attributable to non-controlling interest		322,351	1,227,524	2,642,559
Net (loss) income to controlling interest	(14,799,117)	2,749,322	(23,371,421)	(30,389,490)
Less preferred stock dividends	192,764	99,737	192,764	484,213
Net (loss) income to controlling interest of common shareholders	$ (14,991,881)	$ 2,649,585	$ (23,564,185)	$ (30,873,703)
Net income (loss) continuing operations - basic	$ (3.31)	$ 5	$ (5.53)	$ 5.90
Net income (loss) continuing operations - diluted	(3.31)	5	(5.53)	5.90
Net loss from discontinued operations - basic	(0.06)	(2.45)	(3.09)	(42.11)
Net loss from discontinued operations -diluted	(0.06)	(2.45)	(3.09)	(42.11)
Net (loss) income per share - basic	(3.37)	2.55	(8.62)	(36.21)
Net (loss) income per share - diluted	$ (3.37)	$ 2.55	$ (8.62)	$ (36.21)
Weighted Average Number of Shares Outstanding, Basic	4,387,130	949,996	2,854,949	912,320
Weighted Average Number of Shares Outstanding, Diluted	4,387,130	949,996	2,854,949	912,320

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Changes in Shareholders' Deficit (Unaudited) - USD ($)	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Treasury Stocks [Member]	Noncontrolling Interest [Member]	Total
Beginning balance, value at Mar. 31, 2022	$ 879	$ 183,271,546	$ (158,868,204)	$ (1,670,575)	$ (599,058)	$ 22,134,588
Beginning balance, shares at Mar. 31, 2022	878,803
Shares issued for commitment for preferred stock offering, net of expenses	$ 3	193,413				193,416
Shares issued for commitment for preferred stock offering, net of expenses, shares	3,429
Shares issued by Agora for services rendered, net of amounts prepaid		5,215,287				5,215,287
Share-based compensation		182,561				182,561
Net loss			(10,153,204)		(571,261)	(10,724,465)
Preferred stock dividends			43,151			43,151
Ending balance, value at Jun. 30, 2022	$ 882	188,862,807	(169,064,559)	(1,670,575)	(1,170,319)	16,958,236
Ending balance, shares at Jun. 30, 2022	882,232
Shares issued in conversion of preferred stock to common stock	$ 43	2,636,761				2,636,804
Shares issued in conversion of preferred stock to common stock, shares	42,540
Shares issued in settlement	$ 14	(625,589)		1,670,575		1,045,000
Shares issued in settlement, shares	14,430
Shares issued by Agora for services rendered, net of amounts prepaid		2,956,922				2,956,922
Share-based compensation		160,040				160,040
Disposal of subsidiaries in reverse merger transactions			28,871,171		532,949	29,404,120
Net loss			(22,985,608)		(1,748,947)	(24,734,555)
Preferred stock dividends			(341,325)			(341,325)
Ending balance, value at Sep. 30, 2022	$ 939	193,990,941	(163,520,321)		(2,386,317)	28,085,242
Ending balance, shares at Sep. 30, 2022	939,202
Shares issued in conversion of preferred stock to common stock	$ 38	545,551				545,589
Shares issued in conversion of preferred stock to common stock, shares	38,015
Shares issued in conversion of preferred stock dividends	$ 5	104,558				104,563
Shares issued in conversion of preferred stock dividends, shares	4,661
Shares issued by Agora for services rendered, net of amounts prepaid		791,491				791,491
Share-based compensation		128,086				128,086
Net loss			2,749,322		(322,351)	2,426,971
Preferred stock dividends			(99,737)			(99,737)
Ending balance, value at Dec. 31, 2022	$ 982	195,560,627	(160,870,736)		(2,708,668)	31,982,205
Ending balance, shares at Dec. 31, 2022	981,878
Beginning balance, value at Mar. 31, 2023	$ 1,384	199,062,577	(208,677,438)		(4,330,647)	(13,944,124)
Beginning balance, shares at Mar. 31, 2023	1,383,832
Shares issued for cash under at-the-market (“ATM”), net of fees	$ 935	1,779,505				1,780,440
Shares issued for cash under at-the-market (ATM), net of fees	935,452
Shares issued for preferred stock dividends	$ 40	$ 300,118				300,158
Shares issued for preferred stock dividends, shares		40,022
Shares issued by Agora Digital Holdings, Inc. (“Agora”) for services rendered, net of amounts prepaid		$ 630,206				630,206
Share-based compensation		258,655				258,655
Net loss			5,945,601		(484,879)	5,460,722
Ending balance, value at Jun. 30, 2023	$ 2,359	202,031,061	(202,731,837)		(4,815,526)	(5,513,943)
Ending balance, shares at Jun. 30, 2023	2,359,306
Shares issued by Agora for services rendered, net of amounts prepaid		1,721,310				1,721,310
Net loss			(14,517,905)		(742,645)	(15,260,550)
Ending balance, value at Sep. 30, 2023	$ 2,359	203,752,371	(217,249,742)		(5,558,171)	(19,053,183)
Ending balance, shares at Sep. 30, 2023	2,359,306
Shares issued for preferred stock dividends	$ 73	$ 550,159				550,232
Shares issued for preferred stock dividends, shares		73,361
Shares issued under equity line of credit (“ELOC”) agreement	6,974	$ 1,057,922				1,064,896
Shares issued under equity line of credit (ELOC) agreement, shares		6,974,156
Shares issued for commitment to ELOC offering	635	$ 384,498				385,133
Shares issued for commitment to ELOC offering, shares		634,152
Shares issued in the conversion of the senior convertible note	694	$ 358,427				359,121
Shares issued in the conversion of the senior convertible, shares		693,769
Series D shares issued for conversion of liabilities		$ 15,085,931				15,085,931
Series D dividends		192,764	(192,764)
Series B and C shares issued for payment-in-kind (“PIK”) dividends		2,847,224				2,847,224
Net loss			(14,799,117)			(14,799,117)
Ending balance, value at Dec. 31, 2023	$ 10,735	$ 224,229,296	$ (232,241,623)		$ (5,558,171)	$ (13,559,763)
Ending balance, shares at Dec. 31, 2023	10,734,744

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	9 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Statement of Cash Flows [Abstract]
Net loss	$ (23,564,185)	$ (30,873,703)
Adjustments to reconcile net loss to net cash used in operating activities:
Change in non-controlling interest	(1,227,524)	(2,642,559)
Amortization of discount	4,172,858	47,515
Depreciation, amortization and impairment	371,223
Legal costs for ATM facility	110,000
Increase from former parent of BNC overhead allocation	1,748,537
Debt modification expense		879,368
Share-based compensation	258,655	470,687
(Gain) loss on disposal of Zest Labs, Inc. (“Zest Labs”) and other fixed assets	(683,152)
Change in fair value of derivative liabilities	(23,807,318)	(6,138,960)
Derivative income		(2,878,345)
Loss on conversion of derivative liabilities to common stock		3,923
Shares issued for preferred dividend	850,277
Gain on conversion of note payable and derivative liability	(2,563)
Loss on disposal of WTRV and Banner Midstream		12,534,900
Gain on disposal of Trend Discovery Holdings, LLC (“Trend Discovery”)		(711,505)
Shares of common stock issued for services		1,045,000
Commitment fees on long-term debt	510,238	17,681
Changes in operating assets and liabilities
Accounts receivable	(63,246)
Prepaid expenses and other current assets	788,484	(46,654)
Dividend payable	4,382,359
Amortization of right of use asset - operating leases	(5,488)
Operating lease expense	61,425
Accounts payable	6,896,278	298,539
Accrued liabilities	(178,949)	287,563
Total adjustments	(5,817,906)	3,167,153
Net cash used in operating activities of continued operations	(29,382,091)	(27,706,550)
Net cash provided by discontinued operations	8,824,813	15,321,082
Net cash used in operating activities	(20,557,278)	(12,385,468)
Cash flows from investing activities:
Investment – securities	(250,000)
Purchase of fixed assets	(72,050)
Net cash used in investing activities of continuing operations	(322,050)
Net cash provided by investing activities of discontinued operations		517,221
Net cash (used in) provided by investing activities	(322,050)	517,221
Cash flows from financing activities:
Proceeds from former parent of BNC, net	13,253,948
Redemption of preferred stock	(1,305,000)
Proceeds from note - related party	80,000	741,000
Payments on note - related party		(616,000)
Proceeds from long-term debt	800,000	487,500
Payments of long-term debt	(24,202)	(819,562)
Proceeds from convertible note	5,390,000
Proceeds from the sale of common stock under ATM	1,655,335
Proceeds from the sale of common stock under ELOC	1,064,896
Proceeds from the sale of preferred stock		12,000,000
Net cash provided by financing activities of continuing operations	20,914,977	11,792,938
Net cash provided by financing activities of discontinued operations		23,359
Net cash provided by financing activities	20,914,977	11,816,297
Net increase (decrease) in cash and cash equivalents	35,649	(51,950)
Cash at beginning of period	65,838	78,723
Cash at end of period	101,487	26,773
SUPPLEMENTAL DISCLOSURES
Cash paid for interest expense	17,713	11,173
SUMMARY OF NON-CASH ACTIVITIES
Reclassification of convertible notes and warrants to derivative liability	4,686,817
Reclassification of redemption of Series A to due to BMC former parent
Recognition of new operating lease right-of-use assets and lease liabilities	270,007
Issuance costs on mezzanine equity		193,416
Preferred stock dividend paid in shares of common stock		104,563
Non-controlling interest recorded in consolidation of Enviro Technologies US, Inc.		2,003,211
Preferred shares converted into common stock		3,182,416
Mezzanine equity reclassified to liability upon amendment		$ 9,551,074

DESCRIPTION OF BUSINESS

DESCRIPTION OF BUSINESS	9 Months Ended
	Dec. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
DESCRIPTION OF BUSINESS	1. DESCRIPTION OF BUSINESS Overview On March 15, 2023, Ecoark Holdings Inc. changed its name to BitNile Metaverse Inc. and subsequently on November 1, 2023, it changed its name to RiskOn International, Inc (“ROI” or the “Company”). The Company also changed its ticker symbol from BNMV to ROI. The change in both name and ticker is underscored by the Company’s commitment to developing a vertically integrated community while creating a seamless and enriched user experience. The Company is a holding company, incorporated in the State of Nevada on November 19, 2007. On August 25, 2023, the Company’s former subsidiary Zest Labs, along with the Company and Zest Labs Holdings, LLC (owned by Gary Metzger, a current board member of the Company and therefore a related party) (the “Purchaser”), entered into a stock purchase agreement, whereby the Purchaser purchased 100% 683,152 Through December 31, 2023, the Company’s former wholly owned subsidiaries have been treated for accounting purposes as divested. Please refer to our Annual Report for the year ended March 31, 2023 (“2023 Annual Report”) filed with the Securities and Exchange Commission (“SEC”) on July 14, 2023 for details on all of our prior subsidiaries that were divested in the year ended March 31, 2023 and an overview of the business conducted in those subsidiaries. This quarterly report on Form 10-Q (the “Report”) includes only those subsidiaries as of December 31, 2023. The comparative financial statements for the three and nine months ended December 31, 2022 reflect the operations of those subsidiaries that were sold during the year ended March 31, 2023 as discontinued operations in the condensed consolidated statements of operations and as assets and liabilities of discontinued operations on the condensed consolidated balance sheets. The BitNile.com metaverse (the “Metaverse”) represents a significant development in the online metaverse landscape. By integrating various elements such as virtual markets, real world goods marketplaces and VIP experiences, gaming, social activities, sweepstakes, gambling, and more, the Company aims to revolutionize the way people interact online. The Company’s subsidiary RiskOn360, Inc., organizes and holds business training and coaching conferences and learning seminars in certain cities across the United States. The curated events are designed for the attendees to learn from keynote speakers and panelists and have intimate networking opportunities. In November 2023, the Company formed wholly owned subsidiary GuyCare, Inc. (“GuyCare”). GuyCare will provide health and wellness services as a core part of creating a sound and successful individual, specializing in men’s health. The clinics are expected to provide discreet and confidential care, ensuring men’s health and well-being through proven therapeutic interventions and innovative wellness programs. The first GuyCare clinic opened in January 2024. The Company is focused on the development, promotion, and awareness of artificial intelligence (“AI”) integration, and primarily within the business community. In cooperation with Meetkai, the Company aims to cultivate businesses and individuals by offering a technology solution with high growth potential. The Company’s flagship product, "askROI," is a generative AI platform built upon a proprietary large language model. Businesses and individuals alike can leverage askROI's capabilities for tasks such as research optimization, content creation, streamlined communication, and workflow improvement. The Company’s ultimate vision for askROI is to create a one-stop-shop for individuals and businesses to access generative AI products. The Company plans to regularly integrate new tools and products within the askROI platform to continually expand the capabilities and opportunities within askROI. Bankruptcy Filings On November 1, 2023, Agora and Bitstream Mining LLC (“Bitstream”), Agora’s sole operating subsidiary, filed petitions for Chapter 7 bankruptcy in the United States Bankruptcy Court for the Western District of Texas. As a result, the Company deemed Agora as a discontinued operation for the periods ended March 31 and December 31, 2023. The cases are still pending before the court. See note 21, “Subsequent Events” for additional information on recent developments related to the cases.

LIQUIDITY AND GOING CONCERN

LIQUIDITY AND GOING CONCERN	9 Months Ended
	Dec. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
LIQUIDITY AND GOING CONCERN	2. LIQUIDITY AND GOING CONCERN For the three and nine months ended December 31, 2023, the Company had a net loss to controlling interest of common shareholders of $ (14,799,117) (23,371,421) (19,233,244) (25,095,950) (232,241,623) 101,487 The Company believes that the current cash on hand is not sufficient to conduct planned operations for one year from the issuance of the condensed consolidated financial statements. The accompanying financial statements have been prepared assuming the Company will continue as a going concern, but the ability of the Company to continue as a going concern is dependent on the Company obtaining adequate capital to fund operating losses until it establishes continued revenue streams and becomes profitable. Management’s plans to raise additional capital through sales of equity securities and borrowing. However, management cannot provide any assurances that the Company will succeed in accomplishing any of its plans. If the Company is not able to obtain the necessary additional financing on a timely basis, the Company will be required to delay, reduce or perhaps even cease the operation of its business. On April 27, 2023, the Company sold $ 6.875 5.5 $359,121 693,651 On October 30, 2023, the registration statement related to the $100,000,000 $1,064,896 On October 16, 2023 and November 8, 2023, the Company issued terms notes in gross amounts of $210,000 $660,000 $800,000

BASIS OF PRESENTATION AND SIGNI

BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES	9 Months Ended
	Dec. 31, 2023
Accounting Policies [Abstract]
BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES	3 . BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with the instructions to Form 10-Q and Regulation S-X and do not include all the information and disclosures required by generally accepted accounting principles in the United States of America (“GAAP”). The Company has made estimates and judgments affecting the amounts reported in the Company’s condensed consolidated financial statements and the accompanying notes. The actual results experienced by the Company may differ materially from the Company’s estimates. The condensed consolidated financial information is unaudited but reflects all normal adjustments that are, in the opinion of management, necessary to provide a fair statement of results for the interim periods presented. These condensed consolidated financial statements should be read in conjunction with the consolidated financial statements in the Company’s 2023 Annual Report filed with the SEC on July 14, 2023. The consolidated balance sheet as of March 31, 2023 was derived from the Company’s audited 2023 financial statements contained in the 2023 Annual Report. Results of the three and nine months ended December 31, 2023 are not necessarily indicative of the results to be expected for the full year ending March 31, 2024. Noncontrolling Interests In accordance with Accounting Standards Codification (“ASC”) 810-10-45 , 34% 66% Significant Accounting Policies Other than as noted below, there have been no material changes to the Company’s significant accounting policies previously disclosed in the 2023 Annual Report. Hospitality and VIP Services Revenue Hospitality revenue consists of revenue from services provided to groups at certain social functions and sporting events. The Company also sells real world VIP experiences and one-of-a-kind products. Hospitality and VIP service revenue is generated through contracts with customers whereby the customer agrees to pay a contract rate, determined based on common industry prices, for the services the Company provides. The Company recognizes revenue when performance obligations to provide food and services are satisfied at the point in time when the food and services are received by the customer, which is when the event is held and services are complete. The Company recognizes revenue on a gross basis due to the fact that it has control over the food and services and the ability to direct the offerings to multiple end consumers while also ultimately determining the relative pricing offered for the services. For certain events, The Company also uses certain subcontractors that it selects and hires to help transfer services to the end customer. The Company has evaluated its agreements with its food and service subcontractors and based on the preceding, the Company determined that it is the principal in such arrangements and the third-party food and service suppliers are the agent in accordance with ASC 606, Revenue from Contracts with Customers RiskOn360 Revenue RiskOn360 revenue consists of revenue from services provided to attendees of business and coaching conference events. Revenue is generated through contracts whereby a customer agrees to pay a contract price for services provided by the Company at individual conferences organized and held by the Company. The Company recognizes revenue when the performance obligations to provide the learning event and related services are satisfied at the point in time when the services and products are received by the customer, which is when the conference is completed, and all obligations have been satisfied. Net Loss Per Share Basic net loss per common share is computed using the weighted average number of common shares outstanding. Diluted loss per share includes additional dilution from common stock equivalents, such as convertible notes, preferred stock, stock issuable pursuant to the exercise of stock options and warrants. Common stock equivalents are not included in the computation of diluted earnings per share when the Company reports a loss because to do so would be anti-dilutive for periods presented, so only the basic weighted average number of common shares are used in the computations. Anti-dilutive securities, which are convertible into or exercisable for the Company’s common stock, consisted of the following at December 31, 2023 and March 31, 2023: Schedule of anti-dilutive shares December 31, March 31, 2023 2023 Warrants 2,358,297 264,058 Convertible notes 12,753,705 - Convertible preferred stock 44,858,151 14,607,333 Total 59,970,153 14,864,725 Recently Issued Accounting Standards In November 2023, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2023-07, “Segment Reporting (Topic 280): Improvements To Reportable Segment Disclosures” (“ASU 2023-07”). ASU 2023-07 requires public entities to disclose information about the reportable segments’ significant expenses on an interim and annual basis to enable investors to develop more decision-useful financial analyses. The ASU is effective for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024. Entities must adopt the changes to the segment reporting guidance on a retrospective basis. Early adoption is permitted. The Company elected to early adopt ASU 2023-07. See note 20, “Segment Information” for the Company’s process in determining reportable segments and certain financial data of each segment.

DISCONTINUED OPERATIONS

DISCONTINUED OPERATIONS	9 Months Ended
	Dec. 31, 2023
Discontinued Operations and Disposal Groups [Abstract]
DISCONTINUED OPERATIONS	4. DISCONTINUED OPERATIONS As discussed in note 1 and the 2023 Annual Report, during the year ended March 31, 2023, the Company sold all of its subsidiaries, other than Agora and Zest Labs. On August 25, 2023, the Company sold 100% 66% The Company’s loss from discontinued operations includes Trend Discovery, White River Corp, Banner Midstream, Zest Labs and Agora for the three and nine months ended December 31, 2023 and 2022, which were sold in four separate transactions on June 17, 2022, July 25, 2022, September 7, 2022, August 25, 2023, respectively, and Agora which filed for bankruptcy on November 1, 2023. The assets and liabilities of Agora as of December 31, 2023 are reflected on the condensed consolidated balance sheet separately as assets and liabilities in bankruptcy. Current assets as of December 31, 2023 and March 31, 2023– Discontinued Operations: Schedule of current assets December 31, March 31, Wolf Energy $ 60,860 $ 1,297,801 Prepaid expenses - 4,908 $ 60,860 $ 1,302,709 Non-current assets as of December 31, 2023 and March 31, 2023 – Discontinued Operations: Schedule of non-current assets December 31, March 31, Wolf Energy $ 259,790 $ 984,071 $ 259,790 $ 984,071 Current liabilities as of December 31, 2023 and March 31, 2023– Discontinued Operations: Schedule of current liabilities December 31, March 31, Wolf Energy $ 1,750,910 $ 2,952,257 Zest accounts payable - 532,279 Zest accrued expenses - 85,136 $ 1,750,910 $ 3,569,672 Non-current liabilities as of December 31, 2023 and March 31, 2023– Discontinued Operations: Schedule of non-current liabilities December 31, March 31, Wolf Energy $ 1,108,955 $ 377,786 The Company reclassified the following operations to discontinued operations for the three and nine months ended December 31, 2023 and 2022. Schedule of operations to discontinued operations Three Months Ended December 31, Nine Months Ended December 31, 2023 2022 2023 2022 Revenue $ - $ - $ - $ 10,955,153 Operating expenses 243,863 1,858,833 7,384,561 32,681,991 Wolf Energy – net loss - (468,210 ) (1,528,545 ) (4,305,129 ) Other loss - - (174,456 ) (560,831 ) Net loss from discontinued operations $ (243,863 ) $ (2,327,043 ) $ (9,087,562 ) $ (26,592,798 )

BUSINESS COMBINATIONS_DIVESTITU

BUSINESS COMBINATIONS/DIVESTITURES	9 Months Ended
	Dec. 31, 2023
Business Combination and Asset Acquisition [Abstract]
BUSINESS COMBINATIONS/DIVESTITURES	5. BUSINESS COMBINATIONS/DIVESTITURES Zest Labs On August 25, 2023, the Company sold 100% The Company sold the assets and liabilities of Zest Labs noted below at fair value. Schedule of acquired the assets and liabilities Prepaid expenses $ 2,454 Accounts payable and accrued expenses (685,606 ) Total assets and liabilities $ (683,152 ) The Company recorded a gain on disposal of Zest Labs of $ 683,152

REVENUE

REVENUE	9 Months Ended
	Dec. 31, 2023
Revenue from Contract with Customer [Abstract]
REVENUE	6. REVENUE The Company recognizes revenue when it transfers promised services to customers in an amount that reflects the consideration to which it expects to be entitled in exchange for those services. Revenues recorded for our services provided were as follows: Schedule of revenue Three Months Ended December 31, Nine Months Ended December 31, 2023 2022 2023 2022 RiskOn360 revenue $ 240,356 $ - $ 240,356 $ - BitNile.com and service revenue - - 64,350 - Total $ 240,356 $ - $ 304,706 $ - The Company had related party hospitality service sales of $ 0 62,850 0

SENIOR SECURED PROMISSORY NOTE

SENIOR SECURED PROMISSORY NOTE RECEIVABLE	9 Months Ended
	Dec. 31, 2023
Receivables [Abstract]
SENIOR SECURED PROMISSORY NOTE RECEIVABLE	7. SENIOR SECURED PROMISSORY NOTE RECEIVABLE Agora was issued a Senior Secured Promissory Note by Trend Ventures, LP (“Trend Ventures Note”) on June 16, 2022, for the acquisition of Trend Discovery. The Trend Ventures Note is in the principal amount of $4,250,000 5% June 16, 2025 On May 15, 2023, Agora and Trend Ventures, LP entered into a First Amendment of Senior Secured Promissory Note (“First Amendment”), to amend the Trend Ventures Note. The First Amendment amended the following clauses of the Trend Ventures Note: (a) the principal amount was amended from $ 4,250,000 4,443,870 June 16, 2025 May 15, 2025 5% On November 1, 2023, Agora and Bitstream Mining LLC (“Bitstream”), Agora’s sole operating subsidiary, filed petitions for Chapter 7 bankruptcy in the United States Bankruptcy Court for the Western District of Texas. The Trend Ventures Note was included as part of the bankruptcy estate. As of December 31, 2023, the Company has established a full reserve for the principal and accrued interest receivable. See note 21, “Subsequent Events” for additional information on recent developments related to the cases.

INVESTMENTS

INVESTMENTS	9 Months Ended
	Dec. 31, 2023
Investments, All Other Investments [Abstract]
INVESTMENTS	8. INVESTMENTS Series A Convertible Preferred Stock – WTRV On July 25, 2022, the Company entered into a Share Exchange Agreement pursuant to which it sold to WTRV its oil and gas production business, which was part of the commodities segment. The Company received 1,200 42,253,521 As of December 31, 2023, the Company has determined that WTRV is a variable interest entity, but this transaction has not resulted in the Company controlling WTRV, the Company does not have the power to direct activities of WTRV or control the board of directors of WTRV. Based on this determination the Company does not consolidate WTRV. Common Stock – Wolf Energy Services, Inc. On August 23, 2022, the Company entered into a Share Exchange Agreement (the “Agreement”) with Wolf Energy and Banner Midstream. The Company has determined that this transaction has resulted in the Company having a controlling interest in Wolf Energy as the common stock issued represents approximately 66% of the voting common stock of Wolf Energy common stock outstanding at December 31, 2023 and March 31, 2023. Since the Company will be distributing to its shareholders a stock dividend to all common and preferred shareholders with a stock dividend date of September 30, 2022, the Company has reflected Wolf Energy, in discontinued operations as the Company intends to hold no shares and thus no voting interest upon the effectiveness of a registration statement for Wolf Energy, and the investment has been eliminated in consolidation. Subsequent to September 30, 2023, Wolf Energy and Banner Midstream have permanently ceased operations.

PROPERTY AND EQUIPMENT

PROPERTY AND EQUIPMENT	9 Months Ended
	Dec. 31, 2023
Property, Plant and Equipment [Abstract]
PROPERTY AND EQUIPMENT	9. PROPERTY AND EQUIPMENT Property and equipment consisted of the following as of December 31, 2023 and March 31, 2023: Schedule of property and equipment December 31, March 31, (unaudited) Auto – BNC 232,406 232,406 Equipment – BNC 84,404 84,604 Computers and software - 90,000 Equipment 45,050 - Equipment – GuyCare 27,000 - Total property and equipment (1) 388,860 407,010 Accumulated depreciation (52,267 ) (83,194 )) Property and equipment, net $ 336,593 $ 323,816 (1) As of December 31, 2023, $90,000 of the Company’s gross property, plant, and equipment, was fully depreciated, retired and no gain or loss was recognized from the disposal. Depreciation expense for the three and nine months ended December 31, 2023 was $ 21,033 59,273 100% 0 Effective September 30, 2023, the Company impaired $ 5,679,942 1,784,189 3,895,753 247,969 On November 1, 2023, both Agora and Bitstream filed petitions for Chapter 7 bankruptcy in the United States Bankruptcy Court for the Western District of Texas. As a result, Agora’s assets, which represent only one parcel of land in West Texas, have been disclosed as non-current assets in bankruptcy.

INTANGIBLE ASSETS

INTANGIBLE ASSETS	9 Months Ended
	Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
INTANGIBLE ASSETS	10. INTANGIBLE ASSETS Intangible assets consisted of the following as of December 31, 2023 and March 31, 2023: Schedule of intangible assets December 31, March 31, Trademarks $ 5,097,000 $ 5,097,000 Developed technology 1,142,000 1,142,000 Accumulated amortization - trademarks (283,167 ) (28,317 ) Accumulated amortization - developed technology (63,444 ) (6,344 ) Intangible assets, net $ 5,892,389 $ 6,204,339 Amortization expense for the three and nine months ended December 31, 2023 was $ 103,983 311,950 0 On August 25, 2023, the Company sold 100% 0 Amortization expense for the next five years and in the aggregate is as follows: Schedule of amortization expense Remaining fiscal year 2024 $ 103,983 2025 415,933 2026 415,933 2027 415,933 2028 415,933 Thereafter 4,124,674 $ 5,892,389

ACCRUED EXPENSES

ACCRUED EXPENSES	9 Months Ended
	Dec. 31, 2023
Payables and Accruals [Abstract]
ACCRUED EXPENSES	11. ACCRUED EXPENSES Accrued expenses consisted of the following as of December 31, 2023 and March 31, 2023: Schedule of accrued expenses December 31, March 31, Professional fees and consulting costs 662,176 440,215 Compensation paid time off 121,789 73,375 Sponsorship - 500,000 Interest 104,453 61,722 Other 34,080 26,135 Total $ 922,498 $ 1,101,447

WARRANT DERIVATIVE LIABILITIES

WARRANT DERIVATIVE LIABILITIES	9 Months Ended
	Dec. 31, 2023
Warrant Derivative Liabilities
WARRANT DERIVATIVE LIABILITIES	12. WARRANT DERIVATIVE LIABILITIES The Company identified embedded features in some of the warrant agreements which were classified as a liability. These embedded features included (a) the implicit right for the holders to request that the Company settle the warrants in registered shares. Since maintaining an effective registration of shares is potentially outside the control of the Company, these warrants were classified as liabilities as opposed to equity; (b) the right for the holders to request that the Company cash settle the warrant instruments from the holder by paying to the holder an amount of cash equal to the Black-Scholes value of the remaining unexercised portion of the derivative warrant instruments on the date of the consummation of a fundamental transaction; and (c) certain price protections in the agreements. The accounting treatment of derivative financial instruments requires that the Company treat the whole instrument as a liability and record the fair value of the instrument as derivatives as of the inception date of the instrument and to adjust the fair value of the instrument as of each subsequent balance sheet date. The Company has only included descriptions of warrants that are still outstanding as of December 31, 2023. On August 6, 2021, the Company closed a $ 20,000,000 115,942 115,942 172.50 8,116 215.625 11,201,869 0 744,530 On April 27, 2023, the Company closed a $ 6,875,000 2,100,905 3.28 3,334,246 436,408 The Company determined its derivative liabilities to be a Level 3 fair value measurement and used the Black-Scholes pricing model to calculate the fair value as of December 31, 2023 and March 31, 2023. The Black-Scholes model requires six basic data inputs: the exercise or strike price; time to expiration; the risk-free interest rate; the current stock price; the estimated volatility of the stock price in the future; and the dividend rate. Changes to these inputs could produce a significantly higher or lower fair value measurement. The fair value of each warrant is estimated using the Black-Scholes valuation model. The following assumptions were used on December 31, 2023 and March 31, 2023 and at inception: Schedule of fair value of each warrant is estimated using the black-scholes valuation model Nine Year Ended Inception Expected term 1 5 0.25 1.85 5.00 Expected volatility 110 138% 107 110% 91% 107% Expected dividend yield - - - Risk-free interest rate 3.48 4.59% 2.98 3.88% 1.50% 2.77% Market price $ 0.33 4.50 $ 5.40 39.00 The Company’s remaining derivative liabilities as of December 31, 2023 and March 31, 2023 associated with warrant offerings were as follows. Schedule of derivative liabilities December 31, March 31, Fair value of 115,942 August 6, 2021 $ - $ 5,974 Fair value of 8,116 August 6, 2021 - 290 Fair value of 2,100,905 April 27, 2023 436,408 - $ 436,408 $ 6,264 During the nine months ended December 31, 2023 and 2022, the Company recognized changes in the fair value of the derivative liabilities of $ 2,904,102 4,274,183 Activity related to the warrant derivative liabilities for the nine months ended December 31, 2023 was as follows: Schedule of warrant derivative liabilities Beginning balance as of March 31, 2023 $ 6,264 Issuances of warrants – derivative liabilities 3,334,246 Warrants exchanged for common stock - Change in fair value of warrant derivative liabilities (2,904,102 ) Ending balance as of December 31, 2023 $ 436,408 Activity related to the warrant derivative liabilities for the nine months ended December 31, 2022 was as follows: Beginning balance as of March 31, 2022 $ 4,318,630 Issuances of warrants – derivative liabilities - Warrants exchanged for common stock - Change in fair value of warrant derivative liabilities (4,274,183 ) Ending balance as of December 31, 2022 $ 44,447

LONG-TERM DEBT

LONG-TERM DEBT	9 Months Ended
	Dec. 31, 2023
Debt Disclosure [Abstract]
LONG-TERM DEBT	13. LONG-TERM DEBT Long-term debt included in continuing operations consisted of the following as of December 31, 2023 and March 31, 2023: Schedule of long-term debt December 31, March 31, Credit facility -Trend Discovery SPV 1, LLC $ 291,036 $ 291,036 Auto loan 155,160 170,222 Total long-term debt 446,196 461,258 Less: current portion (313,860 ) (311,542 ) Long-term debt, net of current portion $ 132,336 $ 149,716 On December 28, 2018, the Company entered into a $ 10,000,000 The Company is able to request draws from the lender up to $1,000,000 with a cap of $10,000,000. In the year ended March 31, 2022, the Company borrowed $595,855, which included $25,855 in commitment fees, with the balance of $570,000 being disbursed directly to the Company. 26,313 88,035 On February 16, 2022, Agora entered into a long-term secured note payable for $ 80,324 February 13, 2028 5.79% The following is a list of maturities by fiscal year as of December 31, 2023: Schedule of maturities Remaining 2024 $ 296,441 2025 23,662 2026 27,303 2027 31,505 2028 36,354 Thereafter 30,931 $ 446,196 Interest expense on long-term debt during the three and nine months ended December 31, 2023 was $ 5,704 17,713 9,461 50,888

NOTES PAYABLE

NOTES PAYABLE	9 Months Ended
	Dec. 31, 2023
Debt Disclosure [Abstract]
NOTES PAYABLE	14. NOTES PAYABLE Related Parties Ault Alliance Inc. (“AAI”) advanced the Company $ 3,805,088 11,315,608 383,885 2,683,627 On November 14, 2023, the Company entered into a securities purchase agreement (the “SPA”) with AAI, pursuant to which the Company agreed to sell to AAI 603.44 15,085,931 This transaction closed on November 15, 2023. The purchase price was paid by the cancellation of $15,085,931 of cash advances made by AAI to the Company between January 1, 2023 and November 9, 2023. 25,000 0.51 Related Party Advances During the quarter ended December 31, 2023, an officer of AAI and current Company board member advanced the Company $90,000. The advance has no interest, unless it goes into default, and includes an original issue discount of $ 10,000 January 19, 2024 60,000 18% Term Note Agreements On November 8, 2023, the Company entered into a term note agreement for a principal amount of $ 660,000 60,000 53,000 9,584 January 7, 2024 10% On October 16, 2023, the Company entered into a term note agreement for a principal amount of $ 210,000 10,000 200,000 10,000 6,835 November 16, 2023 10% 18% Convertible Notes On April 27, 2023, the Company sold $ 6.875 5.4 April 27, 2024 3.28 3.28 1,375,000 345,628 932,353 1,178,107 3,175,767 Schedule of amortization of discount related to the convertible note Beginning balance as of March 31, 2023 $ - Issuance of convertible notes 6,875,000 Less: original issue discount – inception (1,375,000 ) Amortization of discounts 4,108,120 Principal converted to common stock and gain on conversion (361,683 ) Less: debt discount – reclassification to derivative liability (*) (4,686,818 ) Ending balance as of December 31, 2023 $ 4,559,619 (*) This amount also includes discount related to the warrants issued with the convertible note (see note 12). Activity related to the convertible note derivative liabilities for the nine months ended December 31, 2023 was as follows: Schedule of convertible note derivative liabilities Beginning balance as of March 31, 2023 $ - Issuances of convertible note – derivative liabilities 1,352,322 Change in fair value of convertible note derivative liabilities (597,714 ) Ending balance as of December 31, 2023 $ 754,608

PREFERRED STOCK

PREFERRED STOCK	9 Months Ended
	Dec. 31, 2023
Equity [Abstract]
PREFERRED STOCK	15. PREFERRED STOCK Preferred Stock Derivative Liability RiskOn International Series A The Company entered into a Securities Purchase Agreement (the “Series A Agreement”) with Ault Lending on June 8, 2022, and as amended November 28, 2022, pursuant to which the Company sold Ault Lending 1,200 3,429 The amendment to the Certificate of Designation of Rights, Preferences and Limitations of the Series A constituted a modification from mezzanine equity to liability and was considered a debt modification. Upon the reclassification to preferred stock liability and analysis of terms, the Company deemed the preferred stock liability a derivative liability under ASC 815, Derivatives and Hedging 7,218,319 The derivative liability for the Series A was remeasured at December 31, 2023 and was valued at $ 6,961 48,454 1,653,241 179.1 1,413 In addition, the Company advanced $ 100,000 1,305,000 635,000 Activity related to the preferred stock derivative liabilities for the nine months ended December 31, 2023 was as follows: Schedule of activity related to the preferred stock derivative liabilities Beginning balance as of March 31, 2023 $ 1,025,202 Reclassification – advances former parent of BitNile.com, Inc. 1,940,000 Redemption of Series A (1,305,000 ) Change in fair value of preferred stock derivative liabilities (1,653,241 ) Gain on conversion of derivative liability (1,413 ) Ending balance as of December 31, 2023 $ 5,548 The Company has accrued $ 56,669 On April 4, 2023, the Company entered into an agreement with Ault Lending and WTRV pursuant to which the Company agreed to advance to WTRV payments of up to $ 3.25 3.25 10,833 1,940,000 RiskOn International Series B and C The Company entered into a share exchange agreement with AAI on February 8, 2023 and subsequently closed the transaction on March 7, 2023, in which the Company acquired the assets and liabilities of BNC and securities of Earnity beneficially owned by BNC in exchange of the issuance of 8,637.5 1,362.5 8,883.4 1,401.3 8,637.5 1,362.5 The Company determined that the Series B and Series C constituted a derivative liability under ASC 815 on the date of inception, March 7, 2023. As a result of this classification, the Company determined that the value of the derivative liability was $ 42,426,069 Activity related to the preferred stock derivative liabilities for the Series B and Series C for the nine months ended December 31, 2023 was as follows: Schedule of activity related to the preferred stock derivative liabilities Beginning balance as of March 31, 2023 $ 18,830,760 Change in fair value of preferred stock derivative liabilities (18,642,362 ) Ending balance as of December 31, 2023 $ 188,398 The Company has accrued $ 1,285,591 The fair value of the Series A, Series B and Series C liability is estimated using the Black-Scholes valuation model. Changes to the inputs could produce a significantly higher or lower fair value measurement. The following assumptions were used on December 31, 2023 and March 31, 2023: Schedule of preferred stock liability is estimated using the black scholes valuation model December 31, March 31, Expected term 1.66 2.00 1.66 2.00 Expected volatility 108 138% 108 110% Expected dividend yield - - Risk-free interest rate 3.48 4.88% 3.48 3.88% Market price $ 1.15 22.80 $ 3.60 22.80 RiskOn International Series D On November 14, 2023, the Company entered into the SPA with AAI, pursuant to which the Company agreed to sell to AAI 603.44 15,085,931 This transaction closed on November 15, 2023. The purchase price was paid by the cancellation of $15,085,931 of cash advances made by AAI to the Company between January 1, 2023 and November 9, 2023. 25,000 As Series D is not mandatorily redeemable and has no embedded features requiring bifurcation, the Company determined that the Series D should be classified as equity in accordance with ASC 480 and ASC 815 as of November 14, 2023, the date of inception. As a result of this classification, the Company determined that the fair value of the Series D was $ 15,085,931 The Company issued $ 192,765 For the three and nine months ended December 31, 2023, the Company recorded $ 1,589,046 4,739,726 1,342,259

SHAREHOLDERS_ DEFICIT

SHAREHOLDERS’ DEFICIT	9 Months Ended
	Dec. 31, 2023
Equity [Abstract]
SHAREHOLDERS’ DEFICIT	16. SHAREHOLDERS’ DEFICIT Common Stock On May 4, 2023, the Company amended its Articles of Incorporation to reflect a 1-for-30 reverse stock split. The Company also reduced its authorized shares on a 1-for-30 basis going from 100,000,000 3,333,333 On October 16, 2023, the Company amended its Articles of Incorporation to increase its authorized shares of common stock from 3,333,333 to 500,000,000 As of December 31, 2023, there were 163,393 On October 19, 2023, the r egistration statement registering the shares of common stock issuable upon conversion of the was declared effective by the SEC. 359,121 693,769 In the three and nine months ended December 31, 2023, the Company issued 73,361 113,383 550,232 850,390 916,976 1,655,335 ELOC On August 24, 2023, the Company entered into a purchase agreement (the “ELOC Purchase Agreement”) with Arena Business Solutions Global SPC II Ltd on behalf of and for the account of Segregated Portfolio #3 – SPC #3 (“Arena”), which provides that, upon the terms and subject to the conditions and limitations set forth therein, the Company has the right to direct Arena to purchase up to an aggregate of $100,000,000 of shares of common stock over the 36-month term of the ELOC Purchase Agreement. Under the ELOC Purchase Agreement, after the satisfaction of certain commencement conditions, including, without limitation, the effectiveness of a registration statement, the Company has the right to present Arena with an advance notice (each, an “Advance Notice”) directing Arena to purchase any amount up to the Maximum Advance Amount (as defined in the ELOC Purchase Agreement). On October 30, 2023, a registration statement related to the ELOC Purchase Agreement was declared effective by the SEC. As of December 31, 2023, the Company issued and sold an aggregate of 6,974,156 1,064,896 634,152 385,133 Agora Common Stock The Company purchased 41,671,221 5,000,000 89% The restricted shares of common stock consists of 2,833,336 2,166,664 12,166,680 10,833,320 23,000,000 400,000 5.00 The performance grants vest upon deployment of certain contracts and approval of the board of directors. On April 12, 2022, Agora upon board of director approval accelerated the vesting of a total of 500,000 Within discontinued operations, the Company recognized $0 and $ 2,610,174 791,491 8,963,700 8,333,320 0 Share-based Compensation Expense Share-based compensation for employees is included in salaries and salary related costs and directors and services are included in professional fees and consulting in the condensed consolidated statement of operations for the three and nine months ended December 31, 2023 and 2022. Share-based compensation for the three and nine months ended December 31, 2023 for stock options and restricted stock units granted under the 2013 Incentive Stock Plan and 2017 Omnibus Incentive Stock Plan and non-qualified stock options were $ 0 8,810 470,687 1,711,466 The Company accrued $ 535,731

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	9 Months Ended
	Dec. 31, 2023
Commitment and contingencies
COMMITMENTS AND CONTINGENCIES	17. COMMITMENTS AND CONTINGENCIES GuyCare Operating Lease During the three months ended December 31, 2023, the Company entered into a non-cancellable lease agreement with a three and one-half year term. The lease commenced on December 1, 2023 10.0% 270,007 The Company reported $ 264,519 16,765 219,492 0 7,738 0 Legal Proceedings The Company is presently involved in the following legal proceedings. To the best of the Company’s knowledge, no governmental authority is contemplating any proceeding to which the Company is a party or to which any of its properties or businesses are subject, which would reasonably be likely to have a material adverse effect on the Company. ● On April 22, 2022, BitStream and the Company were sued in Travis County, Texas District Court (Docket #79176-0002) by Print Crypto Inc. in the amount of $ 256,733 ● On July 15, 2022, Bitstream and two of their management were parties to a petition filed in Ward County District Court by 1155 Distributor Partners-Austin, LLC d/b/a Lonestar Electric Supply in the amount of $ 414,027 In the opinion of management, there are no additional legal matters involving us that would have a material adverse effect upon the Company’s financial condition, results of operations or cash flows. Nasdaq Compliance On July 18, 2023, the Company received a letter (the “Shareholder Deficiency Letter”) from the Staff of Nasdaq indicating that the Company’s shareholders’ equity as reported in the 2023 Annual Report did not satisfy the continued listing requirement under Nasdaq Listing Rule 5550(b)(1) for the Nasdaq Capital Market, which requires that a listed company’s shareholders’ equity be at least $ 2.5 13.9 According to the Shareholder Deficiency Letter, the Company had 45 calendar days from the date of the Shareholder Deficiency Letter, or until September 1, 2023, to submit a plan to regain compliance with Nasdaq Listing Rule 5550(b)(1). In response to the Shareholder Deficiency Letter received in July 2023, the Company’s submitted a compliance plan on August 25, 2023, which was subsequently amended and restated (collectively, the "Compliance Plans”) in September 2023 to the Staff. On December 1, 2023, Nasdaq notified the Company that it rejected the Compliance Plans. The Company appealed the Staff’s determination to delist the Company’s common stock to a Hearings Panel (the “Panel”). The Panel will hear the Company’s appeal on February 29, 2024. The Panel will consider all violations against the Voting Rights Rule (including the incident for the Letter received in January 2024) in connection with the Company’s appeal. If the Company’s common stock is delisted from Nasdaq, the Company could face significant material adverse consequences, including: ● it may adversely affect its ability to raise capital which is needed to stay operational; ● a limited availability of market quotations for its common stock; ● reduced liquidity with respect to the Company’s common stock; ● a determination that the Company’s common stock is a “penny stock” which will require broker-dealers trading in the common stock to adhere to more stringent rules, resulting in a reduced level of trading activity in the secondary trading market for the common stock; and ● being in default under the transaction documents entered into with the investors in the April 27, 2023 financing. If the Company is unable to rectify any of the above-described Nasdaq issues, a delisting would subject the Company and its shareholders to the above. Non-cancelable Obligations In the course of the BitNile.com gaming business and in association with its Platform, the Company has entered into non-cancelable obligations with certain parties to purchase services, such as technology and the hosting of the Platform. As of December 31, 2023, the Company had outstanding non-cancelable purchase obligations with terms of one year or longer aggregating $ 2,000,000 1,000,000

FAIR VALUE MEASUREMENTS

FAIR VALUE MEASUREMENTS	9 Months Ended
	Dec. 31, 2023
Fair Value Disclosures [Abstract]
FAIR VALUE MEASUREMENTS	18. FAIR VALUE MEASUREMENTS ASC Topic 820, “Fair Value Measurements and Disclosures,” establishes a hierarchy that prioritizes fair value measurements based on the types of inputs used for the various valuation techniques (market approach, income approach and cost approach). The three-level hierarchy is defined as follows: Level 1 – quoted prices for identical instruments in active markets for identical assets or liabilities; Level 2 – quoted prices for similar instruments in active markets; quoted prices for identical or similar instruments in markets that are not active; and model derived valuations in which significant inputs and significant value drivers are observable in active markets; and Level 3 – fair value measurements derived from valuation techniques in which one or more significant inputs or significant value drivers are unobservable. The carrying values of cash, prepaid expenses, other receivables, accounts payable and accrued liabilities, notes payable, and amounts due to related parties approximate their current fair values because of their nature and respective relatively short maturity dates or durations. The Company measures and records the fair value of the derivative liabilities disclosed in accordance with ASC 815. The fair values of the derivatives were calculated using the Black-Scholes Model which requires us to make assumptions, including expected term, risk-free rate, expected volatility and expected dividend yield. The fair value of the derivative liabilities is revalued on each balance sheet date with corresponding gains and losses recorded in other income (expense) in the condensed consolidated statement of operations. The following table presents assets and liabilities that were measured and recognized at fair value on a recurring basis as of: Schedule of assets and liabilities that are measured and recognized at fair value on a recurring basis Level 1 Level 2 Level 3 Total Gains December 31, 2023 Derivative liabilities $ - $ - $ 1,375,063 $ 23,807,318 Investment – WTRV - - 9,224,785 - March 31, 2023 Derivative liabilities - $ - $ 19,862,226 $ 32,924,126 Bitcoin - - - (9,122 ) Investment – WTRV - - 9,224,785 (20,775,215 ) There were no transfers between Level 1, 2 or 3 during the nine months ended December 31, 2023. The table below shows a reconciliation of the beginning and ending liabilities measured at fair value using significant unobservable inputs (Level 3) for the nine months ended December 31, 2023: Schedule of reconciliation of the beginning and ending liabilities Beginning balance as of March 31, 2023 $ (10,637,441 ) Issuance – convertible notes with warrants (4,686,817 ) Redemption of derivative liabilities and preferred, net 633,338 Net change in fair value included in earnings 23,807,318 Ending balance as of December 31, 2023 $ 7,849,722

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	9 Months Ended
	Dec. 31, 2023
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	19. RELATED PARTY TRANSACTIONS In connection with the hospitality services the Company offers, the Company and certain customers enter into separate arrangements with respect to sponsorships the Company provides in addition to a number of ongoing commercial relationships, including license agreements. See note 8 for the investment in WTRV. The Company’s previous Chief Executive Officer and Chief Financial Officer held similar positions in WTRV at the time of the investment. In the three and nine months ended December 31, 2023, the Company was advanced $ 5,743,428 13,253,948 Revenues and Accounts Receivable The Company had related party hospitality service sales of $ 0 58,950 0 62,200 0 Allocation of General Corporate Expenses AAI provides use of certain assets, human resources and other executive services to the Company. The accompanying financial statements include allocations of these expenses. The allocation method calculates the appropriate share of costs to the Company by using the percentage of time spent working on and building the Company’s business. The Company believes the allocation methodology used is reasonable and has been consistently applied, and results in an appropriate allocation of costs incurred. However, these allocations may not be indicative of the cost had the Company been a stand-alone entity or of future services. AAI allocated $ 388,695 1,784,537 0

SEGMENT INFORMATION

SEGMENT INFORMATION	9 Months Ended
	Dec. 31, 2023
Segment Reporting [Abstract]
SEGMENT INFORMATION	20. SEGMENT INFORMATION The Company determines its operating segments based on how the chief operating decision maker ("CODM") views and analyzes each segments' operations, performance and allocates resources. Milton “Todd” Ault, Chairman of the board and CEO as of January 2024, is the CODM. The CODM utilizes net loss as the measure of segment profit or loss. From September 30, 2022 through September 30, 2023, the Company had one aggregated reporting segment, which included the continuing operations related to Agora, Zest Labs and BitNile.com. Most of the limited continuing operations were related to Agora and the BitNile.com metaverse while Zest Labs operations were immaterial. In the current fiscal quarter, with the launch of operations of RiskOn360 and the reclassification of Agora to discontinued operations, the Company changed its presentation of operating results. Herein, the Company reports the following two reporting segments: (1) BitNile.com and services (“BNS”) and (2) RiskOn360. Separate financial information for BNS and RiskOn360 is evaluated by the CODM to allocate resources and assess performance. As GuyCare had immaterial operations as of December 31, 2023, the Company did not review the business separately and its operations are not separately reported herein. BNS is composed of operations from products and services provided in the Metaverse Platform and hospitality services provided in our sponsored racing events where the Platform is advertised. Management does not consider hospitality as a separate operating segment from the Metaverse Platform as the hospitality activities are considered incidental to the sponsorships and would not continue if the sponsorships were discontinued. The Company’s segments do not engage in transactions with one another. The two reporting segments use certain shared infrastructure, and each segment is presented with its direct costs and an allocation of shared overhead costs. BNS began operations during fiscal year 2023 and RiskOn360 started operations in November 2023. During the three and nine months ended December 31, 2022, the Company did not have businesses providing BNS or RiskOn360 products and services and therefore there is no meaningful comparative information for the prior year periods presented. Additionally, the financial information as of and for the three and nine months ended December 31, 2022 in the condensed consolidated financial statements relates to the holding company, Ecoark Holdings, Inc. (later renamed BitNile Metaverse, Inc. and currently RiskOn International, Inc.). The table below highlights the Company's revenues, expenses and net loss for each reportable segment and is reconciled to net loss on a consolidated basis for the three months ended December 31, 2023. Schedule of segment reporting information December 31, 2023 BNS RiskOn360 Other 1 Total RiskOn360 revenues $ - $ 240,356 $ - $ 240,356 BNS revenue - - - - Cost of revenue - 2,058,024 - 2,058,024 Operating loss before other expenses - (1,817,668 ) - (1,817,668 ) Operating expenses Salaries 690,752 202,786 145,250 1,038,788 Professional fees 359,745 - - 359,745 Selling, general and administration 5,893,520 969,420 34,355 6,897,295 Depreciation and amortization 123,104 1,912 - 125,016 Total 7,067,121 1,174,118 179,605 8,420,844 Loss from continuing operations (7,067,121 ) (2,991,786 ) (179,605 ) (10,238,512 ) Other expense (4,316,742 ) - - (4,316,742 ) Loss from discontinued operations - - (243,863 ) (243,863 ) Net Loss $ (11,383,863 ) $ (2,991,786 ) $ (423,468 ) $ (14,799,117 ) 1 The Other category includes GuyCare expenses and loss from discontinued operations. The table below highlights the Company’s revenues, expenses and net loss for each reportable segment and is reconciled to net loss on a consolidated basis for the nine months ended December 31, 2023: December 31, 2023 BNS RiskOn360 Other 2 Total RiskOn360 revenues $ - $ 240,356 $ - $ 240,356 BNS revenue 64,350 - - 64,350 Cost of revenue 114,722 2,058,024 - 2,172,746 Operating loss before other expenses (50,372 ) (1,817,668 ) - (1,868,040 ) Operating expenses Salaries 2,113,207 202,786 145,250 2,461,243 Professional fees 790,221 - - 790,221 Selling, general and administration 22,171,498 969,420 34,355 23,175,273 Depreciation and amortization 369,311 1,912 - 371,223 Total 25,444,237 1,174,118 179,605 26,797,960 Loss from continuing operations (25,494,609 ) (2,991,786 ) (179,605 ) (28,666,000 ) Other income 12,885,492 - - 12,885,492 Loss from discontinued operations - - (8,818,437 ) (8,818,437 ) Net Loss $ (12,609,117 ) $ (2,991,786 ) $ (8,998,042 ) $ (24,598,945 ) 2 The Other category includes GuyCare expenses and loss from discontinued operations.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	9 Months Ended
	Dec. 31, 2023
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	21. SUBSEQUENT EVENTS Nasdaq Compliance On January 9, 2024, the Company received a letter (the “Letter”) from the Listing Qualifications staff (the “Staff”) of the Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that the Staff has determined that the Company has violated Nasdaq’s voting rights rule set forth in Listing Rule 5640 (the “Voting Rights Rule”). The Voting Rights Rule states that a company cannot create a new class of security that votes at a higher rate than an existing class of securities or take any other action that has the effect of restricting or reducing the voting rights of an existing class of securities. The alleged violation of the Voting Rights Rule relates to the issuance of 603.44 shares of newly designated Series D Convertible Preferred Stock in exchange for the cancellation of $15,085,930 of cash advances made by Ault Alliance, Inc. (“AAI”) to the Company between January 1 and November 9, 2023, pursuant to the Securities Purchase Agreement (the “Agreement”) by and between the Company and AAI. See note 15, “Preferred Stocks” for the terms of the Preferred Stock. According to the Letter, Nasdaq determined the Preferred Stock violates the Voting Rights Rule because the Preferred Stock could convert at a discount to the price of the Common Stock on the date of execution of the Agreement, and because the Preferred Stock votes on an as-converted basis. The Company notes that the violation is based on a hypothetical situation in the future, in which the anti-dilution protection triggers a ratchet down of the Conversion Price below the minimum price per share of the Company’s common stock at the time of the issuance of the Preferred Stock. S-3 Registration Statement On January 17, 2024, the Company filed a shelf r egistration statement, which was amended on February 8, 2024, for the sale of 25,000,000 S-1 Registration Statement On January 23, 2024, the Company filed a registration statement, which was amended on February 7, 2024, related to the offer and resale of up to 40,000,000 Changes in Board of Directors Composition and Management Effective January 29, 2024 (the “Effective Date”), the Company accepted the resignations of (i) Randy May, its former Chairman of the Board of Directors (the “Board”) in such capacity, and as the Company’s Chief Executive Officer, and (ii) Jay Puchir, its former Chief Financial Officer, each of which was submitted to the Company on January 28, 2024. On the Effective Date, Mr. Milton “Todd” Ault was appointed as its Chairman of the Board and Chief Executive Officer, William B. Horne and Steve J. Smith were appointed to the Board of Directors, Kayson Pulsipher was appointed as Chief Financial Officer, Joseph M. Spaziano as Chief Operating Officer and Douglas Gintz as Chief Technology Officer.

BASIS OF PRESENTATION AND SIG_2

BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES (Policies)	9 Months Ended
	Dec. 31, 2023
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with the instructions to Form 10-Q and Regulation S-X and do not include all the information and disclosures required by generally accepted accounting principles in the United States of America (“GAAP”). The Company has made estimates and judgments affecting the amounts reported in the Company’s condensed consolidated financial statements and the accompanying notes. The actual results experienced by the Company may differ materially from the Company’s estimates. The condensed consolidated financial information is unaudited but reflects all normal adjustments that are, in the opinion of management, necessary to provide a fair statement of results for the interim periods presented. These condensed consolidated financial statements should be read in conjunction with the consolidated financial statements in the Company’s 2023 Annual Report filed with the SEC on July 14, 2023. The consolidated balance sheet as of March 31, 2023 was derived from the Company’s audited 2023 financial statements contained in the 2023 Annual Report. Results of the three and nine months ended December 31, 2023 are not necessarily indicative of the results to be expected for the full year ending March 31, 2024.
Noncontrolling Interests	Noncontrolling Interests In accordance with Accounting Standards Codification (“ASC”) 810-10-45 , 34% 66%
Significant Accounting Policies	Significant Accounting Policies Other than as noted below, there have been no material changes to the Company’s significant accounting policies previously disclosed in the 2023 Annual Report.
Hospitality and VIP Services Revenue	Hospitality and VIP Services Revenue Hospitality revenue consists of revenue from services provided to groups at certain social functions and sporting events. The Company also sells real world VIP experiences and one-of-a-kind products. Hospitality and VIP service revenue is generated through contracts with customers whereby the customer agrees to pay a contract rate, determined based on common industry prices, for the services the Company provides. The Company recognizes revenue when performance obligations to provide food and services are satisfied at the point in time when the food and services are received by the customer, which is when the event is held and services are complete. The Company recognizes revenue on a gross basis due to the fact that it has control over the food and services and the ability to direct the offerings to multiple end consumers while also ultimately determining the relative pricing offered for the services. For certain events, The Company also uses certain subcontractors that it selects and hires to help transfer services to the end customer. The Company has evaluated its agreements with its food and service subcontractors and based on the preceding, the Company determined that it is the principal in such arrangements and the third-party food and service suppliers are the agent in accordance with ASC 606, Revenue from Contracts with Customers
RiskOn360 Revenue	RiskOn360 Revenue RiskOn360 revenue consists of revenue from services provided to attendees of business and coaching conference events. Revenue is generated through contracts whereby a customer agrees to pay a contract price for services provided by the Company at individual conferences organized and held by the Company. The Company recognizes revenue when the performance obligations to provide the learning event and related services are satisfied at the point in time when the services and products are received by the customer, which is when the conference is completed, and all obligations have been satisfied.
Net Loss Per Share	Net Loss Per Share Basic net loss per common share is computed using the weighted average number of common shares outstanding. Diluted loss per share includes additional dilution from common stock equivalents, such as convertible notes, preferred stock, stock issuable pursuant to the exercise of stock options and warrants. Common stock equivalents are not included in the computation of diluted earnings per share when the Company reports a loss because to do so would be anti-dilutive for periods presented, so only the basic weighted average number of common shares are used in the computations. Anti-dilutive securities, which are convertible into or exercisable for the Company’s common stock, consisted of the following at December 31, 2023 and March 31, 2023: Schedule of anti-dilutive shares December 31, March 31, 2023 2023 Warrants 2,358,297 264,058 Convertible notes 12,753,705 - Convertible preferred stock 44,858,151 14,607,333 Total 59,970,153 14,864,725
Recently Issued Accounting Standards	Recently Issued Accounting Standards In November 2023, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2023-07, “Segment Reporting (Topic 280): Improvements To Reportable Segment Disclosures” (“ASU 2023-07”). ASU 2023-07 requires public entities to disclose information about the reportable segments’ significant expenses on an interim and annual basis to enable investors to develop more decision-useful financial analyses. The ASU is effective for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024. Entities must adopt the changes to the segment reporting guidance on a retrospective basis. Early adoption is permitted. The Company elected to early adopt ASU 2023-07. See note 20, “Segment Information” for the Company’s process in determining reportable segments and certain financial data of each segment.

BASIS OF PRESENTATION AND SIG_3

BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES (Tables)	9 Months Ended
	Dec. 31, 2023
Accounting Policies [Abstract]
Schedule of anti-dilutive shares	Schedule of anti-dilutive shares December 31, March 31, 2023 2023 Warrants 2,358,297 264,058 Convertible notes 12,753,705 - Convertible preferred stock 44,858,151 14,607,333 Total 59,970,153 14,864,725

DISCONTINUED OPERATIONS (Tables

DISCONTINUED OPERATIONS (Tables)	9 Months Ended
	Dec. 31, 2023
Discontinued Operations and Disposal Groups [Abstract]
Schedule of current assets	Schedule of current assets December 31, March 31, Wolf Energy $ 60,860 $ 1,297,801 Prepaid expenses - 4,908 $ 60,860 $ 1,302,709
Schedule of non-current assets	Schedule of non-current assets December 31, March 31, Wolf Energy $ 259,790 $ 984,071 $ 259,790 $ 984,071
Schedule of current liabilities	Schedule of current liabilities December 31, March 31, Wolf Energy $ 1,750,910 $ 2,952,257 Zest accounts payable - 532,279 Zest accrued expenses - 85,136 $ 1,750,910 $ 3,569,672
Schedule of non-current liabilities	Schedule of non-current liabilities December 31, March 31, Wolf Energy $ 1,108,955 $ 377,786
Schedule of operations to discontinued operations	Schedule of operations to discontinued operations Three Months Ended December 31, Nine Months Ended December 31, 2023 2022 2023 2022 Revenue $ - $ - $ - $ 10,955,153 Operating expenses 243,863 1,858,833 7,384,561 32,681,991 Wolf Energy – net loss - (468,210 ) (1,528,545 ) (4,305,129 ) Other loss - - (174,456 ) (560,831 ) Net loss from discontinued operations $ (243,863 ) $ (2,327,043 ) $ (9,087,562 ) $ (26,592,798 )

BUSINESS COMBINATIONS_DIVESTI_2

BUSINESS COMBINATIONS/DIVESTITURES (Tables)	9 Months Ended
	Dec. 31, 2023
Business Combination and Asset Acquisition [Abstract]
Schedule of acquired the assets and liabilities	Schedule of acquired the assets and liabilities Prepaid expenses $ 2,454 Accounts payable and accrued expenses (685,606 ) Total assets and liabilities $ (683,152 )

REVENUE (Tables)

REVENUE (Tables)	9 Months Ended
	Dec. 31, 2023
Revenue from Contract with Customer [Abstract]
Schedule of revenue	Schedule of revenue Three Months Ended December 31, Nine Months Ended December 31, 2023 2022 2023 2022 RiskOn360 revenue $ 240,356 $ - $ 240,356 $ - BitNile.com and service revenue - - 64,350 - Total $ 240,356 $ - $ 304,706 $ -

PROPERTY AND EQUIPMENT (Tables)

PROPERTY AND EQUIPMENT (Tables)	9 Months Ended
	Dec. 31, 2023
Property, Plant and Equipment [Abstract]
Schedule of property and equipment	Schedule of property and equipment December 31, March 31, (unaudited) Auto – BNC 232,406 232,406 Equipment – BNC 84,404 84,604 Computers and software - 90,000 Equipment 45,050 - Equipment – GuyCare 27,000 - Total property and equipment (1) 388,860 407,010 Accumulated depreciation (52,267 ) (83,194 )) Property and equipment, net $ 336,593 $ 323,816

INTANGIBLE ASSETS (Tables)

INTANGIBLE ASSETS (Tables)	9 Months Ended
	Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of intangible assets	Schedule of intangible assets December 31, March 31, Trademarks $ 5,097,000 $ 5,097,000 Developed technology 1,142,000 1,142,000 Accumulated amortization - trademarks (283,167 ) (28,317 ) Accumulated amortization - developed technology (63,444 ) (6,344 ) Intangible assets, net $ 5,892,389 $ 6,204,339
Schedule of amortization expense	Schedule of amortization expense Remaining fiscal year 2024 $ 103,983 2025 415,933 2026 415,933 2027 415,933 2028 415,933 Thereafter 4,124,674 $ 5,892,389

ACCRUED EXPENSES (Tables)

ACCRUED EXPENSES (Tables)	9 Months Ended
	Dec. 31, 2023
Payables and Accruals [Abstract]
Schedule of accrued expenses	Schedule of accrued expenses December 31, March 31, Professional fees and consulting costs 662,176 440,215 Compensation paid time off 121,789 73,375 Sponsorship - 500,000 Interest 104,453 61,722 Other 34,080 26,135 Total $ 922,498 $ 1,101,447

WARRANT DERIVATIVE LIABILITIES

WARRANT DERIVATIVE LIABILITIES (Tables)	9 Months Ended
	Dec. 31, 2023
Offsetting Assets [Line Items]
Schedule of fair value of each warrant is estimated using the black-scholes valuation model	Schedule of fair value of each warrant is estimated using the black-scholes valuation model Nine Year Ended Inception Expected term 1 5 0.25 1.85 5.00 Expected volatility 110 138% 107 110% 91% 107% Expected dividend yield - - - Risk-free interest rate 3.48 4.59% 2.98 3.88% 1.50% 2.77% Market price $ 0.33 4.50 $ 5.40 39.00
Schedule of warrant derivative liabilities	Schedule of warrant derivative liabilities Beginning balance as of March 31, 2023 $ 6,264 Issuances of warrants – derivative liabilities 3,334,246 Warrants exchanged for common stock - Change in fair value of warrant derivative liabilities (2,904,102 ) Ending balance as of December 31, 2023 $ 436,408 Activity related to the warrant derivative liabilities for the nine months ended December 31, 2022 was as follows: Beginning balance as of March 31, 2022 $ 4,318,630 Issuances of warrants – derivative liabilities - Warrants exchanged for common stock - Change in fair value of warrant derivative liabilities (4,274,183 ) Ending balance as of December 31, 2022 $ 44,447
Warrant [Member]
Offsetting Assets [Line Items]
Schedule of derivative liabilities	Schedule of derivative liabilities December 31, March 31, Fair value of 115,942 August 6, 2021 $ - $ 5,974 Fair value of 8,116 August 6, 2021 - 290 Fair value of 2,100,905 April 27, 2023 436,408 - $ 436,408 $ 6,264

LONG-TERM DEBT (Tables)

LONG-TERM DEBT (Tables)	9 Months Ended
	Dec. 31, 2023
Debt Disclosure [Abstract]
Schedule of long-term debt	Schedule of long-term debt December 31, March 31, Credit facility -Trend Discovery SPV 1, LLC $ 291,036 $ 291,036 Auto loan 155,160 170,222 Total long-term debt 446,196 461,258 Less: current portion (313,860 ) (311,542 ) Long-term debt, net of current portion $ 132,336 $ 149,716
Schedule of maturities	Schedule of maturities Remaining 2024 $ 296,441 2025 23,662 2026 27,303 2027 31,505 2028 36,354 Thereafter 30,931 $ 446,196

NOTES PAYABLE (Tables)

NOTES PAYABLE (Tables)	9 Months Ended
	Dec. 31, 2023
Debt Disclosure [Abstract]
Schedule of amortization of discount related to the convertible note	Schedule of amortization of discount related to the convertible note Beginning balance as of March 31, 2023 $ - Issuance of convertible notes 6,875,000 Less: original issue discount – inception (1,375,000 ) Amortization of discounts 4,108,120 Principal converted to common stock and gain on conversion (361,683 ) Less: debt discount – reclassification to derivative liability (*) (4,686,818 ) Ending balance as of December 31, 2023 $ 4,559,619 (*) This amount also includes discount related to the warrants issued with the convertible note (see note 12).
Schedule of convertible note derivative liabilities	Schedule of convertible note derivative liabilities Beginning balance as of March 31, 2023 $ - Issuances of convertible note – derivative liabilities 1,352,322 Change in fair value of convertible note derivative liabilities (597,714 ) Ending balance as of December 31, 2023 $ 754,608

PREFERRED STOCK (Tables)

PREFERRED STOCK (Tables)	9 Months Ended
	Dec. 31, 2023
Class of Stock [Line Items]
Schedule of preferred stock liability is estimated using the black scholes valuation model	Schedule of preferred stock liability is estimated using the black scholes valuation model December 31, March 31, Expected term 1.66 2.00 1.66 2.00 Expected volatility 108 138% 108 110% Expected dividend yield - - Risk-free interest rate 3.48 4.88% 3.48 3.88% Market price $ 1.15 22.80 $ 3.60 22.80
Series A [Member]
Class of Stock [Line Items]
Schedule of activity related to the preferred stock derivative liabilities	Schedule of activity related to the preferred stock derivative liabilities Beginning balance as of March 31, 2023 $ 1,025,202 Reclassification – advances former parent of BitNile.com, Inc. 1,940,000 Redemption of Series A (1,305,000 ) Change in fair value of preferred stock derivative liabilities (1,653,241 ) Gain on conversion of derivative liability (1,413 ) Ending balance as of December 31, 2023 $ 5,548
Series B and C [Member]
Class of Stock [Line Items]
Schedule of activity related to the preferred stock derivative liabilities	Schedule of activity related to the preferred stock derivative liabilities Beginning balance as of March 31, 2023 $ 18,830,760 Change in fair value of preferred stock derivative liabilities (18,642,362 ) Ending balance as of December 31, 2023 $ 188,398

FAIR VALUE MEASUREMENTS (Tables

FAIR VALUE MEASUREMENTS (Tables)	9 Months Ended
	Dec. 31, 2023
Fair Value Disclosures [Abstract]
Schedule of assets and liabilities that are measured and recognized at fair value on a recurring basis	Schedule of assets and liabilities that are measured and recognized at fair value on a recurring basis Level 1 Level 2 Level 3 Total Gains December 31, 2023 Derivative liabilities $ - $ - $ 1,375,063 $ 23,807,318 Investment – WTRV - - 9,224,785 - March 31, 2023 Derivative liabilities - $ - $ 19,862,226 $ 32,924,126 Bitcoin - - - (9,122 ) Investment – WTRV - - 9,224,785 (20,775,215 )
Schedule of reconciliation of the beginning and ending liabilities	Schedule of reconciliation of the beginning and ending liabilities Beginning balance as of March 31, 2023 $ (10,637,441 ) Issuance – convertible notes with warrants (4,686,817 ) Redemption of derivative liabilities and preferred, net 633,338 Net change in fair value included in earnings 23,807,318 Ending balance as of December 31, 2023 $ 7,849,722

SEGMENT INFORMATION (Tables)

SEGMENT INFORMATION (Tables)	9 Months Ended
	Dec. 31, 2023
Segment Reporting [Abstract]
Schedule of segment reporting information	Schedule of segment reporting information December 31, 2023 BNS RiskOn360 Other 1 Total RiskOn360 revenues $ - $ 240,356 $ - $ 240,356 BNS revenue - - - - Cost of revenue - 2,058,024 - 2,058,024 Operating loss before other expenses - (1,817,668 ) - (1,817,668 ) Operating expenses Salaries 690,752 202,786 145,250 1,038,788 Professional fees 359,745 - - 359,745 Selling, general and administration 5,893,520 969,420 34,355 6,897,295 Depreciation and amortization 123,104 1,912 - 125,016 Total 7,067,121 1,174,118 179,605 8,420,844 Loss from continuing operations (7,067,121 ) (2,991,786 ) (179,605 ) (10,238,512 ) Other expense (4,316,742 ) - - (4,316,742 ) Loss from discontinued operations - - (243,863 ) (243,863 ) Net Loss $ (11,383,863 ) $ (2,991,786 ) $ (423,468 ) $ (14,799,117 ) 1 The Other category includes GuyCare expenses and loss from discontinued operations. The table below highlights the Company’s revenues, expenses and net loss for each reportable segment and is reconciled to net loss on a consolidated basis for the nine months ended December 31, 2023: December 31, 2023 BNS RiskOn360 Other 2 Total RiskOn360 revenues $ - $ 240,356 $ - $ 240,356 BNS revenue 64,350 - - 64,350 Cost of revenue 114,722 2,058,024 - 2,172,746 Operating loss before other expenses (50,372 ) (1,817,668 ) - (1,868,040 ) Operating expenses Salaries 2,113,207 202,786 145,250 2,461,243 Professional fees 790,221 - - 790,221 Selling, general and administration 22,171,498 969,420 34,355 23,175,273 Depreciation and amortization 369,311 1,912 - 371,223 Total 25,444,237 1,174,118 179,605 26,797,960 Loss from continuing operations (25,494,609 ) (2,991,786 ) (179,605 ) (28,666,000 ) Other income 12,885,492 - - 12,885,492 Loss from discontinued operations - - (8,818,437 ) (8,818,437 ) Net Loss $ (12,609,117 ) $ (2,991,786 ) $ (8,998,042 ) $ (24,598,945 ) 2 The Other category includes GuyCare expenses and loss from discontinued operations.

DESCRIPTION OF BUSINESS (Detail

DESCRIPTION OF BUSINESS (Details Narrative) - USD ($)	9 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Aug. 25, 2023
Defined Benefit Plan Disclosure [Line Items]
Purchase of percentage			100%
Gain on disposal amount	$ 683,152
Zest Labs [Member]
Defined Benefit Plan Disclosure [Line Items]
Gain on disposal amount	$ 683,152

LIQUIDITY AND GOING CONCERN (De

LIQUIDITY AND GOING CONCERN (Details Narrative) - USD ($)		1 Months Ended		3 Months Ended		9 Months Ended
	Nov. 08, 2023	Oct. 16, 2023	Apr. 27, 2023	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2023	Dec. 31, 2022	Oct. 30, 2023	Mar. 31, 2023
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Net income (loss) to controlling interest of common stockholders				$ (14,799,117)	$ 2,749,322	$ (23,371,421)	$ (30,389,490)
Working capital deficits				(19,233,244)		(19,233,244)			$ (25,095,950)
Accumulated deficit				(232,241,623)		(232,241,623)			(208,677,438)
Cash and cash equivalents				$ 101,487		$ 101,487			$ 65,838
Convertible Notes Payable			$ 6,875,000
Gross proceeds			5,500,000
Convertible senior secured convertible notes			$ 359,121
Common stock shares issued			693,651	10,734,744		10,734,744			1,383,832
Equity line of credit								$ 100,000,000
Proceeds from issuance of common stock						$ 1,064,896
Principal amount	$ 660,000	$ 210,000
Institutional investor received	$ 800,000
ELOC Purchase Agreement [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Proceeds from issuance of common stock				$ 1,064,896

BASIS OF PRESENTATION AND SIG_4

BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES (Details) - shares	9 Months Ended	12 Months Ended
	Dec. 31, 2023	Mar. 31, 2023
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive securities	59,970,153	14,864,725
Warrant [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive securities	2,358,297	264,058
Convertible Debt [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive securities	12,753,705
Convertible Preferred Stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive securities	44,858,151	14,607,333

BASIS OF PRESENTATION AND SIG_5

BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES (Details Narrative)	Dec. 31, 2023
Wolf Energy Services Inc [Member] | Series of Individually Immaterial Business Acquisitions [Member]
Voting interest percentage	66%
Noncontrolling Interest [Member] | Wolf Energy [Member]
Non-controlling interest percentage	34%

DISCONTINUED OPERATIONS (Detail

DISCONTINUED OPERATIONS (Details) - USD ($)	Dec. 31, 2023	Mar. 31, 2023
Discontinued Operations and Disposal Groups [Abstract]
Wolf Energy	$ 60,860	$ 1,297,801
Prepaid expenses		4,908
Current assets of discontinued operations held for sale	$ 60,860	$ 1,302,709

DISCONTINUED OPERATIONS (Deta_2

DISCONTINUED OPERATIONS (Details 1) - USD ($)	Dec. 31, 2023	Mar. 31, 2023
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Total non-current assets	$ 259,790	$ 984,071
Wolf Energy Services Inc [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Total non-current assets	$ 259,790	$ 984,071

DISCONTINUED OPERATIONS (Deta_3

DISCONTINUED OPERATIONS (Details 2) - USD ($)	Dec. 31, 2023	Mar. 31, 2023
Total current liabilities	$ 1,750,910	$ 3,569,672
Wolf Energy Services Inc [Member]
Total current liabilities	1,750,910	2,952,257
Zest Accounts Payable [Member]
Total current liabilities		532,279
Zest Accrued Expenses [Member]
Total current liabilities		$ 85,136

DISCONTINUED OPERATIONS (Deta_4

DISCONTINUED OPERATIONS (Details 3) - USD ($)	Dec. 31, 2023	Mar. 31, 2023
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Total non-current liabilities	$ 1,108,955	$ 377,786
Wolf Energy Services Inc [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Total non-current liabilities	$ 1,108,955	$ 377,786

DISCONTINUED OPERATIONS (Deta_5

DISCONTINUED OPERATIONS (Details 4) - USD ($)	3 Months Ended		9 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2023	Dec. 31, 2022
Discontinued Operations and Disposal Groups [Abstract]
Revenue				$ 10,955,153
Operating expenses	243,863	1,858,833	7,384,561	32,681,991
Wolf Energy – net loss		(468,210)	(1,528,545)	(4,305,129)
Other loss			(174,456)	(560,831)
Net loss from discontinued operations	$ (243,863)	$ (2,327,043)	$ (9,087,562)	$ (26,592,798)

DISCONTINUED OPERATIONS (Deta_6

DISCONTINUED OPERATIONS (Details Narrative)	1 Months Ended
	Aug. 25, 2023	Dec. 31, 2023
Issued and outstanding stock percenatge	100%
Wolf Energy Services Inc [Member] | Series of Individually Immaterial Business Acquisitions [Member]
Percentage of voting		66%

BUSINESS COMBINATIONS_DIVESTI_3

BUSINESS COMBINATIONS/DIVESTITURES (Details) - Zest Labs [Member]	Dec. 31, 2023 USD ($)
Business Acquisition [Line Items]
Prepaid expenses	$ 2,454
Accounts payable and accrued expenses	(685,606)
Total assets and liabilities	$ (683,152)

BUSINESS COMBINATIONS_DIVESTI_4

BUSINESS COMBINATIONS/DIVESTITURES (Details Narrative) - USD ($)	1 Months Ended	9 Months Ended
	Aug. 25, 2023	Dec. 31, 2023	Dec. 31, 2022
Defined Benefit Plan Disclosure [Line Items]
Loss on disposal amount		$ 683,152
Zest Labs [Member]
Defined Benefit Plan Disclosure [Line Items]
Percentage of issued and outstanding	100%
Loss on disposal amount		$ 683,152

REVENUE (Details)

REVENUE (Details) - USD ($)	3 Months Ended		9 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2023	Dec. 31, 2022
Disaggregation of Revenue [Line Items]
Revenue	$ 240,356		$ 304,706
Risk On 360 Revenue [Member]
Disaggregation of Revenue [Line Items]
Revenue	240,356		240,356
Bit Nile.com And Service Revenue [Member]
Disaggregation of Revenue [Line Items]
Revenue			$ 64,350

REVENUE (Details Narrative)

REVENUE (Details Narrative) - USD ($)	3 Months Ended		9 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2023	Dec. 31, 2022
Hospitality And Vip Service [Member]
Defined Benefit Plan Disclosure [Line Items]
Sales service amount	$ 0	$ 0	$ 62,850	$ 0

SENIOR SECURED PROMISSORY NOT_2

SENIOR SECURED PROMISSORY NOTE RECEIVABLE (Details Narrative) - USD ($)		9 Months Ended
	May 15, 2023	Dec. 31, 2023
Financing Receivable, Modified [Line Items]
Principal amount		$ 4,250,000
Interest rate percentage	5%	5%
Maturity date		Jun. 16, 2025
Minimum [Member]
Financing Receivable, Modified [Line Items]
Principal amount	$ 4,250,000
Maturity date	May 15, 2025
Maximum [Member]
Financing Receivable, Modified [Line Items]
Principal amount	$ 4,443,870
Maturity date	Jun. 16, 2025

INVESTMENTS (Details Narrative)

INVESTMENTS (Details Narrative) - Series A Convertible Preferred Stock [Member]	1 Months Ended
	Jul. 25, 2022 shares
Shares Received	1,200
Convertible shares of common stock	42,253,521

PROPERTY AND EQUIPMENT (Details

PROPERTY AND EQUIPMENT (Details) - USD ($)		Dec. 31, 2023	Mar. 31, 2023
Property, Plant and Equipment [Line Items]
Total property and equipment	[1]	$ 388,860	$ 407,010
Accumulated depreciation		(52,267)	(83,194)
Property and equipment, net		336,593	323,816
Auto BNC [Member]
Property, Plant and Equipment [Line Items]
Total property and equipment		232,406	232,406
Equipment BNC [Member]
Property, Plant and Equipment [Line Items]
Total property and equipment		84,404	84,604
Computers And Software [Member]
Property, Plant and Equipment [Line Items]
Total property and equipment			90,000
Equipment [Member]
Property, Plant and Equipment [Line Items]
Total property and equipment		45,050
Equipment Guy Care [Member]
Property, Plant and Equipment [Line Items]
Total property and equipment		$ 27,000
[1]As of December 31, 2023, $90,000 of the Company’s gross property, plant, and equipment, was fully depreciated, retired and no gain or loss was recognized from the disposal.

PROPERTY AND EQUIPMENT (Detai_2

PROPERTY AND EQUIPMENT (Details Narrative) - USD ($)	1 Months Ended		3 Months Ended	9 Months Ended
	Sep. 30, 2023	Aug. 25, 2023	Dec. 31, 2023	Dec. 31, 2023
Defined Benefit Plan Disclosure [Line Items]
Depreciation expenses			$ 21,033	$ 59,273
Property and equipment net remaining			3,895,753	3,895,753
Remaining lease right of use asset			247,969	247,969
Agora And Bitstream [Member]
Defined Benefit Plan Disclosure [Line Items]
Impaired assets amount	$ 5,679,942
Accumulated depreciation	$ 1,784,189
Zest Labs [Member]
Defined Benefit Plan Disclosure [Line Items]
Percentage of issued and outstanding		100%
Net amount of property and equipment			$ 0	$ 0

INTANGIBLE ASSETS (Details)

INTANGIBLE ASSETS (Details) - USD ($)	Dec. 31, 2023	Mar. 31, 2023
Finite-Lived Intangible Assets [Line Items]
Intangible assets, net	$ 5,892,389	$ 6,204,339
Trademarks [Member]
Finite-Lived Intangible Assets [Line Items]
Total intangible assets	5,097,000	5,097,000
Developed Technology [Member]
Finite-Lived Intangible Assets [Line Items]
Total intangible assets	1,142,000	1,142,000
Accumulated Amortization Trademarks [Member]
Finite-Lived Intangible Assets [Line Items]
Accumulated amortization	(283,167)	(28,317)
Accumulated Amortization Developed Technology [Member]
Finite-Lived Intangible Assets [Line Items]
Accumulated amortization	$ (63,444)	$ (6,344)

INTANGIBLE ASSETS (Details 1)

INTANGIBLE ASSETS (Details 1) - USD ($)	Dec. 31, 2023	Mar. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Remaining fiscal year 2024	$ 103,983
2025	415,933
2026	415,933
2027	415,933
2028	415,933
Thereafter	4,124,674
Intangible assets, net	$ 5,892,389	$ 6,204,339

INTANGIBLE ASSETS (Details Narr

INTANGIBLE ASSETS (Details Narrative) - USD ($)	1 Months Ended	3 Months Ended		9 Months Ended
	Aug. 25, 2023	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2023	Dec. 31, 2022
Defined Benefit Plan Disclosure [Line Items]
Amortization expense		$ 103,983	$ 0	$ 311,950	$ 0
Zest Labs [Member]
Defined Benefit Plan Disclosure [Line Items]
Percentage of issued and outstanding	100%
Net amount of property and equipment		$ 0		$ 0

ACCRUED EXPENSES (Details)

ACCRUED EXPENSES (Details) - USD ($)	Dec. 31, 2023	Mar. 31, 2023
Payables and Accruals [Abstract]
Professional fees and consulting costs	$ 662,176	$ 440,215
Compensation paid time off	121,789	73,375
Sponsorship		500,000
Interest	104,453	61,722
Other	34,080	26,135
Total	$ 922,498	$ 1,101,447

WARRANT DERIVATIVE LIABILITIE_2

WARRANT DERIVATIVE LIABILITIES (Details) - Warrant [Member] - $ / shares	9 Months Ended	12 Months Ended
	Dec. 31, 2023	Mar. 31, 2023
Expected dividend yield
Inception [Member]
Expected term		5 years
Expected dividend yield
Maximum [Member]
Expected term	1 year	3 months
Expected volatility	110%	107%
Risk-free interest rate	3.48%	2.98%
Market price (in Dollars per share)	$ 0.33	$ 5.40
Maximum [Member] | Inception [Member]
Expected volatility		107%
Risk-free interest rate		2.77%
Minimum [Member]
Expected term	5 years	1 year 10 months 6 days
Expected volatility	138%	110%
Risk-free interest rate	4.59%	3.88%
Market price (in Dollars per share)	$ 4.50	$ 39
Minimum [Member] | Inception [Member]
Expected volatility		91%
Risk-free interest rate		1.50%

WARRANT DERIVATIVE LIABILITIE_3

WARRANT DERIVATIVE LIABILITIES (Details 1) - USD ($)	Dec. 31, 2023	Mar. 31, 2023
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Fair Value Warrants	$ 436,408	$ 6,264
August Six Two Thousand Twenty One [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of warrants	115,942
Date of offering	Aug. 06, 2021
Fair Value Warrants		5,974
August Six Two Thousand One One [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of warrants	8,116
Date of offering	Aug. 06, 2021
Fair Value Warrants		290
April Twenty Seven Two Thousand Twenty Three [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of warrants	2,100,905
Date of offering	Apr. 27, 2023
Fair Value Warrants	$ 436,408

WARRANT DERIVATIVE LIABILITIE_4

WARRANT DERIVATIVE LIABILITIES (Details 2) - USD ($)	9 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Warrant Derivative Liabilities
Beginning balance	$ 6,264	$ 4,318,630
Issuance of Stock and Warrants for Services or Claims	3,334,246
Warrants exchanged for common stock
Change in fair value of warrant derivative liabilities	(2,904,102)	(4,274,183)
Ending balance	$ 436,408	$ 44,447

WARRANT DERIVATIVE LIABILITIE_5

WARRANT DERIVATIVE LIABILITIES (Details Narrative) - USD ($)		1 Months Ended	3 Months Ended		9 Months Ended
	Aug. 06, 2021	Apr. 27, 2023	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2023	Dec. 31, 2022
Offsetting Assets [Line Items]
Registered direct offering closed	20,000,000
Number of shares sold (in Shares)	115,942
Number of warrants granted (in Shares)	115,942
Price per share (in Dollars per share)	$ 172.50
Number of warrants (in Shares)					8,116
Warrant exercisable price per share (in Dollars per share)			$ 215.625		$ 215.625
Fair value of warrants estimated			$ 0		$ 0
Exercise of warrant shares (in Dollars per share)		$ 3.28
Convertible notes					3,334,246
Fair value of warrants			(824,475)	$ (6,124,833)	(23,807,318)	$ (9,017,305)
Fair value of derivative liabilities			2,904,102	$ 4,274,183	2,904,102	$ 4,274,183
Convertible Notes Payable [Member]
Offsetting Assets [Line Items]
Senior secured convertible promissory note		$ 6,875,000
Fair value of warrants					436,408
Warrant [Member]
Offsetting Assets [Line Items]
Convertible note		$ 2,100,905
Investor Warrants [Member]
Offsetting Assets [Line Items]
Fair value of warrants estimated			11,201,869		11,201,869
Placement Agent Warrants [Member] | Warrant [Member]
Offsetting Assets [Line Items]
Fair value of warrants estimated			$ 744,530		$ 744,530

LONG-TERM DEBT (Details)

LONG-TERM DEBT (Details) - USD ($)	Dec. 31, 2023	Mar. 31, 2023
Debt Instrument [Line Items]
Total long-term debt	$ 446,196	$ 461,258
Less: current portion	(313,860)	(311,542)
Long-term debt, net of current portion	132,336	149,716
Convertible Note One [Member]
Debt Instrument [Line Items]
Total long-term debt	291,036	291,036
Convertible Note Two [Member]
Debt Instrument [Line Items]
Total long-term debt	$ 155,160	$ 170,222

LONG-TERM DEBT (Details 1)

LONG-TERM DEBT (Details 1) - USD ($)	Dec. 31, 2023	Mar. 31, 2023
Debt Disclosure [Abstract]
Remaining 2024	$ 296,441
2025	23,662
2026	27,303
2027	31,505
2028	36,354
Thereafter	30,931
Total	$ 446,196	$ 461,258

LONG-TERM DEBT (Details Narrati

LONG-TERM DEBT (Details Narrative) - USD ($)	3 Months Ended		9 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2023	Dec. 31, 2022	Feb. 16, 2022	Dec. 28, 2018
Short-Term Debt [Line Items]
Credit facility amount						$ 10,000,000
Accrued interest	$ 26,313		$ 26,313
Interest accrued	88,035		88,035
Long term secured note payable					$ 80,324
Maturity date					Feb. 13, 2028
Interest expense	$ 5,704	$ 9,461	$ 17,713	$ 50,888
Security Agreement [Member]
Short-Term Debt [Line Items]
Debt description			The Company is able to request draws from the lender up to $1,000,000 with a cap of $10,000,000. In the year ended March 31, 2022, the Company borrowed $595,855, which included $25,855 in commitment fees, with the balance of $570,000 being disbursed directly to the Company.
Long Term Secured Note Payable [Member]
Short-Term Debt [Line Items]
Debt percentage					5.79%

NOTES PAYABLE (Details)

NOTES PAYABLE (Details) - USD ($)		9 Months Ended
		Dec. 31, 2023	Dec. 31, 2022
Short-Term Debt [Line Items]
Beginning balance
Amortization of discounts		4,172,858	$ 47,515
Ending balance		4,559,619
Convertible Notes Payable [Member]
Short-Term Debt [Line Items]
Beginning balance
Issuance of convertible notes		6,875,000
Less: original issue discount - inception		(1,375,000)
Amortization of discounts		4,108,120
Principal converted to common stock and gain on conversion		(361,683)
Less: debt discount - reclassification to derivative liability	[1]	(4,686,818)
Ending balance		$ 4,559,619
[1]This amount also includes discount related to the warrants issued with the convertible note (see note 12).

NOTES PAYABLE (Details 1)

NOTES PAYABLE (Details 1)	9 Months Ended
	Dec. 31, 2023 USD ($)
Short-Term Debt [Line Items]
Beginning balance	$ 19,862,226
Ending balance	1,375,063
Convertible Notes Payable [Member]
Short-Term Debt [Line Items]
Beginning balance
Issuances of convertible note - derivative liabilities	1,352,322
Change in fair value of convertible note derivative liabilities	(597,714)
Ending balance	$ 754,608

NOTES PAYABLE (Details Narrativ

NOTES PAYABLE (Details Narrative) - USD ($)			1 Months Ended		3 Months Ended		9 Months Ended
	Nov. 14, 2023	Nov. 08, 2023	Oct. 16, 2023	Apr. 27, 2023	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2023	Dec. 31, 2022
Short-Term Debt [Line Items]
Related party advance					$ 3,805,088		$ 11,315,608
Repayments of related party debt					383,885		$ 2,683,627
Shares purchase description	This transaction closed on November 15, 2023. The purchase price was paid by the cancellation of $15,085,931 of cash advances made by AAI to the Company between January 1, 2023 and November 9, 2023.
Matured date							Jun. 16, 2025
Amortization original issue discount					1,588,474		$ 4,172,858
Amortization of conversion option					1,178,107		3,175,767
Convertible Notes Payable [Member]
Short-Term Debt [Line Items]
Original issue discount				$ 6,875,000	1,375,000		1,375,000
Matured date				Apr. 27, 2024
Proceeds from issuance of debt				$ 5,400,000
Amortization original issue discount					345,628		$ 932,353
Convertible common stock price per share increase				$ 3.28
Convertible common stock price per share decrease				$ 3.28
Term Note Agreements [Member]
Short-Term Debt [Line Items]
Original issue discount		$ 60,000
Matured date							Jan. 07, 2024
Interest rate							10%
Principal amount		660,000
Proceeds from issuance of debt		$ 60,000
Amortization original issue discount					53,000		$ 53,000
Accrued interest					9,584		$ 9,584
Term Note Agreement [Member]
Short-Term Debt [Line Items]
Original issue discount			$ 10,000
Matured date							Nov. 16, 2023
Interest rate							10%
Principal amount			210,000
Proceeds from issuance of debt			$ 200,000
Amortization original issue discount					10,000		$ 10,000
Accrued interest					$ 6,835		$ 6,835
Stated interest rate					18%		18%
Ault Alliance Inc [Member]
Short-Term Debt [Line Items]
Original issue discount					$ 10,000		$ 10,000
Matured date					Jan. 19, 2024
Interest rate					18%
Series D Convertible Preferred Stock [Member]
Short-Term Debt [Line Items]
Shares designated	603.44
Shares purchase price	$ 15,085,931
Shares purchase description	This transaction closed on November 15, 2023. The purchase price was paid by the cancellation of $15,085,931 of cash advances made by AAI to the Company between January 1, 2023 and November 9, 2023.
Stated value par share	$ 25,000
Conversion Price	$ 0.51

PREFERRED STOCK (Details)

PREFERRED STOCK (Details) - USD ($)	9 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Class of Stock [Line Items]
Redemption of Series A	$ (1,305,000)
Bit Nile Metaverse Series A [Member]
Class of Stock [Line Items]
Beginning balance	1,025,202
Reclassification - advances former parent of BitNile.com, Inc.	1,940,000
Redemption of Series A	(1,305,000)
Change in fair value of preferred stock derivative liabilities	(1,653,241)
Gain on conversion of derivative liability	(1,413)
Ending balance	$ 5,548

PREFERRED STOCK (Details 1)

PREFERRED STOCK (Details 1) - Bit Nile Metaverse Series B And C [Member]	9 Months Ended
	Dec. 31, 2023 USD ($)
Class of Stock [Line Items]
Beginning balance	$ 18,830,760
Change in fair value of preferred stock derivative liabilities	(18,642,362)
Ending balance	$ 188,398

PREFERRED STOCK (Details 2)

PREFERRED STOCK (Details 2) - Black Scholes Valuation Model [Member] - Preferred Stock [Member] - $ / shares	9 Months Ended	12 Months Ended
	Dec. 31, 2023	Mar. 31, 2023
Class of Stock [Line Items]
Expected dividend yield
Minimum [Member]
Class of Stock [Line Items]
Expected term	1 year 7 months 28 days	1 year 7 months 28 days
Expected volatility	108%	108%
Risk-free interest rate	3.48%	3.48%
Market price (in Dollars per share)	$ 1.15	$ 22.80
Maximum [Member]
Class of Stock [Line Items]
Expected term	2 years	2 years
Expected volatility	138%	110%
Risk-free interest rate	4.88%	3.88%
Market price (in Dollars per share)	$ 22.80	$ 3.60

PREFERRED STOCK (Details Narrat

PREFERRED STOCK (Details Narrative) - USD ($)				3 Months Ended	9 Months Ended
	Nov. 14, 2023	Apr. 04, 2023	Feb. 08, 2023	Dec. 31, 2023	Dec. 31, 2023	Apr. 27, 2023	Mar. 31, 2023	Mar. 07, 2023	Dec. 31, 2022	Nov. 28, 2022	Jun. 08, 2022
Class of Stock [Line Items]
Common stock shares issued				10,734,744	10,734,744	693,651	1,383,832
Derivative liabilities										$ 7,218,319
Value of derivative liability				$ 2,904,102	$ 2,904,102				$ 4,274,183
Conversion amount				1,178,107	3,175,767
Advances							$ 635,000
Dividend payable				1,342,259	1,342,259
Redemption amount										$ 1,940,000
Shares purchase description	This transaction closed on November 15, 2023. The purchase price was paid by the cancellation of $15,085,931 of cash advances made by AAI to the Company between January 1, 2023 and November 9, 2023.
Ault Lending LLC [Member]
Class of Stock [Line Items]
Advanced to third-party				100,000	1,305,000
Advance payments		$ 3,250,000
White River Energy Corp [Member]
Class of Stock [Line Items]
Advance payments		$ 3,250,000
Series A [Member]
Class of Stock [Line Items]
Preferred stock shares issued											1,200
Value of derivative liability				6,961	6,961
Change in fair value				$ 48,454	$ 1,653,241
Conversion of the preferred stock (in Shares)				179.1	179.1
Conversion amount					$ 1,413
Dividend payable				$ 56,669	56,669
Preferred stock dividend amount					$ 10,833
Common Stock [Member]
Class of Stock [Line Items]
Common stock shares issued											3,429
Series B Preferred Stock [Member]
Class of Stock [Line Items]
Preferred stock shares issued				8,883.4	8,883.4		8,637.5
Shares issuance for exchange			8,637.5
Preferred stock shares outstanding				8,883.4	8,883.4		8,637.5
Series C Preferred Stock [Member]
Class of Stock [Line Items]
Preferred stock shares issued				1,401.3	1,401.3		1,362.5
Shares issuance for exchange			1,362.5
Preferred stock shares outstanding				1,401.3	1,401.3		1,362.5
Preferred Stock [Member]
Class of Stock [Line Items]
Value of derivative liability								$ 42,426,069
Dividend payable				$ 1,285,591	$ 1,285,591
Dividend expense				1,589,046	4,739,726
Accrued dividend				1,342,259	1,342,259
Series D Convertible Preferred Stock [Member]
Class of Stock [Line Items]
Numbers of shares agreed to sell	603.44
Shares purchase price	$ 15,085,931
Shares purchase description	This transaction closed on November 15, 2023. The purchase price was paid by the cancellation of $15,085,931 of cash advances made by AAI to the Company between January 1, 2023 and November 9, 2023.
Stated value par share	$ 25,000
Fair value of preferred stock	$ 15,085,931
Paid-in-kind dividends				$ 192,765	$ 192,765

SHAREHOLDERS_ DEFICIT (Details

SHAREHOLDERS’ DEFICIT (Details Narrative) - USD ($)		1 Months Ended	3 Months Ended			9 Months Ended
	Apr. 12, 2022	Oct. 19, 2023	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2023	Dec. 31, 2022	May 04, 2023	Apr. 27, 2023	Mar. 31, 2023	Oct. 16, 2022
Accumulated Other Comprehensive Income (Loss) [Line Items]
Common stock authorized (in Shares)			500,000,000			500,000,000				500,000,000
Unsold shares (in Shares)			163,393			163,393
Converted amount			$ 1,178,107			$ 3,175,767
Company issued shares of common stock			73,361			113,383
Preferred stock dividend			$ 550,232			$ 850,390
Preferred stock dividend shares (in Shares)			916,976			916,976
Amount received in ATM						$ 1,655,335
Common stock shares issued (in Shares)			6,974,156			6,974,156
Proceeds from issuance of common stock						$ 1,064,896
Restricted stock shares (in Shares)						2,833,336
Considered performance grants (in Shares)						2,166,664
Stock-based compensation						$ 12,166,680
Performance based grants						0
Deployment Total						$ 23,000,000
Common stock shares issued (in Shares)			10,734,744			10,734,744			693,651	1,383,832
Estimated value per share (in Dollars per share)			$ 5			$ 5
Share-based compensation						$ 258,655	$ 470,687
Service based grants						8,333,320
Share-based compensation of stock options			$ 0	$ 470,687		8,810	$ 1,711,466
Share-based compensation expense						535,731
MW Power Contract In Texas [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Restricted shares (in Shares)	500,000
Agora Common Stock [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Restricted common shares issued (in Shares)					5,000,000
Share issuance percentage					89%
Common stock shares issued (in Shares)				400,000			400,000
Share-based compensation			$ 791,491			8,963,700
Agora Common Stock [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Shares purchased (in Shares)					41,671,221
Stock-based compensation						2,610,174
Performance based grants						$ 10,833,320
ELOC [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Common stock shares issued (in Shares)			634,152			634,152
Common stock shares purchase amount			$ 385,133			$ 385,133
Senior Secured Convertible Notes [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Converted amount		$ 359,121
Converted shares		693,769
Bit Nile Metaverse [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Common stock authorized (in Shares)											500,000,000
Maximum [Member] | Bit Nile Metaverse [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Authorized shares (in Shares)								100,000,000
Minimum [Member] | Bit Nile Metaverse [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Common stock authorized (in Shares)								3,333,333

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Details Narrative) - USD ($)		1 Months Ended	3 Months Ended		9 Months Ended
	Jul. 15, 2022	Apr. 22, 2022	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2023	Dec. 31, 2022	Jul. 18, 2023	Mar. 31, 2023
Loss Contingencies [Line Items]
Right of use assets			$ 264,519		$ 264,519			$ 0
Operating lease liabilities current			16,765		16,765
Operating lease liabilities noncurrent			219,492		219,492
Operating lease expenses			7,738	$ 0	7,738	$ 0
Purchased equipment	$ 414,027	$ 256,733
Stockholders Equity			(8,001,592)		(8,001,592)			(9,613,477)
Minimum [Member]
Loss Contingencies [Line Items]
Purchase aggregating obligations			2,000,000		2,000,000
Maximum [Member]
Loss Contingencies [Line Items]
Purchase aggregating obligations			$ 1,000,000		$ 1,000,000
Nasdaq Compliance [Member]
Loss Contingencies [Line Items]
Stockholders Equity							$ 2,500,000	$ 13,900,000
Guy Care Operating Lease [Member]
Loss Contingencies [Line Items]
Lease commenced date					Dec. 01, 2023
Discount rate			10%		10%
Right of use assets			$ 270,007		$ 270,007
Operating lease liabilities			$ 270,007		$ 270,007

Fair Value Measurements (Detail

Fair Value Measurements (Details) - USD ($)	9 Months Ended	12 Months Ended
	Dec. 31, 2023	Mar. 31, 2023
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Warrant derivative liabilities	$ 23,807,318	$ 32,924,126
Gain loss on investments		(20,775,215)
Gain loss on Bitcoin		(9,122)
Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Warrant derivative liabilities
Investments
Bitcoin
Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Warrant derivative liabilities
Investments
Bitcoin
Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Warrant derivative liabilities	1,375,063	19,862,226
Investments	$ 9,224,785	9,224,785
Bitcoin

Fair Value Measurements (Deta_2

Fair Value Measurements (Details 1)	9 Months Ended
	Dec. 31, 2023 USD ($)
Fair Value Disclosures [Abstract]
Beginning balance	$ (10,637,441)
Issuance - convertible notes with warrants	(4,686,817)
Redemption of derivative liabilities and preferred, net	633,338
Net change in unrealized (depreciation) appreciation included in earnings	23,807,318
Ending balance	$ 7,849,722

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details Narrative) - USD ($)	3 Months Ended		9 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2023	Dec. 31, 2022
Related Party Transaction [Line Items]
Related party hospitality service sales amount	$ 0	$ 0	$ 58,950	$ 0
Allocated of ault alliance inc.	388,695	0	1,784,537	0
Ault Alliance Inc [Member]
Related Party Transaction [Line Items]
Additional amount	5,743,428		13,253,948
Related Party [Member]
Related Party Transaction [Line Items]
Related party receivables	$ 62,200	$ 0	$ 62,200	$ 0

SEGMENT INFORMATION (Details)

SEGMENT INFORMATION (Details) - USD ($)	3 Months Ended			9 Months Ended
	Dec. 31, 2023		Dec. 31, 2022	Dec. 31, 2023		Dec. 31, 2022
Segment Reporting Information [Line Items]
RiskOn360 revenue	$ 240,356			$ 240,356
BNS revenue				64,350
Cost of revenue	2,058,024			2,172,746
Operating loss before other expenses	(1,817,668)			(1,868,040)
Salaries	1,038,788		241,403	2,461,243		917,215
Professional fees	359,745		123,288	790,221		248,015
Selling, general and administration	6,897,295		1,089,816	23,175,273		2,386,655
Depreciation and amortization	125,016			371,223
Total	8,420,844		1,454,507	26,797,960		3,551,885
Loss from continuing operations	(10,238,512)			(28,666,000)
Other income (expense)	(4,316,742)			12,885,492
Loss from discontinued operations	(243,863)			(8,818,437)
Net Loss	(14,799,117)		$ 2,426,971	(24,598,945)		$ (33,032,049)
BNS [Member]
Segment Reporting Information [Line Items]
RiskOn360 revenue
BNS revenue				64,350
Cost of revenue				114,722
Operating loss before other expenses				(50,372)
Salaries	690,752			2,113,207
Professional fees	359,745			790,221
Selling, general and administration	5,893,520			22,171,498
Depreciation and amortization	123,104			369,311
Total	7,067,121			25,444,237
Loss from continuing operations	(7,067,121)			(25,494,609)
Other income (expense)	(4,316,742)			12,885,492
Loss from discontinued operations
Net Loss	(11,383,863)			(12,609,117)
Risk On 360 [Member]
Segment Reporting Information [Line Items]
RiskOn360 revenue	240,356			240,356
BNS revenue
Cost of revenue	2,058,024			2,058,024
Operating loss before other expenses	(1,817,668)			(1,817,668)
Salaries	202,786			202,786
Professional fees
Selling, general and administration	969,420			969,420
Depreciation and amortization	1,912			1,912
Total	1,174,118			1,174,118
Loss from continuing operations	(2,991,786)			(2,991,786)
Other income (expense)
Loss from discontinued operations
Net Loss	(2,991,786)			(2,991,786)
Other [Member]
Segment Reporting Information [Line Items]
RiskOn360 revenue		[1]			[2]
BNS revenue		[1]			[2]
Cost of revenue		[1]			[2]
Operating loss before other expenses		[1]			[2]
Salaries	145,250	[1]		145,250	[2]
Professional fees		[1]			[2]
Selling, general and administration	34,355	[1]		34,355	[2]
Depreciation and amortization		[1]			[2]
Total	179,605	[1]		179,605	[2]
Loss from continuing operations	(179,605)	[1]		(179,605)	[2]
Other income (expense)		[1]			[2]
Loss from discontinued operations	(243,863)	[1]		(8,818,437)	[2]
Net Loss	$ (423,468)	[1]		$ (8,998,042)	[2]
[1]The Other category includes GuyCare expenses and loss from discontinued operations.[2]The Other category includes GuyCare expenses and loss from discontinued operations.

SUBSEQUENT EVENTS (Details Narr

SUBSEQUENT EVENTS (Details Narrative) - USD ($)			1 Months Ended
	Jan. 09, 2024	Aug. 06, 2021	Jan. 23, 2024
Subsequent Event [Line Items]
Common stock issued		115,942
Subsequent Event [Member]
Subsequent Event [Line Items]
Shares Description	The alleged violation of the Voting Rights Rule relates to the issuance of 603.44 shares of newly designated Series D Convertible Preferred Stock in exchange for the cancellation of $15,085,930 of cash advances made by Ault Alliance, Inc. (“AAI”) to the Company between January 1 and November 9, 2023, pursuant to the Securities Purchase Agreement (the “Agreement”) by and between the Company and AAI. See note 15, “Preferred Stocks” for the terms of the Preferred Stock.
Subsequent Event [Member] | ELOC Purchase Agreement [Member]
Subsequent Event [Line Items]
Common stock issued			40,000,000
Subsequent Event [Member] | Maximum [Member]
Subsequent Event [Line Items]
Initial offering price			$ 25,000,000