Sharing Services Global (SHRG) 10-Q 14 Nov 22 2023 Q2 Quarterly report Financial data

Cover

Cover - shares	6 Months Ended
	Sep. 30, 2022	Nov. 09, 2022
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Sep. 30, 2022
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2023
Current Fiscal Year End Date	--03-31
Entity File Number	000-55997
Entity Registrant Name	SHARING SERVICES GLOBAL CORPORATION
Entity Central Index Key	0001644488
Entity Tax Identification Number	30-0869786
Entity Incorporation, State or Country Code	NV
Entity Address, Address Line One	5200 Tennyson Parkway
Entity Address, Address Line Two	Suite 400
Entity Address, City or Town	Plano
Entity Address, State or Province	TX
Entity Address, Postal Zip Code	75024
City Area Code	(469)
Local Phone Number	304-9400
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		262,832,833
Entity Information, Former Legal or Registered Name	None

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($)	Sep. 30, 2022	Mar. 31, 2022
Current Assets
Cash and cash equivalents	$ 6,458,865	$ 17,023,266
Trade accounts receivable, net	1,757,494	1,682,958
Income taxes receivable		300,000
Inventory, net	3,524,236	4,374,236
Notes receivable, net	241,942
Other current assets, net	1,519,741	3,511,282
Total Current Assets	13,502,278	26,891,742
Property and equipment, net	9,554,577	9,585,141
Right-of-use assets, net	473,993	593,389
Deferred income tax assets, net	81,208	81,205
Investment in unconsolidated entities, net	1,370,242	5,063,940
Investment in marketable securities	6,506,547
Intangible assets, net	616,804	688,670
Other assets	1,171,267	260,637
TOTAL ASSETS	33,276,916	43,164,724
Current Liabilities
Accounts payable	940,528	985,139
Accrued sales commission payable	3,061,475	3,745,481
Employee stock warrants liability	299,669	452,050
State and local taxes payable	1,413,613	1,339,366
Note payable - related party, net of unamortized debt discount and unamortized deferred loan cost of $699,056 as of September 30, 2022	10,952,513
Accrued and other current liabilities	3,364,308	3,079,782
Convertible notes payable, related parties, net of unamortized debt discount and unamortized deferred loan cost of and $17,396,771 as of September 30, 2022, $20,151,230 as of March 31, 2022, respectively.	9,603,229	9,898,770
Total Current Liabilities	29,635,335	19,500,588
Settlement liability, long-term		373,677
Lease liability, long-term	413,587	461,515
TOTAL LIABILITIES	30,048,922	20,335,780
Commitments and contingencies
Stockholders’ Equity
Treasury Stock, 26,091,136 shares, at cost	(626,187)
Additional paid in capital	81,913,495	80,738,719
Shares to be issued	12,146	12,146
Accumulated deficit	(77,625,249)	(57,886,336)
Accumulated other comprehensive loss	(473,126)	(65,109)
Total Stockholders’ Equity	3,227,994	22,828,944
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	33,276,916	43,164,724
Series A Preferred Stock [Member]
Stockholders’ Equity
Preferred stock value	310	310
Series B Preferred Stock [Member]
Stockholders’ Equity
Preferred stock value
Series C Preferred Stock [Member]
Stockholders’ Equity
Preferred stock value	322	322
Common Class A [Member]
Stockholders’ Equity
Class B common stock, $0.0001 par value, 10,000,000 shares designated, no shares issued and outstanding as of September 30, 2022, and March 31, 2022	26,283	28,892
Common Class B [Member]
Stockholders’ Equity
Class B common stock, $0.0001 par value, 10,000,000 shares designated, no shares issued and outstanding as of September 30, 2022, and March 31, 2022

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($)	Sep. 30, 2022	Mar. 31, 2022
Preferred stock, par value	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	200,000,000	200,000,000
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, shares authorized	2,000,000,000	2,000,000,000
Treasury stock shares	26,091,136
Series A Convertible Preferred Stock [Member]
Preferred stock, par value	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	100,000,000	100,000,000
Preferred stock, shares issued	3,100,000	3,100,000
Preferred stock, shares outstanding	3,100,000	3,100,000
Series B Convertible Preferred Stock [Member]
Preferred stock, par value	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	10,000,000	10,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Series C Convertible Preferred Stock [Member]
Preferred stock, par value	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	10,000,000	10,000,000
Preferred stock, shares issued	3,220,000	3,220,000
Preferred stock, shares outstanding	3,220,000	3,220,000
Common Class A [Member]
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, shares authorized	1,990,000,000	1,990,000,000
Common stock, shares issued	262,832,833	288,923,969
Common stock, shares outstanding	262,832,833	288,923,969
Common Class B [Member]
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, shares authorized	10,000,000	10,000,000
Common stock, shares issued	0	0
Common stock, shares outstanding	0	0
Notes Payable [Member]
Unamortized debt discount, current	$ 699,056
Deferred loan costs	699,056
Convertible Notes Payable [Member]
Unamortized debt discount, current	17,396,771	$ 20,151,230
Deferred loan costs	$ 17,396,771	$ 20,151,230

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Income Statement [Abstract]
Net sales	$ 4,188,152	$ 9,873,300	$ 9,491,770	$ 21,084,827
Cost of goods sold	1,759,776	2,924,439	3,416,804	6,278,250
Gross profit	2,428,376	6,948,861	6,074,966	14,806,577
Operating expenses
Selling and marketing expenses	2,037,596	5,022,160	4,795,396	10,172,635
General and administrative expenses	4,557,922	5,540,701	9,108,825	10,269,011
Total operating expenses	6,595,518	10,562,861	13,904,221	20,441,646
Operating loss	(4,167,142)	(3,614,000)	(7,829,255)	(5,635,069)
Other income (expense):
Interest expense, net	(3,321,410)	(3,126,358)	(6,441,464)	(6,056,372)
Gain on employee warrants liability	52,875	646,930	167,835	1,781,100
Gain on extinguishment of debt				1,040,400
Unrealized gain (loss) on investments	(11,553,933)	2,114,970	(6,669,760)	2,114,970
Other non-operating income (expense), net	49,632	9,559	139,799	(14,046)
Total other (expense), net	(14,772,836)	(354,899)	(12,803,590)	(1,133,948)
Loss before income taxes	(18,939,978)	(3,968,899)	(20,632,845)	(6,769,017)
Income tax benefit	(554,075)	(1,254,134)	(893,932)	(506,245)
Net loss	(18,385,903)	(2,714,765)	(19,738,913)	(6,262,772)
Other comprehensive income (loss), net of tax:
Currency translation adjustments	(263,751)	(8,230)	(408,017)	23,973
Total other comprehensive (loss) income	(263,751)	(8,230)	(408,017)	23,973
Comprehensive loss	$ (18,649,654)	$ (2,722,995)	$ (20,146,930)	$ (6,238,799)
Loss per share:
Basic	$ (0.07)	$ (0.01)	$ (0.07)	$ (0.03)
Diluted	$ (0.07)	$ (0.01)	$ (0.07)	$ (0.03)
Weighted average shares:
Basic and diluted	262,832,833	187,567,291	270,531,857	186,009,840

Condensed Consolidated Statem_2

Condensed Consolidated Statement of Cash Flows (Unaudited) - USD ($)	6 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$ (19,738,913)	$ (6,262,772)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization	335,571	228,294
Stock-based compensation gain	(152,381)	(1,461,637)
Deferred income tax benefit		(1,513,672)
Amortization of debt discount and other	6,994,167	4,877,643
Gain on extinguishment of debt	(350,320)	(1,040,400)
Impairment loss on intangible assets	154,182
Bad debt expense	107,800
Unrealized gain (loss) on investments	6,669,760	(1,778,789)
Provision for obsolete inventory	433,714
Changes in operating assets and liabilities:
Accounts receivable	(182,343)	(24,398)
Inventory	514,591	(3,455,082)
Other current assets	422,894	1,797,008
Other assets	(153,324)	(1,810)
Accounts payable	762,392	(126,488)
Income taxes payable	(577,235)	921,641
Lease liability	17,541	(21,946)
Accrued and other liabilities	(694,905)	(2,297,788)
Net Cash Used in Operating Activities	(5,436,809)	(10,160,196)
CASH FLOWS FROM INVESTING ACTIVITIES:
Payments for property and equipment and other assets	(1,352,792)	(209,997)
Issuance of notes receivable	(241,942)
Purchase of marketable securities	(9,510,000)
Collection of notes receivable		(41,682)
Cash paid for asset purchase	(400,000)	(2,937,000)
Net Cash Used in Investing Activities	(11,504,734)	(3,188,679)
CASH FLOWS FROM FINANCING ACTIVITIES:
Retirement of loan	(3,348,811)
Net proceeds from issuance of promissory notes	10,922,329
Common stock received on litigation settlement	(1,046,254)
Proceeds from issuance of common stock		34,625
Proceeds from convertible notes		30,000,000
Net Cash Provided by Financing Activities	6,527,264	30,034,625
IMPACT OF CURRENCY RATE CHANGES ON CASH	(150,122)	11,124
Increase (decrease) in cash and cash equivalents	(10,564,401)	16,696,874
Cash and cash equivalents, beginning of period	17,023,266	12,144,409
Cash and cash equivalents, end of period	6,458,865	28,841,283
Supplemental cash flow information
Cash paid for interest	127,790	32,435
Cash paid for income taxes		45,312
Supplemented disclosure of non-cash investing and financing activities:
Stock issued for financing fees and prepaid interest on debt		5,400,000
Investment origination fee collected in shares of investee stock		$ 500,000

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Changes in Stockholders' Equity (Unaudited) - USD ($)	Preferred Stock [Member] Series A Preferred Stock [Member]	Preferred Stock [Member] Series B Preferred Stock [Member]	Preferred Stock [Member] Series C Preferred Stock [Member]	Common Stock [Member] Common Class A and B [Member]	Additional Paid-in Capital [Member]	Shares To Be Issued [Member]	Treasury Stock [Member]	Retained Earnings [Member]	AOCI Attributable to Parent [Member]	Total
Beginning balance at Mar. 31, 2021	$ 510		$ 323	$ 16,010	$ 43,757,768	$ 12,146		$ (37,627,718)		$ 6,159,039
Beginning balance, shares at Mar. 31, 2021	5,100,000		3,230,000	160,100,769
Currency translation adjustments									23,973	23,973
Net loss								(6,262,772)		(6,262,772)
Common stock issued for deferred financing costs and prepaid interest on debt				$ 2,700	6,477,300			(1,080,000)		5,400,000
Common stock issued for deferred financing costs and prepaid interest on debt, shares				27,000,000
Conversions or retirements of preferred stock	$ (200)		$ (1)	$ 1
Conversions or retirements of preferred stock, shares	(2,000,000)		(10,000)	10,000
Issuance of debt with beneficial conversion feature and in-the-money stock warrant, net of tax					21,330,000					21,330,000
Expiration of common stock puts								177,879		177,879
Stock-based compensation expense					280,000					280,000
Stock warrants exercised				50	77,450					77,500
Stock warrants exercised, shares				500,000
Ending balance at Sep. 30, 2021	$ 310		$ 322	$ 18,761	71,922,718	12,146		(44,792,611)	23,973	27,185,619
Ending balance, shares at Sep. 30, 2021	3,100,000		3,220,000	187,610,769
Beginning balance at Mar. 31, 2022	$ 310		$ 322	$ 28,892	80,738,719	12,146		(57,886,336)	(65,109)	22,828,944
Beginning balance, shares at Mar. 31, 2022	3,100,000		3,220,000	288,923,969
Refinancing of debt and detachable warrants					1,172,167					1,172,167
Repurchase of shares of Common Stock				$ (2,609)	2,609		(626,187)			$ (626,187)
Repurchase of shares of Common Stock, shares				(26,091,136)						26,091,136
Currency translation adjustments									(408,017)	$ (408,017)
Net loss								(19,738,913)		(19,738,913)
Ending balance at Sep. 30, 2022	$ 310		$ 322	$ 26,283	$ 81,913,495	$ 12,146	$ (626,187)	$ (77,625,249)	$ (473,126)	$ 3,227,994
Ending balance, shares at Sep. 30, 2022	3,100,000		3,220,000	262,832,833

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Changes in Stockholders' Equity (Unaudited) (Parenthetical)	6 Months Ended
	Sep. 30, 2022 shares
Statement of Stockholders' Equity [Abstract]
Repurchase of shares of Common Stock	26,091,136

ORGANIZATION AND BUSINESS

ORGANIZATION AND BUSINESS	6 Months Ended
	Sep. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
ORGANIZATION AND BUSINESS	NOTE 1 – ORGANIZATION AND BUSINESS Description of Operations Sharing Services Global Corporation and subsidiaries (“Sharing Services” or the “Company”) aim to build shareholder value by developing or acquiring businesses, products and technologies in the direct selling industry and other industries that augment the Company’s product and services portfolio, business competencies, and geographic reach. The Company was incorporated in the State of Nevada in April 2015. Health and Wellness Products TM Subscription-Based Travel Services Company-Owned and Franchised Cafes TM Targeted Ownership Interests

SIGNIFICANT ACCOUNTING POLICIES

SIGNIFICANT ACCOUNTING POLICIES	6 Months Ended
	Sep. 30, 2022
Accounting Policies [Abstract]
SIGNIFICANT ACCOUNTING POLICIES	NOTE 2 – SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation The unaudited condensed consolidated interim financial statements included herein have been prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) and pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”). Certain note disclosures normally included in annual financial statements prepared in accordance with GAAP have been condensed or omitted as permitted pursuant to the rules and regulations of the SEC, although we believe that the disclosures made are adequate to make the information not misleading. These condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and notes thereto included in the Company’s Annual Report on Form 10-K for the fiscal year ended March 31, 2022. Unless so stated, the disclosures in the accompanying condensed consolidated financial statements do not repeal the disclosures in our consolidated financial statements for year ended March 31, 2022. The accompanying unaudited condensed consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries. All significant intercompany accounts and transactions have been eliminated in consolidation. Use of Estimates and Assumptions The preparation of financial statements in accordance with GAAP requires the use of judgment and requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses, and disclosures about contingent assets and liabilities, if any. Matters that require the use of estimates and assumptions include: the recoverability of notes and accounts receivable, the valuation of inventory, the useful lives of fixed assets, the assessment of long-lived assets for impairment, the nature and timing of satisfaction of performance obligations resulting from contracts with customers, allocation of the transaction price to multiple performance obligations in a sales transaction, the measurement and recognition of right-of-use assets and related lease liabilities, the valuation of stock-based compensation awards, the measurement and recognition of uncertain tax positions, and the valuation of loss contingencies, if any. Actual results may differ from these estimates in amounts that may be material to our consolidated financial statements. We believe that the estimates and assumptions used in the preparation of our consolidated financial statements are reasonable. Cash and Cash Equivalents The Company considers all highly liquid investments with original maturities of three months or less to be cash equivalents. Cash and cash equivalents include recent customer remittances deposited with our merchant processors at the balance sheet date, which generally settle within 24 to 72 hours. As of September 30, 2022, and March 31, 2022, cash and cash equivalents included cash held by our merchant processors of approximately $ 1.1 3.3 1.1 3.0 1.3 1.4 Notes Receivable On August 29, 2022, the Company and 1044Pro LLC (“1044”) entered in an agreement to modify the Revolving Promissory Note dated January 22, 2022. In accordance with the amendment, the Company agreed to lend $ 125,000 20 At September 30, 2022 and March 31, 2022, notes receivable were $ 951,262 601,520 709,320 601,520 Investment in Marketable Securities The Company has invested in a marketable security that can easily be bought, sold, or traded on public exchanges. The investment is carried at fair market. Unrealized gains and losses have been recorded to operating income. At September 30, 2022, the investment was valued at approximately $ 6.5 Inventory Inventory consists of finished goods and promotional materials and are stated at the lower of cost, determined using the first-in, first-out (“FIFO”) method, or net realizable value. The Company periodically assesses its inventory levels when compared to current and anticipated sales levels. As of September 30, 2022, and March 31, 2022, the allowance for obsolete inventory was $ 433,714 108,055 Other Assets Other assets include a multi-user license and code of a back-office platform that was acquired for $ 1,000,000 Capitalization on Internal-Use Software Costs Note Payable In May 2020, the Company was granted a loan (the “PPP Loan”) by a commercial bank in the amount of $ 1.0 1.0 1.0 On June 15, 2022, Linden Real Estate Holdings, LLC, a wholly owned subsidiary of the Company, American Pacific Bancorp, Inc. (“APB”), and the Company entered into a Loan Agreement pursuant to which APB loaned the Company approximately $ 5.7 8 5,522,829 43,897 131,691 On August 11, 2022, the Company executed a revolving credit promissory note with APB (“the APB Revolving Note”) pursuant to which the Company has access to advances with a maximum principal balance not to exceed the principal sum of $ 10 600,000 8 6.0 60,667 Foreign Currency Translation As part of our strategic growth plan initiatives, we have expanded our operations outside the United States. The functional currency of each of our foreign operations is generally the respective local currency. Balance sheet accounts are translated into U.S. dollars (our reporting currency) at the rates of exchange in effect at the balance sheet date, while the results of operations and cash flows are generally translated using average exchange rates for the periods presented. Individual material transactions, if any, are translated using the actual rate of exchange on the transaction date. The resulting translation adjustments are reported in accumulated other comprehensive loss in our condensed consolidated balance sheets. SCHEDULE OF FOREIGN EXCHANGE CURRENCY TRANSLATION South Korean Exchange rate as of September 30, 2022 1,435.44 South Korean Won per USD Three Months ended Six Months Ended Average exchange rate as of September 30, 2022 1,340.47 1,300.50 Comprehensive Loss For the three and six months ended September 30, 2022, and 2021, the Company’s comprehensive loss was comprised of currency translation adjustments and net loss. Revenue Recognition As of September 30, 2022, and March 31, 2022, deferred sales associated with product invoiced but not received by customers was $ 159,021 344,071 73,748 70,968 61,824 63,890 94,097 68,287 During the three and six months ended September 30, 2022, no individual customer, or affiliated group of customers, represented 10% or more of the Company’s consolidated net sales, and approximately 62 39 23 38 During the three and six months ended September 30, 2021, no individual customer, or affiliated group of customers, represented 10% or more of the Company’s consolidated net sales, and approximately 68 34 34 32 During the six months ended September 30, 2022, approximately 63 38 25 37 During the six months ended September 30, 2021, approximately 69 32 37 31 During the six months ended September 30, 2022, and September 30, 2021, approximately 93 84 During the three months ended September 30, 2022, substantially all of the Company’s consolidated net sales were from health and wellness products (including approximately 7 20 9 64 22 16 During the six months ended September 30, 2022, substantially all of consolidated net sales were from health and wellness products (including approximately 70 20 10 During the six months ended September 30, 2021, approximately 99 42 28 14 15 During the three and six months ended September 30, 2022, over 93 55 45 Sales Commissions The Company recognizes sales commission expense, when incurred, in accordance with GAAP. During the three months ended September 30, 2022, and 2021, sales commission expense, which is included in selling and marketing expenses in our consolidated statements of operations and comprehensive loss, was $ 1.5 4.9 3.9 9.9 Recently Issued Accounting Standards - Recently Adopted In December 2019, the FASB issued ASU No. 2019-12, Income Taxes (Topic 740) – Simplifying the Accounting for Income Taxes Recently Issued Accounting Standards - Pending Adoption In August 2020, the FASB issued ASU No. 2020-06, Debt – Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging – Contracts in Entity’s Own Equity

LOSS PER SHARE

LOSS PER SHARE	6 Months Ended
	Sep. 30, 2022
Loss per share:
LOSS PER SHARE	NOTE 3 – LOSS PER SHARE We calculate basic loss per share by dividing net loss available to common shareholders by the weighted average number of common shares outstanding during the reporting period. Diluted loss per share is calculated similarly but reflects the potential impact of shares issuable upon the conversion or exercise of outstanding convertible preferred stock, convertible notes payable, stock warrants and other commitments to issue common stock, except where the impact would be anti-dilutive. The calculation of diluted loss per share also reflects an adjustment to net loss for the potential reduction to a reporting period’s interest expense, net of applicable income tax, which would result if the Company’s convertible notes payable were converted at the beginning of such reporting period. The following table sets forth the computations of basic and diluted loss per share: SCHEDULE OF COMPUTATIONS OF BASIC AND DILUTED LOSS PER SHARE Three Months Ended Six Months Ended September 30, September 30, September 30, September 30, Net loss, as reported $ (18,385,903 ) $ (2,714,765 ) $(19,738,913 ) $ (6,262,772 After tax interest adjustment - - - - Net loss, if-converted basis $ (18,385,903 ) $ (2,714,765 ) $ (19,738,913 ) $ (6,262,772 ) Weighted average basic shares 262,832,833 187,567,291 270,531,857 186,009,840 Dilutive securities and instruments: Convertible preferred stock - - - - Convertible notes - - - - Stock options and warrants - - - - Weighted average diluted shares 262,832,833 187,567,291 270,531,857 186,009,840 Loss per share: Basic $ (0.07 ) $ (0.01 ) $ (0.07 ) $ (0.03 ) Diluted $ (0.07 ) $ (0.01 ) $ (0.07 ) $ (0.03 ) The following potentially dilutive securities and instruments were outstanding as of September 30, 2022, and September 30, 2021, but excluded from the table above: SCHEDULE OF POTENTIALLY DILUTIVE INSTRUMENTS OUTSTANDING September 30, September 30, Convertible preferred stock 6,320,000 8,289,781 Convertible notes payable 246,123,029 156,381,169 Stock warrants 23,246,817 128,743,903 Total potential incremental shares 275,689,846 293,414,853 The preceding table does not include 3,750,000 for both stock warrants held by employees which are not vested (or exercisable) at September 30, 2022 and 4,250,000

INVENTORY, NET

INVENTORY, NET	6 Months Ended
	Sep. 30, 2022
Inventory Disclosure [Abstract]
INVENTORY, NET	NOTE 4 – INVENTORY, NET Inventory consists primarily of finished goods. The Company provides an allowance for any slow-moving or obsolete inventory. As of September 30, 2022, and March 31, 2022, inventory consists of the following: SCHEDULE OF INVENTORY September 30, 2022 March 31, Finished Goods $ 3,957,950 $ 4,482,291 Allowance for inventory obsolescence (433,714 ) (108,055 ) Inventory, net $ 3,524,236 $ 4,374,236 The Company allowance for inventory obsolescence for the six months ended September 30, 2022, and September 30, 2021, was $ 433,714 284,780 On July 5, 2022, the Company entered into an asset purchase agreement with Hulsa LLC. The Company purchased assets, inclusive of inventory and intangible assets. The Company paid $ 400,000 177,000

OTHER CURRENT ASSETS, NET

OTHER CURRENT ASSETS, NET	6 Months Ended
	Sep. 30, 2022
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
OTHER CURRENT ASSETS, NET	NOTE 5 – OTHER CURRENT ASSETS, NET Other current assets consist of the following: SCHEDULE OF OTHER CURRENT ASSETS September 30, March 31, Prepaid consulting fees, related party $ 1,139,999 $ 2,867,123 Inventory-related deposits 253,884 384,477 Prepaid insurance and other operational expenses 287,553 201,275 Deposits for sales events - 222,540 Right to recover asset 13,946 15,632 Subtotal 1,695,382 3,691,047 Less: allowance for losses (175,641 ) (179,765 ) Other current assets $ 1,519,741 $ 3,511,282 Prepaid consulting fees represent the fair value on the grant date of stock warrants issued to DSS in January 2022 for consulting services to be rendered over a year from the issue date (see Note 12 – Related Party Transactions). Prepaid insurance and other operational expenses primarily consist of payments for goods and services (such as freight, trade show expenses and insurance premiums) which are expected to be realized in the next operating cycle. Right to recover asset is associated with our customers’ right of return and is expected to be realized in one year or less. As of both September 30, 2022, and March 31, 2022, the provision for losses in connection with certain inventory-related deposits for which recoverability is less than certain was $ 175,641 179,765

INVESTMENT IN UNCONSOLIDATED EN

INVESTMENT IN UNCONSOLIDATED ENTITIES, NET	6 Months Ended
	Sep. 30, 2022
Investments, All Other Investments [Abstract]
INVESTMENT IN UNCONSOLIDATED ENTITIES, NET	NOTE 6 – INVESTMENT IN UNCONSOLIDATED ENTITIES, NET In September 2021, the Company, Stemtech Corporation (“Stemtech”) and Globe Net Wireless Corp. (“GNTW”) entered into a Securities Purchase Agreement (the “SPA”) pursuant to which the Company invested $ 1.4 1.4 500,000 September 9, 2024 10 September 13, 2024 1.4 154,173 The Company carries its investment in the Convertible Note, the GNTW Warrant and the shares of GNTW common stock at fair value in accordance with GAAP. During the three and six months ended September 30, 2022, the Company recognized losses, before income tax, of $ 8.6 3.7 In September 2021, the Company entered into a Membership Unit Purchase Agreement pursuant to which the Company acquired a 30.75 1,537,000 On a quarterly basis, the Company evaluates the recoverability of its investments and reviews current economic trends to determine the adequacy of its allowance for impairment losses based on each investee financial performance data and other relevant information. An estimate for impairment losses is recognized when recovery in full of the Company’s investment is no longer probable. Investment balances are written off against the allowance after the potential for recovery is considered remote. Investment in unconsolidated entities and securities consists of the following: SUMMARY OF INVESTMENT IN UNCONSOLIDATED ENTITIES September 30, 2022 March 31, Investment in detachable GNTW stock warrant $ 966,000 $ 3,570,000 Investment in GNTW common stock 106,379 393,141 Investment in Stemtech convertible note 297,863 1,100,799 Investment in MojiLife, LLC 1,537,000 1,537,000 Subtotal 2,907,242 6,600,940 Less, allowance for impairment losses (1,537,000 ) (1,537,000 Investments $ 1,370,242 $ 5,063,940 The following table reflects the activity in the allowance for impairment losses for the periods presented: SCHEDULE OF ALLOWANCE FOR IMPAIRMENT LOSSES September 30, March 31, Balance at beginning of period $ 1,537,000 $ - Provision for estimated impairment losses - 1,537,000 Balance at end of period $ 1,537,000 $ 1,537,000

PROPERTY AND EQUIPMENT, NET

PROPERTY AND EQUIPMENT, NET	6 Months Ended
	Sep. 30, 2022
Property, Plant and Equipment [Abstract]
PROPERTY AND EQUIPMENT, NET	NOTE 7 – PROPERTY AND EQUIPMENT, NET Property and equipment consist of the following: SUMMARY OF PROPERTY AND EQUIPMENT September 30, March 31, Building and building improvements $ 8,976,878 $ 8,976,878 Computer software 1,020,396 875,925 Furniture and fixtures 237,046 237,045 Computer equipment 223,424 223,424 Leasehold improvements and other 351,878 263,208 Total property and equipment 10,809,622 10,576,480 Impairment of property and equipment - (100,165 Accumulated depreciation and amortization (1,255,045 ) (891,174 ) Property and equipment, net $ 9,554,577 $ 9,585,141

OTHER ASSETS

OTHER ASSETS	6 Months Ended
	Sep. 30, 2022
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
OTHER ASSETS	NOTE 8 - OTHER ASSETS In July 2022, the Company acquired a multi-user license of a back-office platform for $ 1,000,000

ACCRUED AND OTHER CURRENT LIABI

ACCRUED AND OTHER CURRENT LIABILITIES	6 Months Ended
	Sep. 30, 2022
Payables and Accruals [Abstract]
ACCRUED AND OTHER CURRENT LIABILITIES	NOTE 9 – ACCRUED AND OTHER CURRENT LIABILITIES Accrued and other current liabilities consist of the following: SUMMARY OF ACCRUED AND OTHER CURRENT LIABILITIES September 30, March 31, Deferred sales $ 388,691 $ 547,217 Liability associated with uncertain tax positions 925,794 921,987 Payroll and employee benefits 427,473 478,360 Settlement liability, current portion - 341,919 Lease liability, current portion 70,789 134,578 Due to related parties 699 125,532 Other operational accruals 1,550,862 530,189 Accrued and other current liabilities $ 3,364,308 $ 3,079,782 Lease liability, current portion, represent obligations due within one year under operating leases for office space, automobiles, and office equipment. See Note14 - LEASES 902,862 648,000

CONVERTIBLE NOTES PAYABLE, RELA

CONVERTIBLE NOTES PAYABLE, RELATED PARTIES	6 Months Ended
	Sep. 30, 2022
Debt Disclosure [Abstract]
CONVERTIBLE NOTES PAYABLE, RELATED PARTIES	NOTE 10 - CONVERTIBLE NOTES PAYABLE, RELATED PARTIES Convertible notes payable consists of the following: SCHEDULE OF CONVERTIBLE NOTES PAYABLE Issuance Date Maturity Date Interest Rate Conversion September 30, March 31, April 2021 April 2024 8 % $ 0.20 $ - $ 30,000,000 October 2017 October 2022 12 % $ 0.15 - 50,000 September 2022 September 2024 8 % $ 0.03 27,000,000 - Total convertible notes payable 27,000,000 30,050,000 Less: unamortized debt discount and deferred financing costs 17,396,771 20,151,230 9,603,229 9,898,770 Less: current portion of convertible notes payable 9,603,229 9,898,770 Long-term convertible notes payable $ - $ - The Company’s convertible notes are convertible, at the option of the holder, into shares of the Company’s Common Stock at the conversion prices shown above. In October 2017, the Company issued a Convertible Promissory Note in the principal amount of $ 50,000 333,333 333,333 0.15 78,636 On April 5, 2021, the Company and Decentralized Sharing Systems, Inc. (“DSSI”) entered into a Securities Purchase Agreement, pursuant to which the Company issued: (a) a Convertible Promissory Note in the principal amount of $ 30.0 150,000,000 0.22 30.0 3.0 0.20 8 April 5, 2024 0.20 0.20 In connection with the issuance of the Note and the detachable Warrant, the Company allocated $ 15.0 12.0 3.0 27,000,000 15,000,000 12,000,000 1,080,000 On June 15, 2022, the Company and DSSI which, together with DSS, is a majority shareholder of the Company, entered into an agreement pursuant to which the Company issued, to DSSI: (a) a two-year Convertible, Advancing Promissory Note in the principal amount of $ 27.0 818,181,819 0.033 8 818,181,819 270,000 30.0 150,000,000 0.22 30.0 . During the three months ended September 30, 2022, and September 30, 2021, interest expense in connection with the Company’s convertible notes was $ 558,000 606,444 2.6 2.3 648,000 1.7 3.1 4.4

INCOME TAXES

INCOME TAXES	6 Months Ended
	Sep. 30, 2022
Income Tax Disclosure [Abstract]
INCOME TAXES	NOTE 11 – INCOME TAXES The statutory rates for our domestic and our material foreign operations are as follows for the periods shown: SCHEDULE OF STATUTORY RATES FOR OUR DOMESTIC AND FOREIGN OPERATION Country 2022 2021 United States 21 % 21 % Republic of Korea 21 % 22 % Effective Income Tax Rate 21 % 22 % Our consolidated effective income tax rate reconciliation is as follows: SCHEDULE OF INCOME TAX RATE RECONCILIATION RATE Six Months Ended 2022 2021 Federal statutory rate 21.0 % 21.0 % State and local income taxes (0.2 ) (0.7 ) Valuation allowance for NOL carry-forwards (15.6 ) (51.1 ) Stock warrant transactions and other items (0.2 ) 4.1 Effective income tax rate 5.2 % (26.7 )% Income taxes applicable to our foreign operations are not material in the periods presented.

STOCKHOLDERS_ EQUITY

STOCKHOLDERS’ EQUITY	6 Months Ended
	Sep. 30, 2022
Equity [Abstract]
STOCKHOLDERS’ EQUITY	NOTE 12 - STOCKHOLDERS’ EQUITY Common Stock During the six months ended September 30, 2022, the Company issued to DSSI: (a) a two-year Convertible, Advancing Promissory Note in the principal amount of $ 27.0 818,181,819 0.033 In May 2022, the Company and certain of its subsidiaries, on the one hand, and Alchemist, the former officer and certain entities affiliated with the former officer, on the other hand, entered into a Confidential Settlement Agreement with Mutual Releases (the “May 2022 Settlement Agreement”) pursuant to which the parties amicably settled all claims and disputes among them; (b) the former officer sold to the Company 26,091,136 1,043,645 0.25 626,187 324,230 At the Annual Meeting, the Company’s Shareholders ratified the Third Amended and Restated Articles of Incorporation of the Company and approved the maximum number of shares which the Corporation shall have the authority to issue of Two Billion Two Hundred Million ( 2,200,000,000 0.0001 2,000,000,000 0.0001 200,000,000 0.0001 The Company’s Board of Directors has designated 10,000,000 0.0001 s of September 30, 2022, and March 31, 2022, 262,832,833 288,923,969 A 262,832,833 288,923,969 26,091,136 no

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	6 Months Ended
	Sep. 30, 2022
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	NOTE 13 - RELATED PARTY TRANSACTIONS Decentralized Sharing Systems, Inc. In July 2020, the Company and Heng Fai Ambrose Chan, a Director of the Company, entered into a Stock Purchase and Share Subscription Agreement (the “SPA Agreement”) pursuant to which Mr. Chan invested $ 3.0 30.0 10.0 0.20 30.0 In April 2021, the Company and DSSI entered into a Securities Purchase Agreement, pursuant to which DSSI granted a $ 30.0 30.0 150,000,000 0.22 0.20 3.0 0.20 27.0 15.0 12.0 In December 2021, the Company and DSSI entered into a Stock Purchase and Share Subscription Agreement pursuant to which DSSI invested $ 3,000,000 50.0 50.0 5 0.063 0.075 2.3 In January 2022, the Company and DSS who, together with its subsidiaries, is currently a majority shareholder of the Company, entered into a one-year Business Consulting Agreement (the “Consulting Agreement”) pursuant to which DSS will provide to the Company certain consulting services, as defined in the Consulting Agreement. The Consulting Agreement may be terminated by either party on a 60-day’s written notice. In connection with the Consulting Agreement, the Company agreed to pay DSS a flat monthly fee of sixty thousand dollars ($ 60,000 50.0 0.0001 0.07 3.5 1.1 2.1 50.0 On June 15, 2022, the Company and Decentralized Sharing Systems, Inc. (“DSSI”) entered into a Securities Purchase Agreement (the “SPA”), pursuant to which the Company issued: (a) a Convertible Promissory Note in the principal amount of $ 27.0 818,181,819 0.033 27.0 8 818,181,819 In connection with the loan, the Company agreed to pay to DSSI a loan Origination Fee of $ 270,000 30.0 150,000,000 0.22 30.0 As of September 30, 2022, DSS and its affiliates owned, in the aggregate, 191.9 878.2 818.2 HWH International, Inc. In October 2017, Sharing Services issued a Convertible Promissory Note in the principal amount of $ 50,000 333,333 333,333 0.15 78,636 333,333 HWH World, Inc. A subsidiary of the Company operating in the Republic of Korea subleases office space from HWH World, Inc. (“HWH World”), a subsidiary of DSS and a company affiliated with Heng Fai Ambrose Chan, a Director of the Company. Pursuant to the terms of the sublease agreement, the Company recognized a right-of-use asset and an operating lease liability of $ 261,835 222,092 213,742 2,808 In September 2021, the Company and HWH World entered into an Advisory Agreement pursuant to which the Company provides strategic advisory services to HWH World in connection with its North America expansion plans in exchange for a monthly fee of $ 10,000 76,700 Impact Biomedical, Inc. In the fiscal year ended March 31, 2022, a wholly owned subsidiary of the Company purchased health and wellness products from Impact Biomedical, Inc., a subsidiary of DSS, in the aggregate amount of $ 111,414 19,247 36,808 K Beauty Research Lab. Co., Ltd In the fiscal year ended March 31, 2022, a wholly owned subsidiary of the Company purchased skin care products manufactured by K Beauty Research Lab. Co., Ltd (“K Beauty”), a South Korean-based supplier of skin care products that is affiliated with Heng Fai Ambrose Chan, a Director of the Company, in the aggregate amount of $ 2.3 million. The Company’s affiliates operating in Asia intend to distribute skin care and other products in South Korea and other countries, including skin care products procured from K Beauty, as part of the Company’s previously announced strategic growth plans. During the three and six months ended September 30, 2022, the Company purchased skin care products manufactured by K Beauty Research Lab and other items in the amount of $ 929 and $ 1,572 . Premier Packaging Corporation Premier Packaging Corporation is a wholly owned subsidiary of the Company. Purchase orders to Premier Packaging Corporation, a subsidiary of DSS, to acquire printed packaging materials in the aggregate amount was $ 28,090 and $ 151,509 for the six months ended September 30, 2022, and 2021, respectively Alchemist Holdings, LLC In February 2020, the Company, Alchemist Holdings, LLC (“Alchemist”), and a former Company officer entered into a Settlement Accommodation Agreement (the “Accommodation Agreement”) pursuant to which Alchemist and the former Company officer agreed to transfer to the Company 22.7 15.6 38.3 In May 2022, the Company and certain of its subsidiaries, on the one hand, and Alchemist, the former officer and certain entities affiliated with the former officer, on the other hand, entered into a Confidential Settlement Agreement with Mutual Releases (the “May 2022 Settlement Agreement”) pursuant to which the parties amicably settled all claims and disputes among them; (b) the former officer sold to the Company 26,091,136 1,043,645 0.25 626,187 324,230 The Company subleases warehouse and office space from Alchemist, until May 2022, a 10 25,081 50,179 American Premium Water Corporation In July 2021, the Company, and American Premium Water Corporation (“American Premium”) entered into a business consulting agreement pursuant to which the Company provides consulting services to American Premium in exchange for a monthly fee of $ 4,166 12,498 24,996 Alset Title Company, Inc. In December 2021, Sharing Services, through one of its subsidiaries, purchased an office building in Lindon, Utah for $ 8,942,640 Hapi Café, Inc. In November 2021, Sharing Services and Hapi Café, Inc., a company affiliated with Heng Fai Ambrose Chan, a Director of the Company, entered into a Master Franchise Agreement pursuant to which Sharing Services acquired the exclusive franchise rights in North America to the brand “Hapi Café.” Under the terms, Sharing Services, directly or through its subsidiaries, has the right to operate no less than five (5) corporate-owned stores and can offer to the public sub-franchise rights to own and operate other stores, subject to the terms and conditions contained in the Master Franchise Agreement. American Pacific Bancorp On June 15, 2022, Sharing Services, through one of its subsidiaries, entered into a secured real estate promissory note with American Pacific Bancorp, Inc. (“APB”), and the Company entered into a Loan Agreement pursuant to which APB loaned the Company approximately $ 5.7 8 43,897 5,522,829 On August 11, 2022, the Company executed a revolving credit promissory note with APB (“the APB Revolving Note”) pursuant to which the Company has access to advances with a maximum principal balance not to exceed the principal sum of $ 10 8 6.0 60,667

STOCK-BASED COMPENSATION

STOCK-BASED COMPENSATION	6 Months Ended
	Sep. 30, 2022
Share-Based Payment Arrangement [Abstract]
STOCK-BASED COMPENSATION	NOTE 14 – STOCK-BASED COMPENSATION Stock Warrants Stock Warrants Issued to Directors, Officers and Employees In July 2020, the Company and Heng Fai Ambrose Chan, a Director of the Company, entered into a Stock Purchase and Share Subscription Agreement (the “SPA Agreement”) pursuant to which Mr. Chan invested $ 3.0 30.0 10.0 0.20 In October 2017, the Company issued a convertible note in the principal amount of $ 50,000 333,333 0.15 333,333 78,636 333,333 During fiscal year 2020, subsidiaries of the Company entered multi-year employment agreements with its key employees. In general, each employment contract contained a fully vested initial grant of warrants exercisable at a fixed exercise price and, provided for subsequent grants that were exercisable at a discounted price based on the 10-day average stock price determined at the time of exercise. The subsequent grants would vest at each anniversary date of the employment agreement effective date. The Company begins recognizing the compensatory nature of the warrants at the service inception date and ceases recognition at the vesting date. Due to the variable nature of the exercise price for some grants, the Company will continue to recognize expense (or benefit) after the end of the service period until the warrants are exercised or expire. As such, the Company disclosures below are based on either (i) the fixed exercise price of the warrant; or (ii) the variable exercise price of the warrant as determined on the last day of the period. During the three months ended September 30, 2022, and 2021, the Company recognized a compensatory gain of $ 167,855 1,134,170

LEASES

LEASES	6 Months Ended
	Sep. 30, 2022
Leases
LEASES	NOTE 15 – LEASES The Company leases space for its offices and warehouse space, under lease agreements classified as “operating leases’” as defined in ASC Topic 842. The Company leases space for its corporate headquarters, warehouse space, automobiles, and office and other equipment, under lease agreements classified as operating leases. The Company has remaining lease terms of approximately 1 10 10 12 The following information pertains to the Company’s leases as of the balance sheet dates indicated: SCHEDULE OF OPERATING LEASE ASSETS AND LIABILITIES Assets Classification September 30, March 31, Operating leases Right-of-use assets, net $ 473,993 $ 593,389 Total lease assets $ 473,993 $ 593,389 Liabilities Operating leases Accrued and other current liabilities $ 70,789 $ 134,578 Operating leases Lease liability, long-term 413,587 461,515 Total lease liabilities $ 484,376 $ 596,093 The following information pertains to the Company’s leases for the periods indicated: SCHEDULE OF OPERATING LEASE COSTS Three Months Ended Lease cost Classification 2022 2021 Operating lease cost General and administrative expenses $ 21,831 $ 305,680 Operating lease cost Depreciation and amortization - - Operating lease cost Interest expense, net - - Total lease cost $ 21,831 $ 305,680 Six Months Ended Lease cost Classification 2022 2021 Operating lease cost General and administrative expenses $ 45,009 $ 465,500 Operating lease cost Depreciation and amortization - - Operating lease cost Interest expense, net - - Total lease cost $ 45,009 $ 465,500 The Company’s lease liabilities are payable as follows: SCHEDULE OF OPERATING LEASE LIABILITY PAYABLE Twelve months ending September 30, Amount 2023 $ 72,962 2024 99,367 2025 102,147 2026 104,926 2027 107,706 Thereafter 252,241 Total remaining payments 739,349 Less imputed interest 254,973 Total lease liability $ 484,376

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	6 Months Ended
	Sep. 30, 2022
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	NOTE 16 – COMMITMENTS AND CONTINGENCIES Legal Matters in General The Company has incurred several claims in the normal course of business. The Company believes such claims can be resolved without any material adverse effect on our consolidated financial position, results of operations, or cash flows. The Company maintains certain liability insurance. However, certain costs of defending lawsuits are not covered by or only partially covered by its insurance policies, including claims that are below insurance deductibles. Additionally, insurance carriers could refuse to cover certain claims, in whole or in part. The Company accrues costs to defend itself from litigation as they are incurred. The outcome of litigation is uncertain, and despite management’s view of the merits of any litigation, or the reasonableness of the Company’s estimates and reserves, the Company’s financial statements could nonetheless be materially affected by an adverse judgment. The Company believes it has adequately reserved for the contingencies arising from current legal matters where an outcome was deemed to be probable, and the loss amount could be reasonably estimated. No provision for legal matters was deemed necessary at September 30, 2022. Legal Proceedings The Company from time to time is involved in various claims and lawsuits incidental to the conduct of its business in the ordinary course. We do not believe that the ultimate resolution of these matters will have a material adverse impact on our consolidated financial position, results of operations or cash flows. (a) Case No. 4:20-cv-00946; Dennis Burback, Ken Eddy and Mark Andersen v. Robert Oblon, Jordan Brock, Jeff Bollinger, Four Oceans Global, LLC, Four Oceans Holdings, Inc., Alchemist Holdings, LLC, Elepreneurs U.S., LLC, Elevacity U.S., LLC, Sharing Services Global Corporation, Custom Travel Holdings, Inc., and Does 1-5, (b) Case No. 4:21-cv-00026; Elepreneurs Holdings, LLC d/b/a Elepreneur, LLC, Elepreneurs U.S., LLC d/b/a Elepreneurs, LLC, and SHRG IP Holdings, LLC v. Lori Ann Benson, Andrea Althaus and Lindsey Buboltz, th (c) Case No. 429-01137-2022; Elevacity U.S., LLC d/b/a The Happy Co. and Elepreneurs U.S., LLC d/b/a Elepreneurs, LLC v. Mark Willodson, Judy Willodson and Valentus, Inc., th (d) Case No. 4:22-cv-00042; Elevacity U.S., LLC d/b/a The Happy Co. and Elepreneurs U.S., LLC d/b/a Elepreneurs, LLC v. Brian Christopher Schweda, Jr., (e) Case No. 9:22-cv-00146; Travel Gig, LLC and Happitravel, LLC . Sharing Services Global Corporation, SHRG IP Holdings, LLC; Global Travel Destinations, LLC. (f) Case No. 4:22-cv-00047; Elevacity U.S., LLC d/b/a The Happy Co. and Elepreneurs U.S., LLC d/b/a Elepreneurs, LLC v. Kimberley McLean,

FAIR VALUE MEASUREMENTS OF FINA

FAIR VALUE MEASUREMENTS OF FINANCIAL INSTRUMENTS	6 Months Ended
	Sep. 30, 2022
Fair Value Disclosures [Abstract]
FAIR VALUE MEASUREMENTS OF FINANCIAL INSTRUMENTS	NOTE 17 - FAIR VALUE MEASUREMENTS OF FINANCIAL INSTRUMENTS Our financial instruments consist of cash equivalents, if any, accounts receivable, notes receivable, investments in unconsolidated entities, accounts payable and convertible notes payable. The carrying amounts of cash equivalents, if any, trade accounts receivable and accounts payable approximate their respective fair values due to the short-term nature of these financial instruments. Consistent with the valuation hierarchy contained in ASC Topic 820, we categorized certain of our financial assets and liabilities as follows: SCHEDULE OF VALUATION HIERARCHY FINANCIAL ASSETS AND LIABILITIES September 30, 2022 Total Level 1 Level 2 Level 3 Assets Investment in unconsolidated entities, net $ 1,370,242 $ - - 1,370,242 Investment in marketable securities 6,506,547 6,506,547 - - Total assets $ 7,876,789 $ 6,506,547 $ - $ 1,370,242 Liabilities Convertible notes payable $ 17,918,182 $ - $ 17,918,182 $ - Total liabilities $ 17,918,182 $ - $ 17,918,182 $ - March 31, 2022 Total Level 1 Level 2 Level 3 Assets Investment in unconsolidated entities, net $ 5,063,940 $ - $ - $ 5,063,940 Total assets $ 5,063,940 $ - $ - $ 5,063,940 Liabilities Convertible notes payable $ 5,840,000 $ - $ 5,790,000 $ 50,000 Total liabilities $ 5,840,000 $ - $ 5,790,000 $ 50,000

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	6 Months Ended
	Sep. 30, 2022
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 18 - SUBSEQUENT EVENTS In preparing these unaudited condensed consolidated financial statements, the Company has evaluated events and transactions subsequent to the balance sheet date of September 30, 2022, for potential recognition or disclosure through the date of this report. No other events require adjustment to or disclosure in the Company’s unaudited condensed consolidated financial statements.

SIGNIFICANT ACCOUNTING POLICI_2

SIGNIFICANT ACCOUNTING POLICIES (Policies)	6 Months Ended
	Sep. 30, 2022
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The unaudited condensed consolidated interim financial statements included herein have been prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) and pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”). Certain note disclosures normally included in annual financial statements prepared in accordance with GAAP have been condensed or omitted as permitted pursuant to the rules and regulations of the SEC, although we believe that the disclosures made are adequate to make the information not misleading. These condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and notes thereto included in the Company’s Annual Report on Form 10-K for the fiscal year ended March 31, 2022. Unless so stated, the disclosures in the accompanying condensed consolidated financial statements do not repeal the disclosures in our consolidated financial statements for year ended March 31, 2022. The accompanying unaudited condensed consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries. All significant intercompany accounts and transactions have been eliminated in consolidation.
Use of Estimates and Assumptions	Use of Estimates and Assumptions The preparation of financial statements in accordance with GAAP requires the use of judgment and requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses, and disclosures about contingent assets and liabilities, if any. Matters that require the use of estimates and assumptions include: the recoverability of notes and accounts receivable, the valuation of inventory, the useful lives of fixed assets, the assessment of long-lived assets for impairment, the nature and timing of satisfaction of performance obligations resulting from contracts with customers, allocation of the transaction price to multiple performance obligations in a sales transaction, the measurement and recognition of right-of-use assets and related lease liabilities, the valuation of stock-based compensation awards, the measurement and recognition of uncertain tax positions, and the valuation of loss contingencies, if any. Actual results may differ from these estimates in amounts that may be material to our consolidated financial statements. We believe that the estimates and assumptions used in the preparation of our consolidated financial statements are reasonable.
Cash and Cash Equivalents	Cash and Cash Equivalents The Company considers all highly liquid investments with original maturities of three months or less to be cash equivalents. Cash and cash equivalents include recent customer remittances deposited with our merchant processors at the balance sheet date, which generally settle within 24 to 72 hours. As of September 30, 2022, and March 31, 2022, cash and cash equivalents included cash held by our merchant processors of approximately $ 1.1 3.3 1.1 3.0 1.3 1.4
Notes Receivable	Notes Receivable On August 29, 2022, the Company and 1044Pro LLC (“1044”) entered in an agreement to modify the Revolving Promissory Note dated January 22, 2022. In accordance with the amendment, the Company agreed to lend $ 125,000 20 At September 30, 2022 and March 31, 2022, notes receivable were $ 951,262 601,520 709,320 601,520
Investment in Marketable Securities	Investment in Marketable Securities The Company has invested in a marketable security that can easily be bought, sold, or traded on public exchanges. The investment is carried at fair market. Unrealized gains and losses have been recorded to operating income. At September 30, 2022, the investment was valued at approximately $ 6.5
Inventory	Inventory Inventory consists of finished goods and promotional materials and are stated at the lower of cost, determined using the first-in, first-out (“FIFO”) method, or net realizable value. The Company periodically assesses its inventory levels when compared to current and anticipated sales levels. As of September 30, 2022, and March 31, 2022, the allowance for obsolete inventory was $ 433,714 108,055
Other Assets	Other Assets Other assets include a multi-user license and code of a back-office platform that was acquired for $ 1,000,000 Capitalization on Internal-Use Software Costs
Note Payable	Note Payable In May 2020, the Company was granted a loan (the “PPP Loan”) by a commercial bank in the amount of $ 1.0 1.0 1.0 On June 15, 2022, Linden Real Estate Holdings, LLC, a wholly owned subsidiary of the Company, American Pacific Bancorp, Inc. (“APB”), and the Company entered into a Loan Agreement pursuant to which APB loaned the Company approximately $ 5.7 8 5,522,829 43,897 131,691 On August 11, 2022, the Company executed a revolving credit promissory note with APB (“the APB Revolving Note”) pursuant to which the Company has access to advances with a maximum principal balance not to exceed the principal sum of $ 10 600,000 8 6.0 60,667
Foreign Currency Translation	Foreign Currency Translation As part of our strategic growth plan initiatives, we have expanded our operations outside the United States. The functional currency of each of our foreign operations is generally the respective local currency. Balance sheet accounts are translated into U.S. dollars (our reporting currency) at the rates of exchange in effect at the balance sheet date, while the results of operations and cash flows are generally translated using average exchange rates for the periods presented. Individual material transactions, if any, are translated using the actual rate of exchange on the transaction date. The resulting translation adjustments are reported in accumulated other comprehensive loss in our condensed consolidated balance sheets. SCHEDULE OF FOREIGN EXCHANGE CURRENCY TRANSLATION South Korean Exchange rate as of September 30, 2022 1,435.44 South Korean Won per USD Three Months ended Six Months Ended Average exchange rate as of September 30, 2022 1,340.47 1,300.50
Comprehensive Loss	Comprehensive Loss For the three and six months ended September 30, 2022, and 2021, the Company’s comprehensive loss was comprised of currency translation adjustments and net loss.
Revenue Recognition	Revenue Recognition As of September 30, 2022, and March 31, 2022, deferred sales associated with product invoiced but not received by customers was $ 159,021 344,071 73,748 70,968 61,824 63,890 94,097 68,287 During the three and six months ended September 30, 2022, no individual customer, or affiliated group of customers, represented 10% or more of the Company’s consolidated net sales, and approximately 62 39 23 38 During the three and six months ended September 30, 2021, no individual customer, or affiliated group of customers, represented 10% or more of the Company’s consolidated net sales, and approximately 68 34 34 32 During the six months ended September 30, 2022, approximately 63 38 25 37 During the six months ended September 30, 2021, approximately 69 32 37 31 During the six months ended September 30, 2022, and September 30, 2021, approximately 93 84 During the three months ended September 30, 2022, substantially all of the Company’s consolidated net sales were from health and wellness products (including approximately 7 20 9 64 22 16 During the six months ended September 30, 2022, substantially all of consolidated net sales were from health and wellness products (including approximately 70 20 10 During the six months ended September 30, 2021, approximately 99 42 28 14 15 During the three and six months ended September 30, 2022, over 93 55 45
Sales Commissions	Sales Commissions The Company recognizes sales commission expense, when incurred, in accordance with GAAP. During the three months ended September 30, 2022, and 2021, sales commission expense, which is included in selling and marketing expenses in our consolidated statements of operations and comprehensive loss, was $ 1.5 4.9 3.9 9.9
Recently Issued Accounting Standards - Recently Adopted	Recently Issued Accounting Standards - Recently Adopted In December 2019, the FASB issued ASU No. 2019-12, Income Taxes (Topic 740) – Simplifying the Accounting for Income Taxes
Recently Issued Accounting Standards - Pending Adoption	Recently Issued Accounting Standards - Pending Adoption In August 2020, the FASB issued ASU No. 2020-06, Debt – Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging – Contracts in Entity’s Own Equity

SIGNIFICANT ACCOUNTING POLICI_3

SIGNIFICANT ACCOUNTING POLICIES (Tables)	6 Months Ended
	Sep. 30, 2022
Accounting Policies [Abstract]
SCHEDULE OF FOREIGN EXCHANGE CURRENCY TRANSLATION	SCHEDULE OF FOREIGN EXCHANGE CURRENCY TRANSLATION South Korean Exchange rate as of September 30, 2022 1,435.44 South Korean Won per USD Three Months ended Six Months Ended Average exchange rate as of September 30, 2022 1,340.47 1,300.50

LOSS PER SHARE (Tables)

LOSS PER SHARE (Tables)	6 Months Ended
	Sep. 30, 2022
Loss per share:
SCHEDULE OF COMPUTATIONS OF BASIC AND DILUTED LOSS PER SHARE	The following table sets forth the computations of basic and diluted loss per share: SCHEDULE OF COMPUTATIONS OF BASIC AND DILUTED LOSS PER SHARE Three Months Ended Six Months Ended September 30, September 30, September 30, September 30, Net loss, as reported $ (18,385,903 ) $ (2,714,765 ) $(19,738,913 ) $ (6,262,772 After tax interest adjustment - - - - Net loss, if-converted basis $ (18,385,903 ) $ (2,714,765 ) $ (19,738,913 ) $ (6,262,772 ) Weighted average basic shares 262,832,833 187,567,291 270,531,857 186,009,840 Dilutive securities and instruments: Convertible preferred stock - - - - Convertible notes - - - - Stock options and warrants - - - - Weighted average diluted shares 262,832,833 187,567,291 270,531,857 186,009,840 Loss per share: Basic $ (0.07 ) $ (0.01 ) $ (0.07 ) $ (0.03 ) Diluted $ (0.07 ) $ (0.01 ) $ (0.07 ) $ (0.03 )
SCHEDULE OF POTENTIALLY DILUTIVE INSTRUMENTS OUTSTANDING	The following potentially dilutive securities and instruments were outstanding as of September 30, 2022, and September 30, 2021, but excluded from the table above: SCHEDULE OF POTENTIALLY DILUTIVE INSTRUMENTS OUTSTANDING September 30, September 30, Convertible preferred stock 6,320,000 8,289,781 Convertible notes payable 246,123,029 156,381,169 Stock warrants 23,246,817 128,743,903 Total potential incremental shares 275,689,846 293,414,853

INVENTORY, NET (Tables)

INVENTORY, NET (Tables)	6 Months Ended
	Sep. 30, 2022
Inventory Disclosure [Abstract]
SCHEDULE OF INVENTORY	SCHEDULE OF INVENTORY September 30, 2022 March 31, Finished Goods $ 3,957,950 $ 4,482,291 Allowance for inventory obsolescence (433,714 ) (108,055 ) Inventory, net $ 3,524,236 $ 4,374,236

OTHER CURRENT ASSETS, NET (Tabl

OTHER CURRENT ASSETS, NET (Tables)	6 Months Ended
	Sep. 30, 2022
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
SCHEDULE OF OTHER CURRENT ASSETS	Other current assets consist of the following: SCHEDULE OF OTHER CURRENT ASSETS September 30, March 31, Prepaid consulting fees, related party $ 1,139,999 $ 2,867,123 Inventory-related deposits 253,884 384,477 Prepaid insurance and other operational expenses 287,553 201,275 Deposits for sales events - 222,540 Right to recover asset 13,946 15,632 Subtotal 1,695,382 3,691,047 Less: allowance for losses (175,641 ) (179,765 ) Other current assets $ 1,519,741 $ 3,511,282

INVESTMENT IN UNCONSOLIDATED _2

INVESTMENT IN UNCONSOLIDATED ENTITIES, NET (Tables)	6 Months Ended
	Sep. 30, 2022
Investments, All Other Investments [Abstract]
SUMMARY OF INVESTMENT IN UNCONSOLIDATED ENTITIES	Investment in unconsolidated entities and securities consists of the following: SUMMARY OF INVESTMENT IN UNCONSOLIDATED ENTITIES September 30, 2022 March 31, Investment in detachable GNTW stock warrant $ 966,000 $ 3,570,000 Investment in GNTW common stock 106,379 393,141 Investment in Stemtech convertible note 297,863 1,100,799 Investment in MojiLife, LLC 1,537,000 1,537,000 Subtotal 2,907,242 6,600,940 Less, allowance for impairment losses (1,537,000 ) (1,537,000 Investments $ 1,370,242 $ 5,063,940
SCHEDULE OF ALLOWANCE FOR IMPAIRMENT LOSSES	The following table reflects the activity in the allowance for impairment losses for the periods presented: SCHEDULE OF ALLOWANCE FOR IMPAIRMENT LOSSES September 30, March 31, Balance at beginning of period $ 1,537,000 $ - Provision for estimated impairment losses - 1,537,000 Balance at end of period $ 1,537,000 $ 1,537,000

PROPERTY AND EQUIPMENT, NET (Ta

PROPERTY AND EQUIPMENT, NET (Tables)	6 Months Ended
	Sep. 30, 2022
Property, Plant and Equipment [Abstract]
SUMMARY OF PROPERTY AND EQUIPMENT	Property and equipment consist of the following: SUMMARY OF PROPERTY AND EQUIPMENT September 30, March 31, Building and building improvements $ 8,976,878 $ 8,976,878 Computer software 1,020,396 875,925 Furniture and fixtures 237,046 237,045 Computer equipment 223,424 223,424 Leasehold improvements and other 351,878 263,208 Total property and equipment 10,809,622 10,576,480 Impairment of property and equipment - (100,165 Accumulated depreciation and amortization (1,255,045 ) (891,174 ) Property and equipment, net $ 9,554,577 $ 9,585,141

ACCRUED AND OTHER CURRENT LIA_2

ACCRUED AND OTHER CURRENT LIABILITIES (Tables)	6 Months Ended
	Sep. 30, 2022
Payables and Accruals [Abstract]
SUMMARY OF ACCRUED AND OTHER CURRENT LIABILITIES	Accrued and other current liabilities consist of the following: SUMMARY OF ACCRUED AND OTHER CURRENT LIABILITIES September 30, March 31, Deferred sales $ 388,691 $ 547,217 Liability associated with uncertain tax positions 925,794 921,987 Payroll and employee benefits 427,473 478,360 Settlement liability, current portion - 341,919 Lease liability, current portion 70,789 134,578 Due to related parties 699 125,532 Other operational accruals 1,550,862 530,189 Accrued and other current liabilities $ 3,364,308 $ 3,079,782

CONVERTIBLE NOTES PAYABLE, RE_2

CONVERTIBLE NOTES PAYABLE, RELATED PARTIES (Tables)	6 Months Ended
	Sep. 30, 2022
Debt Disclosure [Abstract]
SCHEDULE OF CONVERTIBLE NOTES PAYABLE	Convertible notes payable consists of the following: SCHEDULE OF CONVERTIBLE NOTES PAYABLE Issuance Date Maturity Date Interest Rate Conversion September 30, March 31, April 2021 April 2024 8 % $ 0.20 $ - $ 30,000,000 October 2017 October 2022 12 % $ 0.15 - 50,000 September 2022 September 2024 8 % $ 0.03 27,000,000 - Total convertible notes payable 27,000,000 30,050,000 Less: unamortized debt discount and deferred financing costs 17,396,771 20,151,230 9,603,229 9,898,770 Less: current portion of convertible notes payable 9,603,229 9,898,770 Long-term convertible notes payable $ - $ -

INCOME TAXES (Tables)

INCOME TAXES (Tables)	6 Months Ended
	Sep. 30, 2022
Income Tax Disclosure [Abstract]
SCHEDULE OF STATUTORY RATES FOR OUR DOMESTIC AND FOREIGN OPERATION	The statutory rates for our domestic and our material foreign operations are as follows for the periods shown: SCHEDULE OF STATUTORY RATES FOR OUR DOMESTIC AND FOREIGN OPERATION Country 2022 2021 United States 21 % 21 % Republic of Korea 21 % 22 % Effective Income Tax Rate 21 % 22 %
SCHEDULE OF INCOME TAX RATE RECONCILIATION RATE	Our consolidated effective income tax rate reconciliation is as follows: SCHEDULE OF INCOME TAX RATE RECONCILIATION RATE Six Months Ended 2022 2021 Federal statutory rate 21.0 % 21.0 % State and local income taxes (0.2 ) (0.7 ) Valuation allowance for NOL carry-forwards (15.6 ) (51.1 ) Stock warrant transactions and other items (0.2 ) 4.1 Effective income tax rate 5.2 % (26.7 )%

LEASES (Tables)

LEASES (Tables)	6 Months Ended
	Sep. 30, 2022
Leases
SCHEDULE OF OPERATING LEASE ASSETS AND LIABILITIES	The following information pertains to the Company’s leases as of the balance sheet dates indicated: SCHEDULE OF OPERATING LEASE ASSETS AND LIABILITIES Assets Classification September 30, March 31, Operating leases Right-of-use assets, net $ 473,993 $ 593,389 Total lease assets $ 473,993 $ 593,389 Liabilities Operating leases Accrued and other current liabilities $ 70,789 $ 134,578 Operating leases Lease liability, long-term 413,587 461,515 Total lease liabilities $ 484,376 $ 596,093
SCHEDULE OF OPERATING LEASE COSTS	The following information pertains to the Company’s leases for the periods indicated: SCHEDULE OF OPERATING LEASE COSTS Three Months Ended Lease cost Classification 2022 2021 Operating lease cost General and administrative expenses $ 21,831 $ 305,680 Operating lease cost Depreciation and amortization - - Operating lease cost Interest expense, net - - Total lease cost $ 21,831 $ 305,680
SCHEDULE OF OPERATING LEASE LIABILITY PAYABLE	The Company’s lease liabilities are payable as follows: SCHEDULE OF OPERATING LEASE LIABILITY PAYABLE Twelve months ending September 30, Amount 2023 $ 72,962 2024 99,367 2025 102,147 2026 104,926 2027 107,706 Thereafter 252,241 Total remaining payments 739,349 Less imputed interest 254,973 Total lease liability $ 484,376

FAIR VALUE MEASUREMENTS OF FI_2

FAIR VALUE MEASUREMENTS OF FINANCIAL INSTRUMENTS (Tables)	6 Months Ended
	Sep. 30, 2022
Fair Value Disclosures [Abstract]
SCHEDULE OF VALUATION HIERARCHY FINANCIAL ASSETS AND LIABILITIES	Consistent with the valuation hierarchy contained in ASC Topic 820, we categorized certain of our financial assets and liabilities as follows: SCHEDULE OF VALUATION HIERARCHY FINANCIAL ASSETS AND LIABILITIES September 30, 2022 Total Level 1 Level 2 Level 3 Assets Investment in unconsolidated entities, net $ 1,370,242 $ - - 1,370,242 Investment in marketable securities 6,506,547 6,506,547 - - Total assets $ 7,876,789 $ 6,506,547 $ - $ 1,370,242 Liabilities Convertible notes payable $ 17,918,182 $ - $ 17,918,182 $ - Total liabilities $ 17,918,182 $ - $ 17,918,182 $ - March 31, 2022 Total Level 1 Level 2 Level 3 Assets Investment in unconsolidated entities, net $ 5,063,940 $ - $ - $ 5,063,940 Total assets $ 5,063,940 $ - $ - $ 5,063,940 Liabilities Convertible notes payable $ 5,840,000 $ - $ 5,790,000 $ 50,000 Total liabilities $ 5,840,000 $ - $ 5,790,000 $ 50,000

SCHEDULE OF FOREIGN EXCHANGE CU

SCHEDULE OF FOREIGN EXCHANGE CURRENCY TRANSLATION (Details) - South Korean [Member]	3 Months Ended	6 Months Ended
	Sep. 30, 2022	Sep. 30, 2022
Exchange Rate [Member]
Trading Activity, Gains and Losses, Net [Line Items]
Exchange rate	1,435.44	1,435.44
Average Exchange Rate [Member]
Trading Activity, Gains and Losses, Net [Line Items]
Exchange rate	1,340.47	1,300.50

SIGNIFICANT ACCOUNTING POLICI_4

SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) - USD ($)				1 Months Ended	3 Months Ended		6 Months Ended		12 Months Ended
	Aug. 29, 2022	Jun. 15, 2022	May 25, 2021	May 31, 2020	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Mar. 31, 2022	Oct. 02, 2022	Aug. 11, 2022	Jul. 31, 2022	Mar. 31, 2021
Product Information [Line Items]
Credit card receivables					$ 1,100,000		$ 1,100,000		$ 3,300,000
Cash equivalents held in bank accounts					1,300,000		1,300,000		1,400,000
Payments to acquire notes receivable							241,942
Notes receivable					951,262		951,262		601,520
Impairment losses							709,320		601,520
Investment in securities					6,500,000		6,500,000
Inventory							433,714		108,055
Other Asset												$ 1,000,000
Proceeds from loans				$ 1,000,000
Loan payable					6,000,000		6,000,000						$ 1,000,000
Gains losses on extinguishment of debt			$ 1,000,000				350,320	1,040,400
Annual rate											8%
Debt Principal and interest amount					131,691
Debt instrument, face amount											$ 10,000,000
Debt instrument fee amount											$ 600,000
Accrued interest					648,000		648,000			$ 60,667
Deferred revenue					159,021		159,021		344,071
Sales commission expense					$ 1,500,000	$ 4,900,000	$ 3,900,000	$ 9,900,000
Revenue Benchmark [Member] | Customer Concentration Risk [Member] | Coffee and Other Functional Beverages [Member]
Product Information [Line Items]
Concentration risk, percentage					7%	64%	20%	28%
Revenue Benchmark [Member] | Customer Concentration Risk [Member] | Nutraceutical Products [Member]
Product Information [Line Items]
Concentration risk, percentage					20%	22%	70%	42%
Revenue Benchmark [Member] | Customer Concentration Risk [Member] | Weight Management Related Products [Member]
Product Information [Line Items]
Concentration risk, percentage					9%
Revenue Benchmark [Member] | Customer Concentration Risk [Member] | Weight Management Products [Member]
Product Information [Line Items]
Concentration risk, percentage							10%	14%
Revenue Benchmark [Member] | Customer Concentration Risk [Member] | Health and Wellness Products [Member]
Product Information [Line Items]
Concentration risk, percentage								99%
Revenue Benchmark [Member] | Customer Concentration Risk [Member] | Customers [Member]
Product Information [Line Items]
Concentration risk, percentage					62%	68%	63%	69%
Revenue Benchmark [Member] | Customer Concentration Risk [Member] | Recurring Customers [Member]
Product Information [Line Items]
Concentration risk, percentage					39%	34%	38%	32%
Revenue Benchmark [Member] | Customer Concentration Risk [Member] | New Customers [Member]
Product Information [Line Items]
Concentration risk, percentage					23%	34%	25%	37%
Revenue Benchmark [Member] | Customer Concentration Risk [Member] | Independent Distributors [Member]
Product Information [Line Items]
Concentration risk, percentage					38%	32%	37%	31%
Revenue Benchmark [Member] | Customer Concentration Risk [Member] | Customers and Independent Distributors [Member]
Product Information [Line Items]
Concentration risk, percentage							93%	84%
Revenue Benchmark [Member] | Weight Management Products [Member] | Weight Management Related Products [Member]
Product Information [Line Items]
Concentration risk, percentage						16%
Revenue Benchmark [Member] | Weight Management Products [Member] | Health And Wellness [Member]
Product Information [Line Items]
Concentration risk, percentage								15%
Revenue Benchmark [Member] | Consolidated Product Purchases [Member] | Nutraceutical Products [Member]
Product Information [Line Items]
Concentration risk, percentage					93%	55%	93%	55%
Purchases [Member] | Supplier Concentration Risk [Member] | Third Party [Member] | Korean [Member]
Product Information [Line Items]
Concentration risk, percentage						45%		45%
Services Offered on Subscription Basis [Member]
Product Information [Line Items]
Deferred revenue					$ 73,748		$ 73,748		70,968
Customers Right of Return [Member]
Product Information [Line Items]
Deferred revenue					61,824		61,824		63,890
Customer Loyalty Points [Member]
Product Information [Line Items]
Deferred revenue					94,097		94,097		68,287
Linden Real Estate Holdings LLC [Member]
Product Information [Line Items]
Proceeds from loans		$ 5,522,829
Loan payable		$ 5,700,000
Annual rate		8%
American Pacific Bancorp Inc [Member]
Product Information [Line Items]
Proceeds from loans		$ 5,522,829
Loan payable		5,700,000
Debt instrument principal and interest		$ 43,897					43,897
Revolving Promissory Note Agreement [Member]
Product Information [Line Items]
Payments to acquire notes receivable	$ 125,000
Revolving Promissory Note Agreement [Member] | One Thousand Forty Four Pro LLC [Member]
Product Information [Line Items]
Membership interest rate	20%
One Merchant Processor [Member]
Product Information [Line Items]
Credit card receivables					$ 1,100,000		$ 1,100,000		$ 3,000,000

SCHEDULE OF COMPUTATIONS OF BAS

SCHEDULE OF COMPUTATIONS OF BASIC AND DILUTED LOSS PER SHARE (Details) - USD ($)	3 Months Ended		6 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Loss per share:
Net loss, as reported	$ (18,385,903)	$ (2,714,765)	$ (19,738,913)	$ (6,262,772)
After tax interest adjustment
Net loss, if-converted basis	$ (18,385,903)	$ (2,714,765)	$ (19,738,913)	$ (6,262,772)
Weighted average basic shares	262,832,833	187,567,291	270,531,857	186,009,840
Dilutive securities and instruments:
Convertible preferred stock
Convertible notes
Stock options and warrants
Weighted average diluted shares	262,832,833	187,567,291	270,531,857	186,009,840
Loss per share:
Basic	$ (0.07)	$ (0.01)	$ (0.07)	$ (0.03)
Diluted	$ (0.07)	$ (0.01)	$ (0.07)	$ (0.03)

SCHEDULE OF POTENTIALLY DILUTIV

SCHEDULE OF POTENTIALLY DILUTIVE INSTRUMENTS OUTSTANDING (Details) - shares	6 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total potential incremental shares	275,689,846	293,414,853
Convertible Preferred Stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total potential incremental shares	6,320,000	8,289,781
Convertible Notes [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total potential incremental shares	246,123,029	156,381,169
Stock Warrants [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total potential incremental shares	23,246,817	128,743,903

LOSS PER SHARE (Details Narrati

LOSS PER SHARE (Details Narrative) - shares	6 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
Loss per share:
Stock warrants held by employees	3,750,000	4,250,000

SCHEDULE OF INVENTORY (Details)

SCHEDULE OF INVENTORY (Details) - USD ($)	Sep. 30, 2022	Mar. 31, 2022	Sep. 30, 2021
Inventory Disclosure [Abstract]
Finished Goods	$ 3,957,950	$ 4,482,291
Allowance for inventory obsolescence	(433,714)	(108,055)	$ (284,780)
Inventory, net	$ 3,524,236	$ 4,374,236

INVENTORY, NET (Details Narrati

INVENTORY, NET (Details Narrative) - USD ($)	Sep. 30, 2022	Jul. 05, 2022	Mar. 31, 2022	Sep. 30, 2021
Inventory Disclosure [Abstract]
Allowance for inventory obsolescence	$ 433,714		$ 108,055	$ 284,780
Exchange of assets inventory		$ 400,000
Inventory related to the purchase		$ 177,000

SCHEDULE OF OTHER CURRENT ASSET

SCHEDULE OF OTHER CURRENT ASSETS (Details) - USD ($)	Sep. 30, 2022	Mar. 31, 2022
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Prepaid consulting fees, related party	$ 1,139,999	$ 2,867,123
Inventory-related deposits	253,884	384,477
Prepaid insurance and other operational expenses	287,553	201,275
Deposits for sales events		222,540
Right to recover asset	13,946	15,632
Subtotal	1,695,382	3,691,047
Less: allowance for losses	(175,641)	(179,765)
Other current assets	$ 1,519,741	$ 3,511,282

OTHER CURRENT ASSETS, NET (Deta

OTHER CURRENT ASSETS, NET (Details Narrative) - USD ($)	Sep. 30, 2022	Mar. 31, 2022
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Provision for losses	$ 175,641	$ 179,765

SUMMARY OF INVESTMENT IN UNCONS

SUMMARY OF INVESTMENT IN UNCONSOLIDATED ENTITIES (Details) - USD ($)	Sep. 30, 2022	Mar. 31, 2022
Impairment Effects on Earnings Per Share [Line Items]
Subtotal	$ 2,907,242	$ 6,600,940
Less, allowance for impairment losses	(1,537,000)	(1,537,000)
Investments	1,370,242	5,063,940
GNTW Stock Warrant [Member]
Impairment Effects on Earnings Per Share [Line Items]
Subtotal	966,000	3,570,000
GNTW Common Stock [Member]
Impairment Effects on Earnings Per Share [Line Items]
Subtotal	106,379	393,141
Stemtech Convertible Note [Member]
Impairment Effects on Earnings Per Share [Line Items]
Subtotal	297,863	1,100,799
Moji Life, LLC. [Member]
Impairment Effects on Earnings Per Share [Line Items]
Subtotal	$ 1,537,000	$ 1,537,000

SCHEDULE OF ALLOWANCE FOR IMPAI

SCHEDULE OF ALLOWANCE FOR IMPAIRMENT LOSSES (Details) - USD ($)	6 Months Ended	12 Months Ended
	Sep. 30, 2022	Mar. 31, 2022
Investments, All Other Investments [Abstract]
Balance at beginning of period	$ 1,537,000
Provision for estimated impairment losses		1,537,000
Balance at end of period	$ 1,537,000	$ 1,537,000

INVESTMENT IN UNCONSOLIDATED _3

INVESTMENT IN UNCONSOLIDATED ENTITIES, NET (Details Narrative) - USD ($)	1 Months Ended		3 Months Ended	6 Months Ended	12 Months Ended
	Sep. 30, 2021	Apr. 30, 2021	Sep. 30, 2022	Sep. 30, 2022	Mar. 31, 2021	Aug. 11, 2022	Mar. 31, 2022
Invested amount			$ 1,370,242	$ 1,370,242			$ 5,063,940
Convertible debt			9,603,229	9,603,229			$ 9,898,770
Origination fee						$ 600,000
Debt interest rate						8%
Number of shares issued		27,000,000			38,300,000
Unrealized gains, before income tax			$ 8,600,000	$ 3,700,000
Security Purchase Agreement [Member] | Convertible Notes [Member]
Maturity date	Sep. 09, 2024
Debt interest rate	10%
Membership Unit Purchase Agreement [Member] | Moji Life, LLC. [Member]
Equity interest, percent	30.75%
Cash acquired in equity investment	$ 1,537,000
Stemtech Corporation [Member] | Securities Purchase Agreement [Member]
Invested amount	1,400,000
Convertible debt	$ 1,400,000
Globe Net Wireless Corp [Member]
Warrant expiration date	Sep. 13, 2024
Warrants to purchase common stock	1,400,000
Number of shares issued	154,173
Globe Net Wireless Corp [Member] | Security Purchase Agreement [Member]
Origination fee	$ 500,000

SUMMARY OF PROPERTY AND EQUIPME

SUMMARY OF PROPERTY AND EQUIPMENT (Details) - USD ($)	Sep. 30, 2022	Mar. 31, 2022
Property, Plant and Equipment [Abstract]
Building and building improvements	$ 8,976,878	$ 8,976,878
Computer software	1,020,396	875,925
Furniture and fixtures	237,046	237,045
Computer equipment	223,424	223,424
Leasehold improvements and other	351,878	263,208
Total property and equipment	10,809,622	10,576,480
Impairment of property and equipment		(100,165)
Accumulated depreciation and amortization	(1,255,045)	(891,174)
Property and equipment, net	$ 9,554,577	$ 9,585,141

OTHER ASSETS (Details Narrative

OTHER ASSETS (Details Narrative)	Jul. 31, 2022 USD ($)
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Other Asset	$ 1,000,000

SUMMARY OF ACCRUED AND OTHER CU

SUMMARY OF ACCRUED AND OTHER CURRENT LIABILITIES (Details) - USD ($)	Sep. 30, 2022	Mar. 31, 2022
Payables and Accruals [Abstract]
Deferred sales	$ 388,691	$ 547,217
Liability associated with uncertain tax positions	925,794	921,987
Payroll and employee benefits	427,473	478,360
Settlement liability, current portion		341,919
Lease liability, current portion	70,789	134,578
Due to related parties	699	125,532
Other operational accruals	1,550,862	530,189
Accrued and other current liabilities	$ 3,364,308	$ 3,079,782

ACCRUED AND OTHER CURRENT LIA_3

ACCRUED AND OTHER CURRENT LIABILITIES (Details Narrative) - USD ($)	Oct. 02, 2022	Sep. 30, 2022
Payables and Accruals [Abstract]
Accrued expense		$ 902,862
Accrued interest on related party	$ 60,667	$ 648,000

SCHEDULE OF CONVERTIBLE NOTES P

SCHEDULE OF CONVERTIBLE NOTES PAYABLE (Details) - USD ($)	6 Months Ended	12 Months Ended
	Sep. 30, 2022	Mar. 31, 2022
Short-Term Debt [Line Items]
Total convertible notes payable	$ 27,000,000	$ 30,050,000
Less: unamortized debt discount and deferred financing costs	17,396,771	20,151,230
Convertible debt	9,603,229	9,898,770
Less: current portion of convertible notes payable	9,603,229	9,898,770
Long-term convertible notes payable
Maturity One [Member]
Short-Term Debt [Line Items]
Convertible notes issuance date	April 2021	April 2021
Convertible notes issuance date	April 2024	April 2024
Convertible notes interest rate	8%	8%
Conversion price (per share)	$ 0.20	$ 0.20
Total convertible notes payable		$ 30,000,000
Maturity Two [Member]
Short-Term Debt [Line Items]
Convertible notes issuance date	October 2017	October 2017
Convertible notes issuance date	October 2022	October 2022
Convertible notes interest rate	12%	12%
Conversion price (per share)	$ 0.15	$ 0.15
Total convertible notes payable		$ 50,000
Maturity Three [Member]
Short-Term Debt [Line Items]
Convertible notes issuance date	September 2022	September 2022
Convertible notes issuance date	September 2024	September 2024
Convertible notes interest rate	8%	8%
Conversion price (per share)	$ 0.03	$ 0.03
Total convertible notes payable	$ 27,000,000

CONVERTIBLE NOTES PAYABLE, RE_3

CONVERTIBLE NOTES PAYABLE, RELATED PARTIES (Details Narrative) - USD ($)					1 Months Ended			3 Months Ended		6 Months Ended
	Aug. 09, 2022	Jun. 15, 2022	Jun. 15, 2022	Apr. 05, 2021	Sep. 30, 2021	May 31, 2020	Oct. 31, 2017	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Aug. 11, 2022	May 31, 2022	Mar. 31, 2022
Short-Term Debt [Line Items]
Debt instrument, face amount												$ 10,000,000
Warrant exercise price								$ 0.20		$ 0.20
Convertible notes payable								$ 27,000,000		$ 27,000,000				$ 30,050,000
Common stock, par value								$ 0.0001		$ 0.0001			$ 0.0001	$ 0.0001
Proceeds from loans						$ 1,000,000
Interest expense								$ 3,321,410	$ 3,126,358	$ 6,441,464	$ 6,056,372
Deferred financing fees								2,600,000	2,300,000	3,100,000	4,400,000
Convertible Notes [Member]
Short-Term Debt [Line Items]
Interest expense								$ 558,000	$ 606,444	$ 648,000	$ 1,700,000
Common Class A [Member]
Short-Term Debt [Line Items]
Common stock, par value								$ 0.0001		$ 0.0001				$ 0.0001
Common stock, shares issued								262,832,833		262,832,833				288,923,969
Decentralized Sharing Systems Inc [Member] | Security Purchase Agreement [Member]
Short-Term Debt [Line Items]
Debt instrument, face amount		$ 27,000,000	$ 27,000,000
Purchase up warrant		818,181,819	818,181,819	150,000,000
Convertible notes payable				$ 30,000,000
Common stock, par value		$ 0.033	$ 0.033	$ 0.22
Proceeds from loan originations		$ 27,000,000		$ 30,000,000
Origination Fee				$ 3,000,000
Conversion rate				$ 0.20
Annual rate				8%
Debt Instrument, Maturity Date				Apr. 05, 2024
Conversion price, increase				$ 0.20
Proceeds from loans				$ 15,000,000
Net proceeds				12,000,000
Deferred financing costs				$ 3,000,000
Loan origination fees										15,000,000
Common stock shares for payment of interest										12,000,000
Deemed dividend										$ 1,080,000
Decentralized Sharing Systems Inc [Member] | Security Purchase Agreement [Member] | Common Class A [Member]
Short-Term Debt [Line Items]
Common stock, shares issued					27,000,000				27,000,000		27,000,000
HWH International, Inc. [Member]
Short-Term Debt [Line Items]
Debt instrument, face amount							$ 50,000
Purchase up warrant							333,333
Warrant exercise price							$ 0.15
Conversion of stock, shares converted	333,333						333,333
Convertible Notes [Member] | Security Purchase Agreement [Member]
Short-Term Debt [Line Items]
Debt Instrument, Maturity Date					Sep. 09, 2024
Convertible Notes [Member] | HWH International, Inc. [Member]
Short-Term Debt [Line Items]
Debt instrument, face amount	$ 78,636						$ 50,000
Debt conversion shares							333,333
Advancing Promissory Note [Member]
Short-Term Debt [Line Items]
Debt instrument, face amount		$ 27,000,000	$ 27,000,000					$ 27,000,000		$ 27,000,000
Purchase up warrant		818,181,819	818,181,819					818,181,819		818,181,819
Annual rate		8%	8%
Origination fee		$ 270,000	$ 270,000
Advancing Promissory Note [Member] | Common Class A [Member]
Short-Term Debt [Line Items]
Shares issued, price per share		$ 0.033	$ 0.033					$ 0.033		$ 0.033
Conversion of stock, shares converted			818,181,819
Convertible Promissory Note [Member]
Short-Term Debt [Line Items]
Debt instrument, face amount		$ 30,000,000	$ 30,000,000
Purchase up warrant		150,000,000	150,000,000
Shares issued, price per share		$ 0.22	$ 0.22
Convertible Promissory Note [Member] | Common Class A [Member]
Short-Term Debt [Line Items]
Shares issued, price per share		$ 0.22	$ 0.22

SCHEDULE OF STATUTORY RATES FOR

SCHEDULE OF STATUTORY RATES FOR OUR DOMESTIC AND FOREIGN OPERATION (Details)	6 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
Effective Income Tax Rate	21%	21%
UNITED STATES
Effective Income Tax Rate	21%	21%
KOREA, REPUBLIC OF
Effective Income Tax Rate	21%	22%

SCHEDULE OF INCOME TAX RATE REC

SCHEDULE OF INCOME TAX RATE RECONCILIATION RATE (Details)	6 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
Income Tax Disclosure [Abstract]
Federal statutory rate	21%	21%
State and local income taxes	(0.20%)	(0.70%)
Valuation allowance for NOL carry-forwards	(15.60%)	(51.10%)
Stock warrant transactions and other items	(0.20%)	4.10%
Effective income tax rate	5.20%	(26.70%)

STOCKHOLDERS_ EQUITY (Details N

STOCKHOLDERS’ EQUITY (Details Narrative) - USD ($)	1 Months Ended	6 Months Ended
	May 31, 2022	Sep. 30, 2022	Aug. 11, 2022	Jun. 15, 2022	May 19, 2022	Mar. 31, 2022
Class of Stock [Line Items]
Debt instrument, face amount			$ 10,000,000
Capital Units, Authorized	2,200,000,000
Capital stock, par value	$ 0.0001
Common stock, shares authorized	2,000,000,000	2,000,000,000				2,000,000,000
Common stock, par value	$ 0.0001	$ 0.0001				$ 0.0001
Preferred stock, shares authorized	200,000,000	200,000,000				200,000,000
Preferred stock, par or stated value per share	$ 0.0001	$ 0.0001				$ 0.0001
Treasury stock shares		26,091,136
Confidential Settlement Agreement [Member]
Class of Stock [Line Items]
Shares issued, price per share					$ 0.25
Number of sale of shares	26,091,136
One time payment	$ 1,043,645
Co Founders Agreement [Member]
Class of Stock [Line Items]
Repurchase of common stock		$ 626,187
Liability recovery amount		$ 324,230
Common Class A [Member]
Class of Stock [Line Items]
Common stock, shares authorized		1,990,000,000				1,990,000,000
Common stock, par value		$ 0.0001				$ 0.0001
Common stock, shares issued		262,832,833				288,923,969
Common stock, shares outstanding		262,832,833				288,923,969
Common Class B [Member]
Class of Stock [Line Items]
Common stock, shares authorized		10,000,000				10,000,000
Common stock, par value		$ 0.0001				$ 0.0001
Common stock, shares issued		0				0
Common stock, shares outstanding		0				0
Advancing Promissory Note [Member]
Class of Stock [Line Items]
Debt instrument, face amount		$ 27,000,000		$ 27,000,000
Class of warrant or right, number of securities called by warrants or rights		818,181,819		818,181,819
Advancing Promissory Note [Member] | Common Class A [Member]
Class of Stock [Line Items]
Shares issued, price per share		$ 0.033		$ 0.033

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details Narrative)					1 Months Ended											3 Months Ended	6 Months Ended		12 Months Ended
	Aug. 09, 2022 shares	Jun. 15, 2022 USD ($) $ / shares shares	Jun. 15, 2022 USD ($) $ / shares shares	Apr. 05, 2021 USD ($) $ / shares shares	May 31, 2022 USD ($) $ / shares shares	Feb. 28, 2022 shares	Jan. 31, 2022 USD ($) $ / shares shares	Dec. 31, 2021 USD ($) $ / shares shares	Sep. 30, 2021 USD ($)	Jul. 31, 2021 USD ($)	Apr. 30, 2021 USD ($) $ / shares shares	Jul. 31, 2020 USD ($) $ / shares shares	May 31, 2020 USD ($)	Feb. 29, 2020 shares	Oct. 31, 2017 USD ($) $ / shares shares	Sep. 30, 2022 USD ($) $ / shares shares	Sep. 30, 2022 USD ($) $ / shares shares	Sep. 30, 2021 USD ($)	Mar. 31, 2022 USD ($) $ / shares	Mar. 31, 2021 USD ($) shares	Aug. 11, 2022 USD ($)	May 19, 2022 $ / shares
Related Party Transaction [Line Items]
Investments																$ 1,370,242	$ 1,370,242		$ 5,063,940
Warrants, exercise price | $ / shares																$ 0.20	$ 0.20
Number of shares issued | shares											27,000,000									38,300,000
Loan outstanding amount																$ 6,000,000	$ 6,000,000			$ 1,000,000
Principal amount																					$ 10,000,000
Due to Related Parties, Current																$ 699	$ 699		$ 125,532
Common stock, par or stated value per share | $ / shares					$ 0.0001											$ 0.0001	$ 0.0001		$ 0.0001
Operating Lease, Liability																$ 484,376	$ 484,376		$ 596,093
Rent expense																	2,808
Consulting income																12,498	24,996
Proceeds from loan													$ 1,000,000
APB Revolving Note [Member]
Related Party Transaction [Line Items]
Loan outstanding amount																6,000,000	6,000,000
Principal amount																					$ 10,000,000
Debt instrument, interest rate, stated percentage																					8%
Interest receivable																60,667	60,667
Alchemist Holding, LLC [Member]
Related Party Transaction [Line Items]
Number of shares issued | shares														22,700,000
Advancing Promissory Note [Member]
Related Party Transaction [Line Items]
Principal amount		$ 27,000,000	$ 27,000,000													$ 27,000,000	$ 27,000,000
Warrants to purchase common stock | shares		818,181,819	818,181,819													818,181,819	818,181,819
Debt instrument, interest rate, stated percentage		8%	8%
Origination fee		$ 270,000	$ 270,000
Convertible Promissory Note [Member]
Related Party Transaction [Line Items]
Principal amount		$ 30,000,000	$ 30,000,000
Shares issued, price per share | $ / shares		$ 0.22	$ 0.22
Warrants to purchase common stock | shares		150,000,000	150,000,000
Decentralized Sharing Systems Inc [Member]
Related Party Transaction [Line Items]
Loan outstanding amount											$ 30,000,000
Principal amount											$ 30,000,000
Debt convertible rate											0.20
Shares issued on conversion of note | shares																	818,200,000
Payments to Acquire Productive Assets																	$ 28,090	$ 151,509
Decentralized Sharing Systems Inc [Member] | Warrant [Member]
Related Party Transaction [Line Items]
Warrants, exercise price | $ / shares											$ 0.22
Warrants, granted | shares											150,000,000
HWH International, Inc. [Member]
Related Party Transaction [Line Items]
Warrant purchase, additional shares | shares															333,333
Warrants, exercise price | $ / shares															$ 0.15
Principal amount															$ 50,000
Warrants to purchase common stock | shares															333,333
Conversion of stock, shares converted | shares	333,333														333,333
Warrants and rights outstanding															$ 78,636
HWH World Inc [Member]
Related Party Transaction [Line Items]
Due to Related Parties, Current																			213,742
Operating Lease, Liability																			261,835
Operating Lease, Expense																			222,092
Impact Biomedical Inc [Member]
Related Party Transaction [Line Items]
Purchase aggregate value																$ 19,247	36,808		111,414
K Beauty Research Lab. Co., Ltd [Member]
Related Party Transaction [Line Items]
Due to Related Parties																			$ 2,300,000
[custom:PurchasedProducts]																$ 929	1,572
Alset Title Company, Inc. [Member]
Related Party Transaction [Line Items]
Purchased an office building								$ 8,942,640
American Pacific Bancorp Inc [Member]
Related Party Transaction [Line Items]
Loan outstanding amount		$ 5,700,000	$ 5,700,000
Debt instrument, interest rate, stated percentage		8%	8%
Monthly payaments		$ 43,897															$ 43,897
Proceeds from loan		$ 5,522,829
Common Class A [Member]
Related Party Transaction [Line Items]
Loan origination fee											$ 15,000,000
Common stock, par or stated value per share | $ / shares																$ 0.0001	$ 0.0001		$ 0.0001
Common Class A [Member] | Advancing Promissory Note [Member]
Related Party Transaction [Line Items]
Shares issued, price per share | $ / shares		$ 0.033	$ 0.033													$ 0.033	$ 0.033
Conversion of stock, shares converted | shares			818,181,819
Common Class A [Member] | Convertible Promissory Note [Member]
Related Party Transaction [Line Items]
Shares issued, price per share | $ / shares		$ 0.22	$ 0.22
Common Class A [Member] | Decentralized Sharing Systems Inc [Member]
Related Party Transaction [Line Items]
Loan origination fee											$ 3,000,000
Class A Common Stock [Member] | Decentralized Sharing Systems Inc [Member]
Related Party Transaction [Line Items]
Stock issued during period, value, new issues																	$ 191,900,000
Stock issued during period shares stock warrants exercised																	$ 878,200,000
Related-Party Legal Claims [Member] | Alchemist Holding, LLC [Member]
Related Party Transaction [Line Items]
Number of shares issued | shares														15,600,000
Stock Purchase and Share Subscription Agreement [Member] | Decentralized Sharing Systems Inc [Member]
Related Party Transaction [Line Items]
Investments								$ 3,000,000
Warrant purchase, additional shares | shares								50,000,000
Warrants, exercise price | $ / shares								$ 0.063
Number of common stock exchanged | shares								50,000,000
Warrants term								5 years
Shares issued, price per share | $ / shares								$ 0.075
Deemed dividend								$ 2,300,000
Stock Purchase and Share Subscription Agreement [Member] | Mr Chan [Member]
Related Party Transaction [Line Items]
Investments												$ 3,000,000
Stock Purchase and Share Subscription Agreement [Member] | Mr Chan [Member] | Common Class A [Member]
Related Party Transaction [Line Items]
Number of common stock issued												$ 30,000,000
Warrant purchase, additional shares | shares												10,000,000
Warrants, exercise price | $ / shares												$ 0.20
Number of shares issued | shares												30,000,000
Security Purchase Agreement [Member] | Decentralized Sharing Systems Inc [Member]
Related Party Transaction [Line Items]
Principal amount		$ 27,000,000	$ 27,000,000
Common stock isssued for payment of interest | shares																	12,000,000
Deemed dividend																	$ 1,080,000
Warrants to purchase common stock | shares		818,181,819	818,181,819	150,000,000
Common stock, par or stated value per share | $ / shares		$ 0.033	$ 0.033	$ 0.22
Proceeds from loan originations		$ 27,000,000		$ 30,000,000
Debt instrument, interest rate, stated percentage				8%
Proceeds from loan				$ 15,000,000
Security Purchase Agreement [Member] | Decentralized Sharing Systems Inc [Member] | 2022 Notes [Member]
Related Party Transaction [Line Items]
Debt instrument, interest rate, stated percentage		8%	8%
Conversion of debt into stock | shares		818,181,819
Security Purchase Agreement [Member] | Decentralized Sharing Systems Inc [Member]
Related Party Transaction [Line Items]
Common stock isssued for payment of interest | shares											12,000,000
Business Consulting Agreement [Member]
Related Party Transaction [Line Items]
Warrant purchase, additional shares | shares							50,000,000
Warrants, exercise price | $ / shares							$ 0.0001
Due to Related Parties, Current							$ 60,000
Business Consulting Agreement [Member] | American Premimum Water Corporation [Member]
Related Party Transaction [Line Items]
Monthly payaments										$ 4,166
Business Consulting Agreement [Member] | Common Class A [Member]
Related Party Transaction [Line Items]
Number of shares issued | shares						50,000,000
Consulting Agreement [Member]
Related Party Transaction [Line Items]
Share price | $ / shares							$ 0.07
Fair Value Adjustment of Warrants							$ 3,500,000
Consulting expense																$ 1,100,000	2,100,000
Advisory Agreement [Member] | HWH World Inc [Member]
Related Party Transaction [Line Items]
Professional Fees									$ 10,000
Consulting income																			$ 76,700
Confidential Settlement Agreement [Member]
Related Party Transaction [Line Items]
Shares issued, price per share | $ / shares																						$ 0.25
Sale of stock, shares issued | shares					26,091,136
One time payment					$ 1,043,645
Co Founders Agreement [Member]
Related Party Transaction [Line Items]
Repurchase of common stock																	626,187
Liability recovery amount																	324,230
Sub Lease Agreement [Member]
Related Party Transaction [Line Items]
Rent expenses																$ 25,081	$ 50,179
Sub Lease Agreement [Member] | Alchemist Holdings LLC [Member]
Related Party Transaction [Line Items]
Ownership, percentage																10%	10%

STOCK-BASED COMPENSATION (Detai

STOCK-BASED COMPENSATION (Details Narrative) - USD ($)		1 Months Ended	3 Months Ended
	Aug. 09, 2022	Oct. 31, 2017	Sep. 30, 2022	Sep. 30, 2021	Aug. 11, 2022	Mar. 31, 2022	Jul. 31, 2020
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Investments			$ 1,370,242			$ 5,063,940
Warrants, exercise price			$ 0.20
Principal amount					$ 10,000,000
Compensatory gain			$ 167,855	$ 1,134,170
HWH International, Inc. [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Warrant purchase, additional shares		333,333
Warrants, exercise price		$ 0.15
Principal amount		$ 50,000
Conversion of stock, shares converted	333,333	333,333
HWH International, Inc. [Member] | Convertible Notes [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Principal amount	$ 78,636	$ 50,000
Stock Purchase and Share Subscription Agreement [Member] | Mr Chan [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Investments							$ 3,000,000
Stock Purchase and Share Subscription Agreement [Member] | Mr Chan [Member] | Common Class A [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of common stock issued							$ 30,000,000
Warrant purchase, additional shares							10,000,000
Warrants, exercise price							$ 0.20

SCHEDULE OF OPERATING LEASE ASS

SCHEDULE OF OPERATING LEASE ASSETS AND LIABILITIES (Details) - USD ($)	Sep. 30, 2022	Mar. 31, 2022
Leases
Operating leases	$ 473,993	$ 593,389
Total lease assets	473,993	593,389
Operating leases	70,789	134,578
Operating leases	413,587	461,515
Total lease liabilities	$ 484,376	$ 596,093

SCHEDULE OF OPERATING LEASE COS

SCHEDULE OF OPERATING LEASE COSTS (Details) - USD ($)	3 Months Ended		6 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Total lease cost	$ 21,831	$ 305,680	$ 45,009	$ 465,500
General and Administrative Expense [Member]
Total lease cost	21,831	305,680	45,009	465,500
Depreciation and Amortization [Member]
Total lease cost
Interest Expense [Member]
Total lease cost

SCHEDULE OF OPERATING LEASE LIA

SCHEDULE OF OPERATING LEASE LIABILITY PAYABLE (Details) - USD ($)	Sep. 30, 2022	Mar. 31, 2022
Leases
2023	$ 72,962
2024	99,367
2025	102,147
2026	104,926
2027	107,706
Thereafter	252,241
Total remaining payments	739,349
Less imputed interest	254,973
Total lease liability	$ 484,376	$ 596,093

LEASES (Details Narrative)

LEASES (Details Narrative) - USD ($)	3 Months Ended		6 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Total lease cost	$ 21,831	$ 305,680	$ 45,009	$ 465,500
General and Administrative Expense [Member]
Total lease cost	21,831	305,680	45,009	465,500
Depreciation and Amortization [Member]
Total lease cost
Interest Expense [Member]
Total lease cost
Minimum [Member]
Remaining lease term	1 year		1 year
Lease, discount rate	10%		10%
Maximum [Member]
Remaining lease term	10 years		10 years
Lease, discount rate	12%		12%

SCHEDULE OF VALUATION HIERARCHY

SCHEDULE OF VALUATION HIERARCHY FINANCIAL ASSETS AND LIABILITIES (Details) - USD ($)	Sep. 30, 2022	Mar. 31, 2022
Assets
Investment in unconsolidated entities, net	$ 1,370,242	$ 5,063,940
Investment in marketable securities	6,506,547
Total assets	7,876,789	5,063,940
Liabilities
Convertible notes payable	17,918,182	5,840,000
Total liabilities	17,918,182	5,840,000
Fair Value, Inputs, Level 1 [Member]
Assets
Investment in unconsolidated entities, net
Investment in marketable securities	6,506,547
Total assets	6,506,547
Liabilities
Convertible notes payable
Total liabilities
Fair Value, Inputs, Level 2 [Member]
Assets
Investment in unconsolidated entities, net
Investment in marketable securities
Total assets
Liabilities
Convertible notes payable	17,918,182	5,790,000
Total liabilities	17,918,182	5,790,000
Fair Value, Inputs, Level 3 [Member]
Assets
Investment in unconsolidated entities, net	1,370,242	5,063,940
Investment in marketable securities
Total assets	1,370,242	5,063,940
Liabilities
Convertible notes payable		50,000
Total liabilities		$ 50,000