Tribus Enterprises 10-Q 16 Aug 21 2022 Q1 Quarterly report Financial data

Cover

Cover - shares	3 Months Ended
	Jun. 30, 2021	Aug. 13, 2021
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Jun. 30, 2021
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2022
Current Fiscal Year End Date	--03-31
Entity File Number	333-197642
Entity Registrant Name	Tribus Enterprises, Inc.
Entity Central Index Key	0001706573
Entity Tax Identification Number	82-1104757
Entity Incorporation, State or Country Code	WA
Entity Address, Address Line One	155 Haas Drive
Entity Address, City or Town	Englewood
Entity Address, State or Province	OH
Entity Address, Postal Zip Code	45322
City Area Code	509
Local Phone Number	992-4743
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	true
Elected Not To Use the Extended Transition Period	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		35,983,858

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)	Jun. 30, 2021	Mar. 31, 2021
Current assets
Cash	$ 902,120	$ 390,197
Accounts Receivable (Note 5)	1,237	3,374
Inventory, net of inventory valuation of $28,960 and $3,891, respectively (Note 6)	428,270	403,951
Prepaid expenses	270	270
Deposits, current (Note 7)		100,000
Total current assets	1,331,897	897,792
Deposits	10,240	10,240
Right of use asset, operating leases	75,404	93,929
Equipment, net of accumulated depreciation of $409,631 and $368,180, respectively (Note 8)	2,877,562	1,625,022
Total assets	4,295,103	2,626,983
Current liabilities
Accounts payable and accrued liabilities	332,784	291,144
Deferred revenue (Note 9)	4,050	12,249
Operating lease liability, current (Note 10)	71,164	86,495
Finance lease, current (Note 11)	137,905	137,213
Loans payable, current (Note 12)	1,588,686	273,528
Total current liabilities	2,134,589	800,629
Operating lease liability, net of current portion (Note 10)		4,233
Finance lease, net of current portion (Note 11)	75,698	110,435
Loans payable, net of current portion (Note 12)	19,662	255,887
Other Long-Term Liabilities	6,297	6,255
Total liabilities	2,236,246	1,177,439
Stockholders’ equity
Common stock, $0.001 par value; 100,000,000 authorized; 35,551,858 and 34,421,158 issued and outstanding at June 30, 2021 and March 31, 2021, respectively (Note 13)	35,552	34,421
Additional paid in capital	7,309,403	6,249,834
Accumulated deficit	(5,297,765)	(4,846,378)
Total stockholders’ equity	2,058,857	1,449,544
Total liabilities and stockholders’ equity	4,295,103	2,626,983
Series A Preferred Stock [Member]
Stockholders’ equity
Preferred Stock, Value, Issued	6,667	6,667
Total stockholders’ equity	6,667	6,667
Series B Preferred Stock [Member]
Stockholders’ equity
Preferred Stock, Value, Issued	5,000	5,000
Total stockholders’ equity	$ 5,000	$ 5,000

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) (Parenthetical) - USD ($)	Jun. 30, 2021	Mar. 31, 2021
Inventory Valuation Reserves	$ 28,960	$ 3,891
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment	$ 409,631	$ 368,180
Common Stock, Par or Stated Value Per Share	$ 0.001	$ 0.001
Common Stock, Shares Authorized	100,000,000	100,000,000
Common Stock, Shares, Issued	35,551,858	34,421,158
Common Stock, Shares, Outstanding	35,551,858	34,421,158
Series A Preferred Stock [Member]
Preferred Stock, Par or Stated Value Per Share	$ 0.001	$ 0.001
Preferred Stock, Shares Authorized	20,000,000	20,000,000
Preferred Stock, Shares Issued	6,666,666	6,666,666
Preferred Stock, Shares Outstanding	6,666,666	6,666,666
Series B Preferred Stock [Member]
Preferred Stock, Par or Stated Value Per Share	$ 0.001	$ 0.001
Preferred Stock, Shares Authorized	5,000,000	5,000,000
Preferred Stock, Shares Issued	4,999,800	4,999,800
Preferred Stock, Shares Outstanding	4,999,800	4,999,800

UNAUDITED CONDENSED CONSOLIDATE

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)	3 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
Income Statement [Abstract]
Revenue	$ 31,609	$ 7,454
Cost of goods sold	246,342	77,568
Gross margin	(214,733)	(70,114)
Operating expenses
Employee costs	142,740	46,527
Professional fees	51,823	10,998
General and administrative	47,051	36,485
Facilities	17,258	24,678
Research and development		12,781
Depreciation expense	3,945	79,987
Total operating expenses	262,817	211,456
Net loss from operations	(477,550)	(281,570)
Other income (expense)
Other income/(expense), net	29,252	146,443
Gain/(loss) on sale of equipment		(145,127)
Interest expense	(3,089)	(36,029)
Total other income (expense)	26,163	(34,713)
Income tax
Net and comprehensive loss	$ (451,387)	$ (316,283)
Net loss per share, basic and diluted	$ (0.01)	$ (0.03)
Weighted average shares outstanding, basic and diluted	35,185,801	11,637,465

UNAUDITED CONDENSED CONSOLIDA_2

UNAUDITED CONDENSED CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY - USD ($)	Series A Preferred Stock [Member]	Series B Preferred Stock [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Total
Beginning balance, value at Mar. 31, 2020	$ 20,000	$ 3,910	$ 7,361	$ 3,600,752	$ (3,718,479)	$ (86,456)
Shares, Outstanding, Beginning Balance at Mar. 31, 2020	19,999,998	3,910,000	7,360,858
Series B preferred stock issued for cash		$ 740		517,120		517,860
Stock Issued During Period, Shares, Conversion of Convertible Securities	0	739,800
Common stock issued for cash			$ 6,185	1,540,016		1,546,201
Stock Issued During Period, Shares, New Issues	0		6,184,800
Direct Incremental Costs				(200,000)		(200,000)
Net loss, three months ended June 30, 2021					(316,283)	(316,283)
Ending balance, value at Jun. 30, 2020	$ 20,000	$ 4,650	$ 13,546	5,457,888	(4,034,762)	1,461,322
Shares, Outstanding, Ending Balance at Jun. 30, 2020	19,999,998	4,649,800	13,545,658
Beginning balance, value at Mar. 31, 2021	$ 6,667	$ 5,000	$ 34,421	6,249,834	(4,846,378)	1,449,544
Shares, Outstanding, Beginning Balance at Mar. 31, 2021	6,666,666	4,999,800	34,421,158
Common stock issued for cash			$ 1,131	1,129,569		1,130,700
Stock Issued During Period, Shares, New Issues	0		1,130,700
Direct Incremental Costs				(70,000)		(70,000)
Net loss, three months ended June 30, 2021					(451,387)	(451,387)
Ending balance, value at Jun. 30, 2021	$ 6,667	$ 5,000	$ 35,552	$ 7,309,403	$ (5,297,765)	$ 2,058,857
Shares, Outstanding, Ending Balance at Jun. 30, 2021	6,666,666	4,999,800	35,551,858

UNAUDITED CONDENSED CONSOLIDA_3

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	3 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
Cash flows from operating activities
Net loss	$ (451,387)	$ (316,283)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation	59,976	99,250
Inventory Allowance	25,069
(Gain)/loss on sale of equipment		145,127
Loan Forgiveness		(131,720)
Changes in operating assets and liabilities:
Accounts receivable	2,137
Prepaid expenses		(20,873)
Prepaid inventory
Deposits, current	100,000
Deposits		3,502
Inventory	(49,388)	(22,185)
Accounts payable and accrued liabilities	41,640	(210,950)
Interest payable		(37,936)
Deferred rent		1,247
Estimated Warranty Liability	42
Deferred revenue	(8,199)	(3,814)
Sub lease security deposit		3,200
Net cash used in operating activities	(280,110)	(491,435)
Cash flows from investing activities
Purchase of equipment	(194,091)	(193,838)
Sale of equipment		370,000
Net cash provided by (used in) investing activities	(194,091)	176,162
Cash flows from financing activities
Repayments of finance leases	(34,045)	(403,942)
Payments of operating lease liability	(19,564)	(14,958)
Repayments of loans payable	(31,382)	(385,090)
Proceeds from Loan Payable	24,719
Proceeds from CARES Act Loan		14,304
Forgiveness of CARES Act Loan	(14,304)
Proceeds from sale of common stock	1,130,700	1,546,200
Proceeds from the sale of series B preferred stock		517,860
Payments of direct incremental costs associated with the sale of stock	(70,000)	(200,000)
Net cash provided by financing activities	986,124	1,074,374
Cash, beginning of period	390,197	150,741
Net change in cash	511,923	759,101
Cash, end of period	902,120	909,842
Supplemental cash flow information
Cash paid for interest	3,089	73,965
Cash paid for income taxes
Supplemental disclosure of non-cash financing activities
Finance leases entered into for purchase of equipment
Loan entered into for purchase of equipment	$ 1,099,900	$ 146,340

NATURE OF OPERATIONS AND ORGANI

NATURE OF OPERATIONS AND ORGANIZATION	3 Months Ended
	Jun. 30, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
NATURE OF OPERATIONS AND ORGANIZATION	NOTE 1 – NATURE OF OPERATIONS AND ORGANIZATION The Company was incorporated in the State of Washington on March 29, 2017 for the purpose of developing, designing, manufacturing and distributing hand tools. Upon incorporation, the Company entered into a share exchange agreement with Tribus Innovations, LLC (“Tribus Innovations”) and acquired all of the outstanding ownership interests of Tribus Innovations. Tribus Innovations was formed on December 1, 2015. The transaction was accounted for as a reverse merger and these financial statements present the historical financial information of Tribus Innovations from its inception and include the financial information of the Company from the completion of the share exchange agreement on March 29, 2017. Tribus Enterprises, Inc. was formed to develop, manufacture, and market a compelling product line of innovative ratcheting flare nut wrenches which have been issued a Patent Number 10,414,029. The Company’s ratcheting flare nut wrench product line, which includes line and O2/NOx sensor wrenches, are being sold in the hand tool industry. Historically there have been limited designs for the ratcheting flare nut wrench or the traditional non-ratcheting flare nut wrench. These designs do not allow for small incremental movement in confined spaces, whereas Tribus’ version of the ratcheting flare nut wrench breaks new ground in this market. Due to the wide application of Tribus Tools, Tribus has extensive marketing opportunities. Currently, Tribus has been selling its tools through on-line sales that include Facebook and Google ads and tool trucks. In the latter part of our fiscal year, we started selling our O2/NOx Sensor wrench on Amazon. While these efforts generated modest sales to date, it has provided Tribus with the feedback and assurance that the tools are needed, wanted, and provide value to our customers. During the quarter ending June 30, 2021, the Company focused most of its’ efforts implementing new equipment to expand operations while fine-tuning engineering product designs. As such, sales during the quarter were minimal as production was down for most of the quarter.

UNAUDITED CONDENSED CONSOLIDA_4

UNAUDITED CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS	3 Months Ended
	Jun. 30, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
UNAUDITED CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS	NOTE 2 – UNAUDITED CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS The accompanying unaudited condensed consolidated interim financial statements have been prepared by the Company without audit. In the opinion of management, all adjustments (which include only normal recurring adjustments) necessary to present fairly the financial position, results of operations, and cash flows for the periods ended June 30, 2021 and for all periods presented herein, have been made. Certain information and footnote disclosures normally included in consolidated financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been condensed or omitted. It is suggested that these condensed consolidated financial statements be read in conjunction with the financial statements and notes thereto included in the Company’s March 31, 2021 audited financial statements. The results of operations for the periods ended June 30, 2021 are not necessarily indicative of the operating results for the full year. These consolidated financial statements include the accounts of the Company and its wholly owned subsidiary, Tribus Innovations LLC. All intercompany balances and transactions are eliminated on consolidation. The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenue and expenses during the reported period. Actual results could differ from those estimates. Management further acknowledges that it is solely responsible for adopting sound accounting practices, establishing and maintaining a system of internal accounting control and preventing and detecting fraud. The Company’s system of internal accounting control is designed to assure, among other items, that (1) recorded transactions are valid; (2) all valid transactions are recorded and (3) transactions are recorded in the period in a timely manner to produce financial statements which present fairly the financial condition, results of operations and cash flows of the company for the respective periods being presented.

GOING CONCERN

GOING CONCERN	3 Months Ended
	Jun. 30, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
GOING CONCERN	NOTE 3 – GOING CONCERN The Company’s financial statements are prepared using accounting principles generally accepted in the United States of America applicable to a going concern, which contemplates the realization of assets and liquidation of liabilities in the normal course of business. However, the Company does not have significant cash or other current assets, nor does it have an established source of revenues sufficient to cover its operating costs which raises substantial doubt regarding the Company’s ability to continue as a going concern. Under the going concern assumption, an entity is ordinarily viewed as continuing in business for the foreseeable future with neither the intention nor the necessity of liquidation, ceasing trading, or seeking protection from creditors pursuant to laws or regulations. Accordingly, assets and liabilities are recorded on the basis that the entity will be able to realize its assets and discharge its liabilities in the normal course of business. The ability of the Company to continue as a going concern is dependent upon its ability to successfully execute its plans and eventually attain profitable operations. The accompanying financial statements do not include any adjustments that may be necessary if the Company is unable to continue as a going concern. The Company’s foreseeable cash requirements will relate to continual development of the operations of its business, maintaining its good standing and making the requisite filings with the Securities and Exchange Commission, and the payment of expenses associated with operations. The Company may experience a cash shortfall and be required to raise additional capital. Historically, it has mostly relied upon internally generated funds and funds from the sale of shares of stock to finance its operations and growth. Management may raise additional capital through future public or private offerings of the Company’s stock or through loans from private investors, although there can be no assurance that it will be able to obtain such financing. The Company’s failure to do so could have a material and adverse effect upon it and its shareholders.

REVENUE RECOGNITION

REVENUE RECOGNITION	3 Months Ended
	Jun. 30, 2021
Revenue from Contract with Customer [Abstract]
REVENUE RECOGNITION	NOTE 4 – REVENUE RECOGNITION The Company follows Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 606, Revenue from Contracts with Customers The Company offers a lifetime warranty for manufacturing defects on products sold. The Company has estimated future costs that will be incurred under its lifetime warranty program based on its historical defect rate. The amount of estimated warranty liability was $ 3,097 3,055 The Company recognized revenues of $ 31,609 7,454

ACCOUNTS RECEIVABLE

ACCOUNTS RECEIVABLE	3 Months Ended
	Jun. 30, 2021
Accounts Receivable
ACCOUNTS RECEIVABLE	NOTE 5 - ACCOUNTS RECEIVABLE Accounts receivable represents money due to the Company for products sold and delivered but not yet paid. The accounts receivable balance was $ 1,237 3,374

INVENTORY

INVENTORY	3 Months Ended
	Jun. 30, 2021
Inventory Disclosure [Abstract]
INVENTORY	NOTE 6 - INVENTORY The Company recognizes the cost of inventory through cost of goods sold as product is shipped to customers on an average cost basis. The value of inventory is carried at the lower of cost or market of raw materials purchased to manufacture the finished goods, direct labor associated with manufacturing and certain overhead related to the manufacturing facility. As of June 30, 2021, the Company’s finished goods inventory balance was $ 97,566 28,960 243,255 50,126 54,422 11,861 As of March 31, 2021, the Company’s finished goods inventory balance was $ 26,887 3,891 291,930 30,842 48,362 9,821

CURRENT DEPOSITS

CURRENT DEPOSITS	3 Months Ended
	Jun. 30, 2021
Current Deposits
CURRENT DEPOSITS	NOTE 7 - CURRENT DEPOSITS During the year ended March 31, 2021, the Company made a deposit of $ 100,000

EQUIPMENT

EQUIPMENT	3 Months Ended
	Jun. 30, 2021
Property, Plant and Equipment [Abstract]
EQUIPMENT	NOTE 8 – EQUIPMENT Property and equipment are stated at cost. Depreciation is computed using the average cost method over the estimated useful lives of the assets, which range from 3 10 As of June 30, 2021, the Company’s equipment net of accumulated depreciation was $ 2,877,562 1,625,022

DEFERRED REVENUE

DEFERRED REVENUE	3 Months Ended
	Jun. 30, 2021
Revenue from Contract with Customer [Abstract]
DEFERRED REVENUE	NOTE 9 - DEFERRED REVENUE Deferred revenue represents revenues collected but not earned as of June 30, 2021. This is primarily composed of rent or sales revenue received in advance of goods or services being delivered. The balance of deferred revenue was $ 4,050 12,249

OPERATING LEASES

OPERATING LEASES	3 Months Ended
	Jun. 30, 2021
Operating Leases
OPERATING LEASES	NOTE 10 – OPERATING LEASES In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842), Leases, Topic 842 Topic 840 On March 23, 2017, the Company entered into a lease agreement for the rent of warehouse space that terminates on April 30, 2022 which was amended on May 20, 2017. Additionally, on March 12, 2019, the Company entered into an additional lease for the rent of warehouse space that terminates on March 31, 2022. On April 1, 2019, the Company recorded a right of use asset and operating lease liability totaling $ 207,359 25 19,565 71,164 Subsequent to June 30, 2021, the Company entered into a short-term lease for the rent of an additional warehouse that terminates on March 31, 2022 32,645 The leases require future minimum payments as shown below: Year Ending March 31, 2022 107,534 2023 4,321 111,855 Less imputed interest (8,046 ) Operating lease liability, total $ 103,809 On May 8, 2019, the Company entered into a sublease agreement whereby it will sublet a portion of its space for a period of twelve months commencing on May 1, 2019. The sublease requires a prorated amount of rent of $ 1,800 4,100 April 2020 23 June 1, 2020 1,200 On May 11, 2020, the Company entered into a separate sublease agreement whereby it will sublet a portion of its space for a period of 24 May 1, 2020 1,875 1,510 The Company records sublease payments received as other income in the statement of operations. Sublease income of $ 13,755 8,378 The subleases provide future income as shown below: Year Ending March 31, 2022 27,675 2023 3,075 Other income from subleases, total $ 30,750

FINANCING LEASES PAYABLE

FINANCING LEASES PAYABLE	3 Months Ended
	Jun. 30, 2021
Leases [Abstract]
FINANCING LEASES PAYABLE	NOTE 11 – FINANCING LEASES PAYABLE In February 206, the FASB issued ASU 2016-02, Leases (Topic 842), Leases, Topic 842 Topic 840 The Company accounts for financing leases in accordance with ASC 842. As of December 31, 2020, the Company had three outstanding long-term leases for equipment that grants the Company the option to purchase the underlying asset at lease termination that the Company is reasonably certain to exercise. The Company determined these were financing leases based on the reasonable certainty the Company will exercise its right to purchase the underlying assets and capitalized the net present value of the leases which totaled $ 347,512 11,764 As of June 30, 2021, there was a total of $ 217,702 4,099 213,603 137,905 75,698 Future annual payments required under the financing leases through termination are as follows: Year Ending March 31, Principal Interest Total 2022 103,168 2,712 105,880 2023 105,773 1,221 106,994 2024 4,293 164 4,457 2025 369 2 371 $ 213,603 $ 4,099 $ 217,702 As of March 31, 2021, there was a total of $ 252,996 5,348 247,648 137,213 110,435

LOANS PAYABLE

LOANS PAYABLE	3 Months Ended
	Jun. 30, 2021
Debt Disclosure [Abstract]
LOANS PAYABLE	NOTE 12 – LOANS PAYABLE As of June 30, 2021, the Company had outstanding three separate loan agreements and one loan that was forgiven during the period. ● June 1, 2019, the Company entered into a loan to borrow $ 34,222 6.59 24,720 2.890 ● On January 20, 2021, the Company entered into a short-term loan with a related party in the amount of $ 150,000 eleven 2,500 4.017 ● On February 18, 2021, the Company entered into a verbal loan for equipment valued at $ 352,696 1,199,900 42,000 ● On May 1, 2020, the Company received loan proceeds in the amount of $ 14,304 Total loans outstanding as of June 30, 2021 were $ 1,608,348 1,588,686 19,662 Total loans outstanding as of March 31, 2021 were $ 529,415 273,528 255,887

CAPITAL STOCK

CAPITAL STOCK	3 Months Ended
	Jun. 30, 2021
Equity [Abstract]
CAPITAL STOCK	NOTE 13 – CAPITAL STOCK Authorized The Company is authorized to issue up to 20,000,000 0.001 5,000,000 0.001 100,000,000 0.001 The holders of the Series A Preferred Stock are entitled to 10 votes for each share held. Each share of Series A Preferred Stock is convertible into 10 shares of Common Stock at the discretion of the Company’s directors. In the event that there is a change of control transaction, each share of Series A Preferred Stock is convertible into 10 shares of Common Stock at the option of the holder. The holders of the Series A Preferred Stock are entitled to participate in dividends. Dividends are non-cumulative and are at the discretion of the Company’s directors. The holders of the Series B Preferred Stock are entitled to 4 votes for each share held. Each share of Series B Preferred Stock is convertible into 4 shares of Common Stock at the discretion of the stockholder. The holders of the Series B Preferred Stock are entitled to participate in dividends. Dividends are non-cumulative and are at the discretion of the Company’s directors. Issued During the three months ended June 30, 2021, the Company accepted stock subscriptions to issue a total of 1,130,700 1.00 1,130,700 602,500 There were 6,666,666 4,999,800 35,551,858 There were 6,666,666 4,999,800 34,421,158

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	3 Months Ended
	Jun. 30, 2021
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 14 – SUBSEQUENT EVENTS Subsequent to June 30, 2021, the Company issued an additional 432,000 249,000 4,000

OPERATING LEASES (Tables)

OPERATING LEASES (Tables)	3 Months Ended
	Jun. 30, 2021
Operating Leases
The leases require future minimum payments as shown below:	The leases require future minimum payments as shown below: Year Ending March 31, 2022 107,534 2023 4,321 111,855 Less imputed interest (8,046 ) Operating lease liability, total $ 103,809
The subleases provide future income as shown below:	The subleases provide future income as shown below: Year Ending March 31, 2022 27,675 2023 3,075 Other income from subleases, total $ 30,750

FINANCING LEASES PAYABLE (Table

FINANCING LEASES PAYABLE (Tables)	3 Months Ended
	Jun. 30, 2021
Leases [Abstract]
Future annual payments required under the financing leases through termination are as follows:	Future annual payments required under the financing leases through termination are as follows: Year Ending March 31, Principal Interest Total 2022 103,168 2,712 105,880 2023 105,773 1,221 106,994 2024 4,293 164 4,457 2025 369 2 371 $ 213,603 $ 4,099 $ 217,702

REVENUE RECOGNITION (Details Na

REVENUE RECOGNITION (Details Narrative) - USD ($)	3 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Mar. 31, 2021
Revenue from Contract with Customer [Abstract]
Warranty liability	$ 3,097		$ 3,055
Revenue	$ 31,609	$ 7,454

ACCOUNTS RECEIVABLE (Details Na

ACCOUNTS RECEIVABLE (Details Narrative) - USD ($)	Jun. 30, 2021	Mar. 31, 2021
Accounts Receivable
Accounts receivable	$ 1,237	$ 3,374

INVENTORY (Details Narrative)

INVENTORY (Details Narrative) - USD ($)	Jun. 30, 2021	Mar. 31, 2021
Inventory Disclosure [Abstract]
Finished goods	$ 97,566	$ 26,887
Inventory valuation	28,960	3,891
Work in process	243,255	291,930
Raw materials	50,126	30,842
Tooling inventory	54,422	48,362
Packaging inventory	$ 11,861	$ 9,821

CURRENT DEPOSITS (Details Narra

CURRENT DEPOSITS (Details Narrative)	Jun. 30, 2021USD ($)
Current Deposits
Deposit	$ 100,000

EQUIPMENT (Details Narrative)

EQUIPMENT (Details Narrative) - USD ($)	3 Months Ended
	Jun. 30, 2021	Mar. 31, 2021
Property, Plant and Equipment [Line Items]
Equipment net of accumulated depreciation	$ 409,631	$ 368,180
Minimum [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, useful life	3 years
Maximum [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, useful life	10 years

DEFERRED REVENUE (Details Narra

DEFERRED REVENUE (Details Narrative) - USD ($)	Jun. 30, 2021	Mar. 31, 2021
Revenue from Contract with Customer [Abstract]
Deferred revenue	$ 4,050	$ 12,249

The leases require future minim

The leases require future minimum payments as shown below: (Details)	Jun. 30, 2021USD ($)
Operating Leases
2022	$ 107,534
2023	4,321
	111,855
Less imputed interest	(8,046)
Operating lease liability, total	$ 103,809

The subleases provide future in

The subleases provide future income as shown below: (Details)	Jun. 30, 2021USD ($)
Operating Leases
2022	$ 27,675
2023	3,075
Other income from subleases, total	$ 30,750

OPERATING LEASES (Details Narra

OPERATING LEASES (Details Narrative) - USD ($)	May 28, 2020	May 11, 2020	May 31, 2019	Jun. 30, 2021	Jun. 30, 2020	Mar. 31, 2021	Apr. 02, 2019
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Operating lease liability right of use asset				$ 75,404		$ 93,929	$ 207,359
Operating lease, imputed interest rate							25.00%
Operating lease liability, net of current portion				$ 71,164		$ 86,495
Maturity date				Mar. 31, 2022
Future minimum payments				$ 32,645
Other Nonoperating Income (Expense) [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Sublease income				$ 13,755	$ 8,378
Sublease Agreement [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Operating sublease, portion of rent			$ 1,800
Operating sublease, monthly rental payments		$ 1,875	$ 4,100
Sublease maturity date			April 2020
Sublease maturity terms		24 months
Sublease commencing date		May 1, 2020
Operating sublease, rent for additional space		$ 1,510
New Sublease Agreement [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Operating sublease, monthly rental payments	$ 1,200
Sublease maturity terms	23 months
Sublease commencing date	Jun. 1, 2020

Future annual payments required

Future annual payments required under the financing leases through termination are as follows: (Details)	Jun. 30, 2021USD ($)
Customer Securities for which Entity has Right to Sell or Repledge (Including Securities Sold or Repledged) [Line Items]
2022	$ 105,880
2023	106,994
2024	4,457
2025	371
	217,702
Finance Leases [Member]
Customer Securities for which Entity has Right to Sell or Repledge (Including Securities Sold or Repledged) [Line Items]
2022	103,168
2023	105,773
2024	4,293
2025	369
	213,603
Interest Payable [Member]
Customer Securities for which Entity has Right to Sell or Repledge (Including Securities Sold or Repledged) [Line Items]
2022	2,712
2023	1,221
2024	164
2025	2
	$ 4,099

FINANCING LEASES PAYABLE (Detai

FINANCING LEASES PAYABLE (Details Narrative) - USD ($)	3 Months Ended
	Jun. 30, 2021	Mar. 31, 2021
Obligation with Joint and Several Liability Arrangement [Line Items]
Capitalized net present value	$ 347,512
Finance Lease, Liability, Payment, Due, Total	217,702	$ 252,996
Finance Lease, Liability, Undiscounted Excess Amount	4,099	5,348
Finance Lease, Liability, Total	213,603	247,648
Finance Lease, Liability, Current	137,905	137,213
Finance Lease, Liability, Noncurrent	75,698	$ 110,435
Capital Lease Obligations [Member]
Obligation with Joint and Several Liability Arrangement [Line Items]
Debt Instrument, Periodic Payment, Total	$ 11,764

LOANS PAYABLE (Details Narrativ

LOANS PAYABLE (Details Narrative) - USD ($)	May 01, 2021	Feb. 18, 2021	Jan. 20, 2021	Jun. 30, 2021	May 07, 2021	Apr. 30, 2021	Mar. 31, 2021	Jun. 01, 2019
Short-term Debt [Line Items]
Equipment value				$ 2,877,562			$ 1,625,022
Secured debt				1,608,348			529,415
Secured debt, current				1,588,686			273,528
Secured debt, noncurrent				$ 19,662			$ 255,887
Equipment [Member] | Verbal Loan Agreement [Member]
Short-term Debt [Line Items]
Monthly loan payments		$ 42,000
Equipment value		$ 352,696				$ 1,199,900
Related Parties [Member]
Short-term Debt [Line Items]
Interest rate			4.017%
Short-term loan			$ 150,000
Monthly loan payments			$ 2,500
The 6.59% Loan Payable [Member]
Short-term Debt [Line Items]
Debt face amount								$ 34,222
Interest rate								6.59%
The 652 Loan Payable [Member]
Short-term Debt [Line Items]
Debt face amount					$ 24,720
Interest rate					2.89%
Paycheck Protection Program [Member]
Short-term Debt [Line Items]
Loan proceeds	$ 14,304

CAPITAL STOCK (Details Narrativ

CAPITAL STOCK (Details Narrative) - USD ($)	3 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Mar. 31, 2021
Class of Stock [Line Items]
Common stock, par value (in dollars per share)	$ 0.001		$ 0.001
Proceeds from issuance of common stock	$ 1,130,700	$ 1,546,200
Common stock, issued	35,551,858		34,421,158
Common stock, outstanding	35,551,858		34,421,158
Commo Stock Subscriber [Member] | Subscription Agreements [Member]
Class of Stock [Line Items]
Number of shares subscribed	1,130,700
Common stock, par value (in dollars per share)	$ 1
Proceeds from issuance of common stock	$ 1,130,700
Related Parties [Member]
Class of Stock [Line Items]
Proceeds from issuance of common stock	$ 602,500
Common Stock [Member]
Class of Stock [Line Items]
Preferred stock, authorized	100,000,000
Preferred stock, par value (in dollars per share)	$ 0.001
Series A Preferred Stock [Member]
Class of Stock [Line Items]
Preferred stock, authorized	20,000,000		20,000,000
Preferred stock, par value (in dollars per share)	$ 0.001		$ 0.001
Preferred stock, issued	6,666,666		6,666,666
Preferred stock, outstanding	6,666,666		6,666,666
Series B Preferred Stock [Member]
Class of Stock [Line Items]
Preferred stock, authorized	5,000,000		5,000,000
Preferred stock, par value (in dollars per share)	$ 0.001		$ 0.001
Preferred stock, issued	4,999,800		4,999,800
Preferred stock, outstanding	4,999,800		4,999,800

SUBSEQUENT EVENTS (Details Narr

SUBSEQUENT EVENTS (Details Narrative) - USD ($)	Jul. 01, 2021	Jun. 30, 2021	Mar. 31, 2021
Subsequent Event [Line Items]
Equipment value		$ 2,877,562	$ 1,625,022
Subsequent Event [Member]
Subsequent Event [Line Items]
Monthly loan payments	$ 4,000
Related Parties [Member] | Subsequent Event [Member]
Subsequent Event [Line Items]
Number of additional common shares issued	432,000
Equipment value	$ 249,000