Tribus Enterprises 10-Q 19 Aug 20 2021 Q1 Quarterly report Financial data

Cover

Cover - shares	3 Months Ended
	Jun. 30, 2020	Aug. 19, 2020
Cover [Abstract]
Entity Registrant Name	Tribus Enterprises, Inc.
Entity Central Index Key	0001706573
Document Type	10-Q
Document Period End Date	Jun. 30, 2020
Amendment Flag	false
Current Fiscal Year End Date	--03-31
Entity File Number	333-197642
Entity Incorporation, State or Country Code	WA
Entity Reporting Status Current	No
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Entity Common Stock, Shares Outstanding (in shares)		13,545,658
Entity Shell Company	false
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2021

UNAUDITED CONDENSED CONSOLIDATE

UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)	Jun. 30, 2020	Mar. 31, 2020
Current assets
Cash	$ 909,842	$ 150,741
Inventory, net of inventory valuation of $43,723 and $0, respectively (Note 6)	31,775	9,590
Deposits, current
Prepaid expenses	36,384	15,511
Total current assets	978,001	175,842
Deposits	37,835	41,337
Right of use asset, operating leases	142,824	157,117
Equipment, net of accumulated depreciation of $389,638 and $552,435, respectively	1,005,654	1,265,559
Total assets	2,164,314	1,639,855
Current liabilities
Accounts payable and accrued liabilities	204,120	415,070
Interest payable	24,002	61,938
Accrued rent
Deferred revenue (Note 5)	1,247	3,814
Operating lease liability, current (Note 8)	70,813	66,206
Finance lease, current (Note 10)	86,989	340,303
Loans payable, current (Note 9)	117,824	339,969
Total current liabilities	504,995	1,227,300
Operating lease liability, net of current portion (Note 8)	71,165	90,730
Finance lease, net of current portion (Note 10)	99,906	382,254
Loans payable, net of current portion (Note 9)	23,726	26,027
Other Long-Term Liabilities	3,200
Total liabilities	702,992	1,726,311
Commitments and contingencies
Stockholders' equity
Common stock, $0.001 par value; 100,000,000 authorized; 13,545,658 and 7,360,858 issued and outstanding at June 30, 2020 and March 31, 2020, respectively (Note 7)	13,546	7,361
Additional paid in capital	5,457,888	3,600,752
Accumulated deficit	(4,034,762)	(3,718,479)
Total stockholders' equity	1,461,322	(86,456)
Total liabilities and stockholders' equity	2,164,314	1,639,855
Series A Convertible Preferred Stock [Member]
Stockholders' equity
Preferred stock	20,000	20,000
Total stockholders' equity	20,000	20,000
Series B Preferred Stock [Member]
Stockholders' equity
Preferred stock	4,650	3,910
Total stockholders' equity	$ 4,650	$ 3,910

UNAUDITED CONDENSED CONSOLIDA_2

UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($)	Jun. 30, 2020	Mar. 31, 2020
Inventory valuation	$ 43,723	$ 0
Accumulated depreciation	$ 389,638	$ 552,435
Common stock, par value (in dollars per share)	$ 0.001	$ 0.001
Common stock, authorized	100,000,000	100,000,000
Common stock, issued	13,545,658	7,360,858
Common stock, outstanding	13,545,658	7,360,858
Series A Convertible Preferred Stock [Member]
Preferred stock, par value (in dollars per share)	$ 0.001	$ 0.001
Preferred stock, authorized	20,000,000	20,000,000
Preferred stock, issued	19,999,998	19,999,998
Preferred stock, outstanding	19,999,998	19,999,998
Series B Preferred Stock [Member]
Preferred stock, par value (in dollars per share)	$ 0.001	$ 0.001
Preferred stock, authorized	5,000,000	5,000,000
Preferred stock, issued	4,649,800	3,910,000
Preferred stock, outstanding	4,649,800	3,910,000

UNAUDITED CONDENSED CONSOLIDA_3

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)	3 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Income Statement [Abstract]
Revenue	$ 7,454	$ 0
Cost of goods sold	77,568
Gross margin	(70,114)
Operating expenses
Employee costs	46,527	58,445
Professional fees	10,998	60,020
General and administrative	36,485	88,574
Facilities	24,678	19,018
Research and development	12,781	9,765
Depreciation expense	79,987	65,728
Total operating expenses	211,456	301,550
Net loss from operations	(281,570)	(301,550)
Other income (expense)
Other income	149,956	9,328
Other expense	(3,513)
Loss on sale of equipment	(145,127)	(1,752)
Interest expense	(36,029)	(61,424)
Total other income (expense)	(34,713)	(53,848)
Income tax
Net and comprehensive loss	$ (316,283)	$ (355,398)
Net loss per share, basic and diluted (in dollars per share)	$ (0.03)	$ (0.05)
Weighted average shares outstanding, basic and diluted (in shares)	11,637,465	7,185,298

UNAUDITED CONDENSED CONSOLIDA_4

UNAUDITED CONDENSED CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY - USD ($)	Series A Convertible Preferred Stock [Member]	Series B Preferred Stock [Member]	Common Stock [Member]	Additional Paid-In Capital [Member]	Accumulated Deficit [Member]	Total
Balance at Mar. 31, 2019	$ 20,000	$ 1,366	$ 7,185	$ 1,818,694	$ (1,407,042)	$ 440,203
Balance (in shares) at Mar. 31, 2019	19,999,998	1,365,625	7,184,858
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Series B preferred stock issued for cash		$ 312		249,188		249,500
Series B preferred stock issued for cash (in shares)		311,875
Common stock issued for cash			$ 4	996		1,000
Common stock issued for cash (in shares)			4,000
Direct Incremental Costs
Net loss					(355,398)	(355,398)
Balance at Jun. 30, 2019	$ 20,000	$ 1,678	$ 7,189	2,068,878	(1,762,440)	335,305
Balance (in shares) at Jun. 30, 2019	19,999,998	1,677,500	7,188,858
Balance at Mar. 31, 2020	$ 20,000	$ 3,910	$ 7,361	3,600,752	(3,718,479)	(86,456)
Balance (in shares) at Mar. 31, 2020	19,999,998	3,910,000	7,360,858
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Series B preferred stock issued for cash		$ 740		517,120		517,860
Series B preferred stock issued for cash (in shares)		739,800
Common stock issued for cash			$ 6,185	1,540,016		$ 1,546,201
Common stock issued for cash (in shares)		739,800	6,184,800
Direct Incremental Costs				(200,000)		$ (200,000)
Net loss					$ (316,283)	(316,283)
Balance at Jun. 30, 2020	$ 20,000	$ 4,650	$ 13,546	$ 5,457,888	$ (4,034,762)	$ 1,461,322
Balance (in shares) at Jun. 30, 2020	19,999,998	4,649,800	13,545,658

UNAUDITED CONDENSED CONSOLIDA_5

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	3 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Cash flows from operating activities
Net loss	$ (316,283)	$ (355,398)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation	99,250	75,010
Loss on sale of equipment	145,127	1,751
Loan Forgiveness	(131,720)
Changes in operating assets and liabilities:
Prepaid expenses	(20,873)	20,000
Deposits	3,502
Accounts payable and accrued liabilities	(210,950)	66,910
Interest payable	(37,936)	43,438
Deferred rent	1,247	(2,448)
Deferred revenue	(3,814)
Inventory	(22,185)	(6,907)
Sub lease security deposit	3,200
Net cash used in operating activities	(491,435)	(157,644)
Cash flows from investing activities
Purchase of equipment	(193,838)	(30,918)
Sale of equipment	370,000
Net cash provided by (used in) investing activities	176,162	(30,918)
Cash flows from financing activities
Repayments of capital leases	(403,942)	(2,490)
Payments on operating lease liability	(14,958)	(9,447)
Proceeds from loans payable		(35,856)
Repayments of loans payable	(385,090)
Proceeds from CARES Act Loan	14,304
Proceeds from sale of common stock	1,546,200	1,000
Proceeds from the sale of series B preferred stock	517,860	249,500
Payments of direct incremental costs associated with the sale of stock	(200,000)
Net cash provided by financing activities	1,074,374	202,707
Cash, beginning of period	150,741	33,970
Net change in cash	759,101	14,145
Cash, end of period	909,842	48,115
Supplemental cash flow information
Cash paid for interest	73,965	22,912
Cash paid for income taxes
Supplemental disclosure of non-cash financing activities
Loan entered into for purchase of equipment	146,340	301,161
Loan entered into for purchase of vehicle		$ 34,222

NATURE OF OPERATIONS AND ORGANI

NATURE OF OPERATIONS AND ORGANIZATION	3 Months Ended
	Jun. 30, 2020
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. The Company has realized minimal revenues from its planned business activities.

UNAUDITED CONDENSED CONSOLDIATE

UNAUDITED CONDENSED CONSOLDIATED INTERIM FINANCIAL STATEMENTS	3 Months Ended
	Jun. 30, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
UNAUDITED CONDENSED CONSOLDIATED INTERIM FINANCIAL STATEMENTS	NOTE 2 – UNAUDITED CONDENSED CONSOLDIATED 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, 2020 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, 2020 audited financial statements. The results of operations for the periods ended June 30, 2020 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, 2020
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. During the next year, 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 research and development. 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, 2020
Revenue Recognition and Deferred Revenue [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 limited lifetime warranty for manufacturing defects only on product sold. Due to sales recently occurring, the Company is unable to reasonably estimate future costs that will be incurred under its lifetime warranty program on revenue recognized as of June 30, 2020. However, the Company anticipates the amounts associated with revenues recognized as of June 30, 2020 to be immaterial to the financial statements. The Company recognized revenues of $7,454 and $0 during the three months ended June 30, 2020 and 2019, respectively.

DEFERRED REVENUE

DEFERRED REVENUE	3 Months Ended
	Jun. 30, 2020
Revenue from Contract with Customer [Abstract]
DEFERRED REVENUE	NOTE 5 - DEFERRED REVENUE Deferred revenue represents revenues collected but not earned as of June 30, 2020. This is primarily composed of rent or sales revenue received in advance of goods or services being delivered. The balance of deferred revenue was $1,247 and $3,814 as of June 30, 2020 and March 31, 2020, respectively.

INVENTORY

INVENTORY	3 Months Ended
	Jun. 30, 2020
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 a first in, first out 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, 2020, the Company’s finished goods inventory balance was $54,373. This balance is recorded net of inventory valuation of $43,723 in order to bring the value of finished goods inventory to the lower of cost or market. In addition, the Company had $21,125 in work in process inventory as of June 30, 2020. The March 31, 2020 inventory balance of $9,590 was all raw materials.

CAPITAL STOCK

CAPITAL STOCK	3 Months Ended
	Jun. 30, 2020
Equity [Abstract]
CAPITAL STOCK	NOTE 7 – CAPITAL STOCK Authorized The Company is authorized to issue up to 20,000,000 shares of $0.001 par value Series A Preferred Stock, 5,000,000 shares of $0.001 par value Series B Preferred Stock and 100,000,000 shares of $0.001 par value Common Stock. 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, 2020, the Company accepted stock subscriptions to issue a total of 6,184,800 shares of common stock at $0.25 per share resulting in total cash proceeds of $1,546,201. Of this amount, 6,148,560 shares of common stock were issued to related parties for total cash proceeds of $1,537,140. During the three months ended June 30, 2020, the Company issued a total of 739,800 shares of Series B Convertible Preferred Stock for total cash proceeds of $517,860. All was issued to related parties. Additionally, the Company paid approximately $200,000 to a related party as a finders’ fee in conjunction with the sale of equity investments. The finder’s fee is considered a direct incremental cost associated with the sale of the stock and as such is treated as a reduction to the proceeds and, accordingly as an offset to additional paid in capital. There were 19,999,998; 4,649,800 and 13,545,658 shares of Series A Convertible Preferred Stock, Series B Preferred Stock and Common Stock issued and outstanding as of June 30, 2020. There were 19,999,998, 3,910,000 and 7,360,858 shares of Series A Convertible Preferred Stock, Series B Preferred Stock and Common Stock issued and outstanding as of March 31, 2020.

OPERATING LEASES

OPERATING LEASES	3 Months Ended
	Jun. 30, 2020
Leases [Abstract]
OPERATING LEASES	NOTE 8 – OPERATING LEASES 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 using an imputed interest rate of 25% on its operating leases, equal to the approximate weighted average interest rate imputed on the Company’s existing capital leases. During the three months ended June 30, 2020, the Company made total principal payments on operating leases of $14,958. There was a total operating lease liability of $141,978 as of June 30, 2020 of which $70,813 was current and $71,165 was long term. The leases require future minimum payments as shown below: Year ending March 31, 2021 73,746 2022 99,725 2023 4,321 Total payments 177,792 Less: imputed interest (35,814 ) Operating lease liability, total $ 141,978 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 for May 2019 followed by eleven monthly payments of $4,100 through April 2020. On May 28, 2020, a new sublease agreement was entered into for a period of 23 months commencing on June 1, 2020. The sublease requires monthly rental payments of $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 months commencing on May 1, 2020. The sublease requires monthly rental payments of $1,875. In addition, a verbal agreement was entered into on a month to month basis for additional space to sublet as needed for a monthly rental payment of $1,510. The Company records sublease payments received as other income in the statement of operations resulting in other income of $8,378 and $9,000 being recognized during the three months ended June 30, 2020 and 2019, respectively. The Company has not been released from its obligations under the master lease and accounts for rental income from subleases on a straight line basis monthly. As of June 30, 2020, the sublease did not impair the right of use asset recorded as part of the master lease agreement. The subleases provide future income as shown below: Year ending March 31, 2021 27,675 2022 36,900 2023 3,075 Other income from subleases, total $ 67,650

LOANS PAYABLE

LOANS PAYABLE	3 Months Ended
	Jun. 30, 2020
Debt Disclosure [Abstract]
LOANS PAYABLE	NOTE 9 – LOANS PAYABLE As of March 31, 2020, the Company had outstanding two separate loan agreements to purchase equipment totaling $407,644, each with no stated interest rate. • The first loan was for equipment valued at $270,604 and required $27,990 down with six monthly payments of $5,000 and a balloon payment of $221,910 unless otherwise negotiated prior to maturity. During the three months ended December 31, 2019, the Company renegotiated the note to require monthly payments of $5,000 until paid in full, removing the balloon payment. During the three months ended June 30, 2020 this loan was paid in full. • The second loan was for equipment valued at $137,040 and required $5,000 down with 6 monthly payments of $1,000 and a balloon payment of $126,040 unless otherwise negotiated prior to maturity. During the three months ended December 31, 2019, the Company renegotiated the note to require monthly payments of $5,000 until paid in full, removing the balloon payment. During the three months ended June 30, 2020 this loan was paid in full. On April 28, 2020, the Company entered into an agreement to purchase equipment totaling $146,340. The agreement required $29,268 down with six monthly payments of $5,000 and the remaining balance due thereafter. During the three months ending June 30, 2020, the Company applied an additional $13,500 toward the loan. As of June 30,2020, there was a total of $98,572 due all of which is current. On June 1, 2019, the Company entered into a loan to borrow $34,222 to purchase a vehicle. As part of the agreement, the Company traded in its existing vehicle for total consideration of $19,464 resulting in a net loss recorded on the asset of $1,751. The loan carries interest at a rate of 6.59% per annum and matures in September 2025. As of June 30, 2020, there was a total of $28,674 due of which $4,948 was current. Total loans outstanding at June 30, 2020 were $141,550 of which $117,824 was current and $23,726 was long term.

FINANCING LEASES PAYABLE

FINANCING LEASES PAYABLE	3 Months Ended
	Jun. 30, 2020
Leases [Abstract]
FINANCING LEASES PAYABLE	NOTE 10 – 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 June 30,2020, the Company had one outstanding long-term lease 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 this was a financing lease based on the reasonable certainty the Company will exercise its right to purchase the underlying assets and capitalized the net present value of the lease which totaled $275,950 as equipment. The leases require total monthly payments of $5,369. As of June 30, 2020, there was a total of $242,308 of future payments due through February 2023 of which $55,413 are financing charges leaving a total principal balance of $186,895. Of the total principal balance due, $86,989 was current and $99,906 was long term as of June 30, 2020. Future annual payments required under the capital lease through termination are as follows: Principal Interest Total Year ended March 31, 2021 74,725 38,025 112,750 2022 51,769 12,659 64,428 2023 60,401 4,729 65,130 Total $ 186,895 $ 55,413 $ 242,308

LEGAL PROCEEDINGS

LEGAL PROCEEDINGS	3 Months Ended
	Jun. 30, 2020
Commitments and Contingencies Disclosure [Abstract]
LEGAL PROCEEDINGS	NOTE 11 – LEGAL PROCEEDINGS During the year ended March 31, 2020, the Company was a party to two separate lawsuits. The company settled each lawsuit on June 19, 2020 that required a cash settlement totaling $140,750 which was included in accounts payable and accrued liabilities as of March 31, 2020.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	3 Months Ended
	Jun. 30, 2020
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 12 – SUBSEQUENT EVENTS The Company evaluated all events occurring subsequent to June 30, 2020 and through the date of this filing and determined there were no additional disclosures required.

OPERATING LEASES (Tables)

OPERATING LEASES (Tables)	3 Months Ended
	Jun. 30, 2020
Leases [Abstract]
Schedule of leases require future minimum payments	The leases require future minimum payments as shown below: Year ending March 31, 2021 73,746 2022 99,725 2023 4,321 Total payments 177,792 Less: imputed interest (35,814 ) Operating lease liability, total $ 141,978
Schedule of other income from subleases	The subleases provide future income as shown below: Year ending March 31, 2021 27,675 2022 36,900 2023 3,075 Other income from subleases, total $ 67,650

FINANCING LEASES PAYABLE (Table

FINANCING LEASES PAYABLE (Tables)	3 Months Ended
	Jun. 30, 2020
Leases [Abstract]
Schedule of future annual payments	Future annual payments required under the capital lease through termination are as follows: Principal Interest Total Year ended March 31, 2021 74,725 38,025 112,750 2022 51,769 12,659 64,428 2023 60,401 4,729 65,130 Total $ 186,895 $ 55,413 $ 242,308

REVENUE RECOGNITION (Details Na

REVENUE RECOGNITION (Details Narrative) - USD ($)	3 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Revenue Recognition and Deferred Revenue [Abstract]
Revenue	$ 7,454	$ 0

DEFERRED REVENUE (Details Narra

DEFERRED REVENUE (Details Narrative) - USD ($)	Jun. 30, 2020	Mar. 31, 2020
Revenue from Contract with Customer [Abstract]
Deferred revenue	$ 1,247	$ 3,814

INVENTORY (Details Narrative)

INVENTORY (Details Narrative) - USD ($)	Jun. 30, 2020	Mar. 31, 2020
Inventory Disclosure [Abstract]
Inventory valuation	$ 43,723	$ 0
Finished goods	54,373
Work in process	$ 21,125
Raw materials		$ 9,590

CAPITAL STOCK (Details Narrativ

CAPITAL STOCK (Details Narrative)	3 Months Ended
	Jun. 30, 2020USD ($)Number$ / sharesshares	Jun. 30, 2019USD ($)	Mar. 31, 2020$ / sharesshares	Mar. 31, 2019shares
Common stock, par value (in dollars per share) | $ / shares	$ 0.001		$ 0.001
Common stock, authorized	100,000,000		100,000,000
Common stock, outstanding	13,545,658		7,360,858
Proceeds from issuance of common stock | $	$ 1,546,200	$ 1,000
Number of stock issued
Common stock, issued	13,545,658		7,360,858
Commo Stock Subscriber [Member] | Subscription Agreements [Member]
Common stock, par value (in dollars per share) | $ / shares	$ 0.25
Number of shares subscribed	6,184,800
Proceeds from issuance of common stock | $	$ 1,546,201
Series B Preferred Stock [Member]
Preferred stock, voting rights | Number	4
Number of conversion of convertible shares	4
Number of stock issued	739,800
Proceeds from issuance of convertible preferred stock | $	$ 517,860
Preferred stock, issued	4,649,800		3,910,000	3,910,000
Preferred stock, outstanding	4,649,800		3,910,000	3,910,000
Preferred stock, par value (in dollars per share) | $ / shares	$ 0.001		$ 0.001
Preferred stock, authorized	5,000,000		5,000,000
Series A Convertible Preferred Stock [Member]
Preferred stock, voting rights | Number	10
Number of conversion of convertible shares	10
Preferred stock, issued	19,999,998		19,999,998	19,999,998
Preferred stock, outstanding	19,999,998		19,999,998	19,999,998
Preferred stock, par value (in dollars per share) | $ / shares	$ 0.001		$ 0.001
Preferred stock, authorized	20,000,000		20,000,000
Related Parties [Member]
Proceeds from issuance of common stock | $	$ 1,537,140
Common stock, issued	6,148,560
Sale of Equity Instrument [Member]
Expenses from transactions with related party | $	$ 200,000

OPERATING LEASES (Details)

OPERATING LEASES (Details)	Jun. 30, 2020USD ($)
Leases [Abstract]
2021	$ 73,746
2022	99,725
2023	4,321
Total payments	177,792
Less: imputed interest	(35,814)
Operating lease liability, total	$ 141,978

OPERATING LEASES (Details 1)

OPERATING LEASES (Details 1)	Jun. 30, 2020USD ($)
Leases [Abstract]
2021	$ 27,675
2022	36,900
2023	3,075
Other income from subleases, total	$ 67,650

OPERATING LEASES (Details Narra

OPERATING LEASES (Details Narrative) - USD ($)	May 28, 2020	May 11, 2020	May 08, 2019	May 31, 2019	Jun. 30, 2020	Jun. 30, 2019	Mar. 31, 2020	Apr. 02, 2019
Operating lease liability right of use asset					$ 142,824		$ 157,117	$ 207,359
Operating lease liability					141,978
Operating lease, imputed interest rate								25.00%
Operating leases payments					14,958
Operating lease liability, current					70,813		66,206
Operating lease liability, net of current portion					71,165		$ 90,730
Other Nonoperating Income (Expense) [Member]
Sublease income					$ 8,378	$ 9,000
Sublease Agreement [Member]
Operating sublease, monthly rental payments		$ 1,875		$ 4,100
Operating sublease, portion of rent				$ 1,800
Operating sublease, rent for additional space		$ 1,510
Sublease maturity terms		24 months	12 months
Sublease commencing date		May 1, 2020	May 1, 2019
Sublease payment terms				11 months
Sublease maturity date				Apr. 30, 2020
New Sublease Agreement [Member]
Operating sublease, monthly rental payments	$ 1,200
Sublease maturity terms	23 months
Sublease commencing date	Jun. 1, 2020

LOANS PAYABLE (Details Narrativ

LOANS PAYABLE (Details Narrative) - USD ($)	Jun. 01, 2019	Jun. 30, 2020	Dec. 31, 2019	Jun. 30, 2019	Apr. 28, 2020	Mar. 31, 2020
Secured Debt, Total		$ 141,550
Proceeds from Sale of Property, Plant, and Equipment, Total		370,000
Gain (Loss) on Disposition of Property Plant Equipment, Total		(145,127)		$ (1,751)
Secured Long-term Debt, Noncurrent		23,726				$ 26,027
Secured Debt, Current		117,824				$ 339,969
Vehicles [Member]
Proceeds from Sale of Property, Plant, and Equipment, Total	$ 19,464
Gain (Loss) on Disposition of Property Plant Equipment, Total	$ 1,751
Loan Agreement [Member]
Debt Instrument, Face Amount					$ 146,340
Secured Long-term Debt, Noncurrent		98,572
Secured Debt, Current		13,500			$ 29,268
Verbal Loan Agreements [Member]
Debt Instrument, Face Amount		407,644
Verbal Loan Agreements Second [Member]
Debt Instrument, Periodic Payment, Total		1,000	$ 5,000
Debt Instrument, Face Amount		137,040
Payments to Acquire Property, Plant, and Equipment, Down Payment		5,000
Debt Instrument, Periodic Payment Terms, Balloon Payment to be Paid		126,040
Verbal Loan Agreements One [Member]
Debt Instrument, Periodic Payment, Total			$ 5,000
Debt Instrument, Face Amount		270,604
Debt Instrument, Periodic Payment Terms, Balloon Payment to be Paid		221,910
Verbal Loan Agreements One [Member] | Equipment [Member]
Payments to Acquire Property, Plant, and Equipment, Down Payment		27,990
Verbal Loan Agreements Three [Member]
Debt Instrument, Periodic Payment, Total		5,000
The 6.59% Loan Payable [Member]
Debt Instrument, Interest Rate, Stated Percentage	6.59%
Debt Instrument, Face Amount	$ 34,222
Secured Long-term Debt, Noncurrent		28,674
Secured Debt, Current		$ 4,948

FINANCING LEASES PAYABLE (Detai

FINANCING LEASES PAYABLE (Details)	Jun. 30, 2020USD ($)
2021	$ 112,750
2022	64,428
2023	65,130
Total	242,308
Capital Lease [Member]
2021	74,725
2022	51,769
2023	60,401
Total	186,895
Interest Payable [Member]
2021	38,025
2022	12,659
2023	4,729
Total	$ 55,413

FINANCING LEASES PAYABLE (Det_2

FINANCING LEASES PAYABLE (Details Narrative)	3 Months Ended
	Jun. 30, 2020USD ($)Number
Capital Leased Assets, Number of Units | Number	1
Capitalized Contract Cost, Net, Current	$ 275,950
Capital Leases, Future Minimum Payments, Present Value of Net Minimum Payments, Total	242,308
Capital Leases, Future Minimum Payments, Interest Included in Payments	55,413
Capital Leases, Future Minimum Payments, Net Minimum Payments, Total	186,895
Capital Lease Obligations, Current	86,989
Capital Lease Obligations, Noncurrent	99,906
Capital Lease Obligations [Member]
Debt Instrument, Periodic Payment, Total	$ 5,369

LEGAL PROCEEDINGS (Details Narr

LEGAL PROCEEDINGS (Details Narrative)	3 Months Ended
	Jun. 30, 2020USD ($)
Commitments and Contingencies Disclosure [Abstract]
Cash settlement	$ 140,750