Property and Equipment
6 Months Ended
Sep. 30, 2019
Property, Plant and Equipment [Abstract]  
Property and Equipment

NOTE 3 – PROPERTY AND EQUIPMENT

 

Property and equipment, net consisted of the following as of September 30, 2019 and March 31, 2019:

 

    September 30, 2019     March 31, 2019  
Tooling   $ 1,023,092     $ 937,554  
Automobiles and trailers     223,030       167,063  
Museum collection automobiles     422,466       -  
Machinery and equipment     264,001       100,233  
Furniture and fixtures     156,711       147,960  
Computer equipment and software     90,729       89,246  
Leasehold improvements     142,091       79,691  
      2,322,120       1,521,747  
Accumulated depreciation and amortization     (969,117 )     (871,394 )
Total Property and Equipment   $ 1,353,003     $ 650,353  

 

Depreciation and amortization expense were $37,168 and $10,843 for the three-months ended September 30, 2019 and 2018, respectively. Depreciation and amortization expense were $97,724 and $38,530 for the six-month periods ended September 30, 2019 and 2018, respectively.