v3.26.1
DISCONTINUED OPERATIONS AND ASSETS HELD FOR SALE (Tables)
 3 Months Ended
Jun. 30, 2026
Discontinued Operations and Disposal Groups [Abstract]  
SCHEDULE OF AMMUNITION SEGMENT DISCONTINUED OPERATIONS The following table summarizes the results of operations of the Ammunition segment that are reported as discontinued operations:

 

 

 

For the Three Months Ended June 30,

 

 

 

2025(1)

 

 

 

 

 

 

 

 

Net revenues(2)

 

 

$

752,762

 

 

Cost of revenues

 

 

 

1,599,202

 

 

Gross profit

 

 

 

(846,440

)

 

 

 

 

 

 

Operating expenses

 

 

 

 

 

Selling and marketing

 

 

 

15,819

 

 

Corporate general and administrative

 

 

 

232,104

 

 

Employee salaries and related expenses

 

 

 

84,502

 

 

Depreciation and amortization expense

 

 

 

-

 

 

Total operating expenses

 

 

 

332,425

 

 

Loss from operations

 

 

 

(1,178,865

)

 

Total other income/(expense)

 

 

 

583,231

 

 

Loss from discontinued operations before income taxes

 

 

 

(595,634

)

 

Benefit for income taxes

 

 

 

-

 

 

Loss from discontinued operations, net of tax

 

 

$

(595,634

)

 
(1)
Reflects results from April 1, 2025 through April 18, 2025 only.
(2)
Included in revenue for the three months ended June 30, 2025 are excise taxes of $27,185.