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Discontinued Operations: Sale of Assets to Infinity Labs SD, Inc. (Tables)

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Discontinued Operations: Sale of Assets to Infinity Labs SD, Inc. (Tables)
 9 Months Ended
Dec. 31, 2021
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of allocation of sale price
       
Customer base   $ 850,000  
Less: Funds remaining in escrow     (60,000 )
Less: Services due from buyer     (100,000 )
Less: Working capital adjustment     (80,000 )
Total proceeds   $ 610,000  
Assets and liabilities of disposal group
                               
    Three Months Ended December 31,     Nine Months Ended December 31,  
    2021     2020     2021     2020  
Revenues   $ –     $ –     $ –     $ 214,000  
Cost of revenues     –       –       –       53,000  
Selling general and administrative expenses     –       (1,000 )     –       38,000  
Income from discontinued operations before tax     –       1,000       –       123,000  
Gain on disposal of discontinued operations before income taxes     –       (25,000 )     –       770,000  
Total income (loss) from discontinued operations, before tax     –       (24,000 )     –       893,000  
Income tax benefit (expense)     –       –       –       –  
Income (loss) from discontinued operations, net of tax   $ –     $ (24,000 )   $ –     $ 893,000