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Note 4 - Intangible Assets4
3 Months Ended
Jun. 30, 2022
Notes to Financial Statements  
Intangible Assets Disclosure [Text Block]

NOTE 4 - INTANGIBLE ASSETS

 

Intangible assets are being amortized using the straight-line method over periods ranging from 10-15 years with a weighted average remaining life of approximately 6 years.

 

   

June 30, 2022

   

March 31, 2022

 
   

Cost

   

Weighted Average Amortization Period (Years)

   

Accumulated Amortization

   

Net Carrying Amount

   

Cost

   

Weighted Average Amortization Period (Years)

   

Accumulated Amortization

   

Net Carrying Amount

 

Patents & Trademarks

  $ 35,794     10 - 15     $ (20,471 )   $ 15,323     $ 35,794     10 - 15     $ (19,751 )   $ 16,043  

 

 

Estimated aggregate future amortization expense related to intangible assets is as follows:

 
         
For the fiscal years ended June 30,        

2023

    2,882  

2024

    2,882  

2025

    2,275  

2026

    1,725  

2027

    1,725  
Thereafter     3,834  
    $ 15,323