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Note 4 - Intangible Assets
9 Months Ended
Dec. 31, 2023
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.

 

   

December 31, 2023

   

March 31, 2023

 
   

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     $ (24,791 )   $ 11,003     $ 35,794       10 - 15     $ (22,631 )   $ 13,163  

Software

  $ 14,515         3       $ (1,210 )   $ 13,305     $ -                 $ -     $ -  
                                                                         
    $ 50,309                 $ (26,001 )   $ 24,308     $ 35,794                 $ (22,631 )   $ 13,163  

 

 

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

 

For the fiscal years ended March 31,

       

2024

  $ 3,862  

2025

    7,115  

2026

    6,716  

2027

    2,931  

2028

    1,726  

Thereafter

    1,958  
    $ 24,308