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Intangible Assets
3 Months Ended
Jun. 30, 2017
Intangible Assets [Abstract]  
Intangible Assets

Note 5 - Intangible Assets

 

The following table sets forth our acquired intangible assets by major asset class as of June 30, 2017:

 

        June 30, 2017  
    Useful life         Accumulated     Net  
    (years)   Gross     amortization     book value  
Trademark/Trade Name   5   $ 431,100     $ (12,300 )   $ 418,800  
Software   2     1,003,600       (74,100 )     929,500  
Customer Relationships   2     368,600       (21,300 )     347,300  
Domain Names   5     106,400       (3,300 )     103,100  
                             
Total       $ 1,909,700     $ (111,000 )   $ 1,798,700  

 

Intangible assets amortization expense was $111,000 for the three months ended June 30, 2017, respectively, and $0 for the three months ended June 30, 2016, respectively.

 

Future amortization expense related to intangible assets as of June 30, 2017 are as follows:

 

Year Ending March 31,      
2018 - 9 months remaining   $ 595,800  
2019     794,400  
2020     183,600  
2021     108,000  
2022     108,000  
Beyond     8,900  
Total   $ 1,798,700