Property and Equipment

9 Months Ended

Dec. 31, 2015

Property, Plant and Equipment [Abstract]

Property and Equipment

Note 4 – Property and Equipment

(i) Impairment

The Company completed its annual impairment testing of property and equipment and determined that there was no impairment as the fair value of the property and equipment, exceeded their carrying values at March 31, 2015.

No events or changes in circumstances have occurred through December 31, 2015 to indicate that its carrying amount may not be recoverable.

(ii) Depreciation Expense

Depreciation expense was $104,761 and $130,218 for the reporting period ended December 31, 2015 and 2014, respectively.