XML 21 R11.htm IDEA: XBRL DOCUMENT v3.22.2.2
Intangible Assets
3 Months Ended
Jun. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets
5. Intangible Assets

 

   Cost
$
   Accumulated
amortization
$
   Cumulative
impairment
$
   June 30,
2022
Net carrying
value
$
   March 31,
2022
Net carrying
value
$
 
                     
Patents and technical information   35,852,556    (8,523,780)   (20,457,255)   6,871,521    7,090,887 
Software licensing   12,143    (4,436)   
    7,707    8,861 
                          
Total   35,864,699    (8,528,216)   (20,457,255)   6,879,228    7,099,748 

 

The Company recorded $220,055 of amortization expense on intangible assets for the three months ended June 30, 2022 (2021 – $390,490).

 

The Company has allocated $219,367 (2021 - $219,367) of amortization of patents and technical information to cost of goods sold. The amount remaining in amortization expense is $688 (2021 - $171,124).

 

Future amortization of intangible assets is as follows based on fiscal year:

 

    $  
2023     660,099  
2024     880,132  
2025     880,132  
2026     877,790  
2027     877,452  
Thereafter     2,703,623  
         
Total future minimum lease payments     6,879,228