INTANGIBLE ASSETS

12 Months Ended

Mar. 31, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

INTANGIBLE ASSETS

NOTE 6 - INTANGIBLE ASSETS

The following table summarises our intangible assets and capitalized software development costs at March 31, 2022 and 2021:

	March 31,
	2022 ($)			2021 ($)
Patents and licenses		1,084,081			516,935
Less accumulated amortization		(186,927	)		(125,437	)
		897,154			391,498
Software development costs		583,826			663,758
		1,480,980			1,055,256

Amortization expensed within the consolidated statements of operations and comprehensive loss relating to intangible assets for the years ended March 31, 2022 and 2021 was approximately $92,000 and $29,000, respectively.

Assuming a constant currency, the following table represents the estimated amortization for intangible assets relating to patents and licenses for the years ending March 31; no amortization has been estimated for software development as this is considered to be work-in-progress and the final costs are yet to be determined:

	($)
2023		174,964
2024		173,910
2025		173,857
2026		149,783
2027		98,307
Thereafter		126,333
Total future net intangible amortization expense		897,154