INTANGIBLE ASSETS, NET

6 Months Ended

Sep. 30, 2020

INTANGIBLE ASSETS, NET

INTANGIBLE ASSETS, NET

9.    INTANGIBLE ASSETS, NET

Intangible assets consisted of the following:

	September 30, 2020		March 31, 2020
	(Unaudited)
Software		792,985		791,216
Less: Accumulated amortization		(55,977)		(13,595)
Total intangible assets, net	$	737,008	$	777,621

Amortization expense from continuing operations totaled $20,856 and $86 for the three months ended September 30, 2020 and 2019, respectively. Amortization expense from discontinued operations totaled $0 and $11,330 for the three months ended September 30, 2020 and 2019, respectively.

Amortization expense from continuing operations totaled $41,670 and $98 for the six months ended September 30, 2020 and 2019, respectively. Amortization expense from discontinued operations totaled $0 and $26,470 for the six months ended September 30, 2020 and 2019, respectively.

The following table sets forth the Company’s amortization expense for the next five years ending:

	Amortization
	expenses
Twelve months ending September 30, 2021	$	83,598
Twelve months ending September 30, 2022		83,597
Twelve months ending September 30, 2023		83,569
Twelve months ending September 30, 2024		73,744
Thereafter		412,500
Total	$	737,008