INTANGIBLE ASSETS

6 Months Ended

Sep. 30, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

INTANGIBLE ASSETS

NOTE 6 – INTANGIBLE ASSETS

Intangible assets, net, consisted of the following: 

	As of			As of
	September 30, 2021			March 31, 2021
Licenses	$	142,248		$	142,248
Software/website development		12,585			12,585
Customer relationships		216,343			170,031
		371,176			324,864
Less: accumulated amortization		(152,353	)		(99,974	)
	$	218,823		$	224,890

Licenses are amortized over five years, whereas customer relationships and software/website development are amortized over three years. Amortization expense related to these assets for the six months ended September 30, 2021 and 2020 amounted to $52,379 and $28,183, respectively.

Estimated amortization expense for each of the next four years:
Fiscal year ended March 31, 2022	$	52,379
Fiscal year ended March 31, 2023		97,873
Fiscal year ended March 31, 2024		61,532
Fiscal year ended March 31, 2025		7,069
Total	$	218,823