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Note 5 - Intangible Assets
3 Months Ended
Jun. 30, 2021
Notes to Financial Statements  
Intangible Assets Disclosure [Text Block]

NOTE 5 - INTANGIBLE ASSETS

 

Intangible assets are being amortized using the straight-line method over periods ranging from 10-15 years with a weighted average remaining life of approximately 6 years.

 

   

June 30, 2021

   

March 31, 2021

 
   

Cost

   

Weighted

Average

Amortization

Period

(Years)

   

Accumulated Amortization

   

Net

Carrying

Amount

   

Cost

   

Weighted

Average

Amortization

Period

(Years)

   

Accumulated Amortization

   

Net

Carrying

Amount

 

Patents & Trademarks

  $ 35,794     10 - 15     $ (17,591 )   $ 18,203     $ 35,794     10 - 15     $ (16,871 )   $ 18,923  

 

Estimated aggregate future amortization expense related to intangible assets is as follows:

 

For the twelve months ended June 30,

       

2022

  $ 2,882  

2023

    2,882  

2024

    2,882  

2025

    2,275  

2026

    2,371  

Thereafter

    4,911  
    $ 18,203