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Intangible Assets
9 Months Ended
Dec. 31, 2011
Intangible Assets [Abstract]  
Intangible Assets
6. Intangible Assets

Our intangible assets are comprised of patents which we amortize on a straight-line basis over their estimated useful lives of six years.

   
Gross
carrying
amount
  
Accumulated amortization
  
Net value
 
           
December 31, 2011
 $5,586,000  $(4,425,000) $1,161,000 
              
March 31, 2011
  5,508,000   (3,783,000)  1,725,000 

At December 31, 2011, we estimate the following annual amortization for these assets in subsequent fiscal years:

Remainder of 2012
 $215,000 
2013
  862,000 
2014
  24,000 
2015
  22,000 
2016 and beyond
  38,000 
      
   $1,161,000