Quarterly report pursuant to Section 13 or 15(d)

TECHNOLOGY AND OTHER ASSETS

v3.10.0.1
TECHNOLOGY AND OTHER ASSETS
6 Months Ended
Sep. 30, 2018
Technology And Other Intangible Assets [Abstract]  
Intangible Assets Disclosure [Text Block]
4.
TECHNOLOGY AND OTHER ASSETS
 
The schedule below reflects the intangible assets acquired in the IMT acquisition on April 21, 2016 and the asset amortization period and expense for the six month period ended September 30, 2018 and the year ended March 31, 2018:
 
 
 
 
 
 
 
 
 
Expense March
 
 
Value at March
 
 
Expense Sept.
 
 
Value at Sept.
 
Intangible
 
Amortization
 
 
Value acquired
 
 
31, 2018
 
 
31, 2018
 
 
30, 2018
 
 
30, 2018
 
assets acquired
 
period (years)
 
 
$
 
 
$
 
 
$
 
 
$
 
 
$
 
Patents and exclusive License Agreement
 
 
9.74
 
 
 
1,306,031
 
 
 
134,126
 
 
 
1,045,530
 
 
 
67,045
 
 
 
978,485
 
Trademark
 
 
Indefinite
 
 
 
2,505,907
 
 
 
-
 
 
 
2,505,907
 
 
 
-
 
 
 
2,505,907
 
Customer relationships
 
 
10
 
 
 
1,431,680
 
 
 
143,206
 
 
 
1,153,543
 
 
 
71,584
 
 
 
1,081,959
 
Non-compete agreement
 
 
2
 
 
 
61,366
 
 
 
30,709
 
 
 
1,739
 
 
 
1,739
 
 
 
-
 
Assembled Workforce
 
 
1
 
 
 
275,720
 
 
 
15,864
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
 
 
 
 
 
5,580,704
 
 
 
323,905
 
 
 
4,706,719
 
 
 
140,368
 
 
 
4,566,351
 
 
Amortization for the six months ended September 30, 2017 was $169,934.
Amortization for three months ended
September 30, 2018
was $
69,315
(
September 30, 2017
- $
76,985).