Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Intangible Assets (Tables)

v3.21.2
Goodwill and Intangible Assets (Tables)
6 Months Ended
Sep. 30, 2021
Goodwill and Intangible Assets  
Schedule of changes to goodwill

Changes to goodwill during the six months ended September 30, 2021 were as follows:

    

Total

Balance—March 31, 2021

$

4,282,984

Adjustments to goodwill

Balance— September 30, 2021

$

4,282,984

Schedule of intangible assets

Intangible assets consist of the following at September 30, 2021 and March 31, 2021:

    

Patents & 

    

    

    

    

    

    

Exclusive

License

Customer

Non-Compete

Assembled

 

    

Agreement

    

Trademark

    

Relationships

    

Agreement

    

Workforce

Total

Useful Life

    

9.74 years

    

Indefinite

    

10 years

    

2 years

    

1 year

    

  

Gross carrying amount

$

1,306,031

$

2,505,907

$

1,431,680

$

61,366

$

275,720

$

5,580,704

Impairment

 

(316,388)

 

(1,905,907)

 

(857,298)

 

 

 

(3,079,593)

Accumulated amortization

 

(652,372)

 

 

(574,382)

 

(61,366)

 

(275,720)

 

(1,563,840)

Balance—September 30, 2021

$

337,271

$

600,000

$

$

$

$

937,271

Patents &

 

Exclusive

License

Customer

Non-Compete

Assembled

 

Agreement

Trademark

Relationships

Agreement

Workforce

Total

Useful Life

    

9.74 years

    

Indefinite

    

10 years

    

2 years

    

1 year

    

 

Gross carrying amount

$

1,306,031

$

2,505,907

$

1,431,680

$

61,366

$

275,720

$

5,580,704

Impairment

 

(316,388)

 

(1,905,907)

 

(857,298)

 

 

(3,079,593)

Accumulated amortization

 

(613,092)

 

 

(574,382)

 

(61,366)

 

(275,720)

(1,524,560)

Balance—March 31, 2021

$

376,551

$

600,000

$

$

$

$

976,551