TECHNOLOGY AND OTHER ASSETS
|12 Months Ended|
Mar. 31, 2020
|TECHNOLOGY AND OTHER ASSETS|
|TECHNOLOGY AND OTHER ASSETS||
4.TECHNOLOGY AND OTHER ASSETS
The schedule below reflects the intangible assets acquired in the IMT acquisition and the assets amortization period and expense for the year ended March 31, 2020:
The cumulative amortization expense for the technology and other assets was $1,430,240 and $1,152,982 at March 31, 2020 and March 31, 2019, respectively and as a result of a technology valuation at March 31, 2020, the technology assets were written down by an additional $2,700,540.
The entire disclosure for all or part of the information related to intangible assets.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef