Quarterly report pursuant to Section 13 or 15(d)

TECHNOLOGY AND OTHER ASSETS (Tables)

v3.19.3
TECHNOLOGY AND OTHER ASSETS (Tables)
6 Months Ended
Sep. 30, 2019
TECHNOLOGY AND OTHER ASSETS  
Schedule of intangible assets acquired in the IMT acquisition

The schedule below reflects the intangible assets acquired in the IMT acquisition and the assets amortization period and expense for the six months ended September 30, 2019, and the year ended March 31, 2019:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

Amortization

    

Value 

    

Amortization

    

Value at

    

Amortization

    

Value at

 

 

period (years)

 

Acquired

 

March 31, 2019

 

March 31, 2019

 

September 30, 2019

 

September 30, 2019

Intangible assets acquired

 

 

 

$

 

$

 

$

 

$

 

$

Patents and exclusive License Agreement

 

9.74

 

1,306,031

 

134,090

 

911,440

 

67,044

 

844,396

Trademark

 

Indefinite

 

2,505,907

 

 —

 

2,505,907

 

 —

 

2,505,907

Customer relationships

 

10

 

1,431,680

 

143,168

 

1,010,375

 

71,584

 

938,791

Non compete agreement

 

 2

 

61,366

 

1,739

 

 —

 

 —

 

 —

Assembled workforce

 

 1

 

275,720

 

 —

 

 —

 

 —

 

 —

 

 

 

 

5,580,704

 

278,997

 

4,427,722

 

138,628

 

4,289,094