INTANGIBLE ASSET - NET |
12 Months Ended |
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Mar. 31, 2025 | |
INTANGIBLE ASSET - NET | |
INTANGIBLE ASSET - NET | NOTE K – INTANGIBLE ASSET - NET Intangible assets consist of legal expenses of $89,434 incurred in obtaining and perfecting patents used by the Company in newly developed detector technology and are capitalized for financial statement purposes. Upon issuance, patents are amortized on a straight-line basis over twenty years. Amortization expense for the fiscal year ended March 31, 2025, and 2024 was $4,470 and $4,474, respectively. Accumulated amortization at March 31, 2025, and 2024 was $62,605 and $58,133, respectively. Amortization expense for the next five years is expected to be $4,472 per fiscal year through 2030. |