| SCHEDULE OF INTANGIBLE ASSETS |
Intangible
Assets of the company at March 31, 2026 and June 30, 2025 are summarized as follows:
SCHEDULE
OF INTANGIBLE ASSETS
| | |
| |
March
31, 2026 | |
| | |
| |
| | |
Accumulated | | |
Impairment | | |
| |
| | |
Est
useful life | |
Cost | | |
Amortization | | |
of
Asset | | |
Net | |
| Goodwill | |
Indefinite | |
$ | 6,142,525 | | |
$ | — | | |
$ | — | | |
$ | 6,142,525 | |
| Pacsquare assets – Proprietary Software | |
10 years | |
| 1,928,800 | | |
| (288,448 | ) | |
| — | | |
| 1,640,352 | |
| Customer Lists | |
12 years | |
| 14,625,000 | | |
| (2,607,791 | ) | |
| — | | |
| 12,017,209 | |
| Intangible Assets | |
| |
$ | 22,696,325 | | |
$ | (2,896,239 | ) | |
$ | — | | |
$ | 19,800,086 | |
ATLASCLEAR
HOLDINGS, INC.
NOTES
TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
MARCH
31, 2026
(Unaudited)
| | |
| |
June
30, 2025 | |
| | |
| |
| | |
Accumulated | | |
Impairment | | |
| |
| | |
Est
useful life | |
Cost | | |
Amortization | | |
of
Asset | | |
Net | |
| Goodwill | |
Indefinite | |
$ | 6,142,525 | | |
$ | — | | |
$ | — | | |
$ | 6,142,525 | |
| Developed technology | |
10 years | |
| 1,928,800 | | |
| (143,696 | ) | |
| — | | |
| 1,785,104 | |
| Customer Lists | |
12 years | |
| 14,625,000 | | |
| (1,692,894 | ) | |
| — | | |
| 12,932,106 | |
| Intangible Assets | |
| |
$ | 22,696,325 | | |
$ | (1,836,590 | ) | |
$ | — | | |
$ | 20,859,735 | |
|
| SCHEDULE OF AMORTIZATION OF INTANGIBLE ASSETS |
Below
is a summary of the amortization of intangible assets for the next five years:
SCHEDULE
OF AMORTIZATION OF INTANGIBLE ASSETS
| Fiscal Year | |
Amount | |
| June 30, 2026 | |
$ | 351,927 | |
| June 30, 2027 | |
| 1,411,577 | |
| June 30, 2028 | |
| 1,414,916 | |
| June 30, 2029 | |
| 1,411,577 | |
| June 30, 2030 | |
| 1,411,577 | |
| Thereafter | |
| 7,655,985 | |
|