Intangible Assets |
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Mar. 31, 2026 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| INTANGIBLE ASSETS | NOTE 5 — INTANGIBLE ASSETS
During the year ended March 31, 2026, the Company abandoned its legacy website in connection with its transition to a new business model and the development of a replacement website. As the legacy website was no longer expected to provide future economic benefit, the remaining carrying value of the asset was derecognized and a loss on disposal of intangible assets of $2,550 was recognized in the accompanying statement of operations.
Intangible assets and related accumulated amortization are summarized in the table below:
Amortization expense was $2,758 and $2,122 for the year ended March 31, 2026 and 2025, respectively.
Estimated future amortization expense for intangible assets is as follows.
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