v3.26.1
Note 4 - Intangible Assets
 12 Months Ended
Mar. 31, 2026
Notes to Financial Statements  
Intangible Asset [Text Block]

NOTE 4 - INTANGIBLE ASSETS

 

Intangible assets are being amortized using the straight-line method over periods ranging from 3-15 years with a weighted average remaining life of approximately 6 years.

 

   

March 31, 2026

    

March 31, 2025

  
   

Cost

    

Weighted Average Amortization Period (Years)

    

Accumulated Amortization

    

Net Carrying Amount

    

Cost

    

Weighted Average Amortization Period (Years)

    

Accumulated Amortization

    

Net Carrying Amount

  

Patents & Trademarks

   $ 35,794     10 - 15     $ (29,959 )   $ 5,835     $ 35,794     10 - 15     $ (27,982 )   $ 7,812  

Software

   $ 14,515       3       $ (12,100 )   $ 2,415     $ 14,515       3       $ (7,260 )   $ 7,255  
                                                                     
    $ 50,309               $ (42,059 )   $ 8,250     $ 50,309               $ (35,242 )   $ 15,067  

 

Amortization expense was $6,817 and $7,306 for the years ended March 31, 2026 and 2025, respectively.

 

Estimated aggregate future amortization expense related to intangible assets is as follows:

 

For the fiscal years ended March 31,

        

2027

   $ 4,140  

2028

     1,724  

2029

     1,551  

2030

     835  
         
    $ 8,250