Amortization expense related to our intangible assets for the three months ended June 30, 2026 and 2025 was $3,020,571 and $3,030,358, respectively.

Intangible assets consisted of the following:


	Weighted Average Remaining Life	As of
	Weighted Average Remaining Life	June 30, 2026			March 31, 2026
Tradename	9.83	$	76,532,389		$	76,532,389
Customer List	4.83		65,252,802			65,252,802
Intellectual Property	4.83		4,224,442			4,224,442
Other Intangible Assets	13.75		486,017			486,017
Gross Intangible Assets			146,495,650			146,495,650
Accumulated Amortization – Intangible Assets			(62,626,168	)		(59,605,597	)
Net Intangible Assets		$	83,869,482		$	86,890,053

Annual amortization of intangible assets for the next five fiscal years are as follows:


Years Ended March 31,	Estimates for Fiscal Year
2027 (1)	$	9,043,826
2028		12,058,435
2029		12,058,435
2030		12,058,435
2031		12,058,435
Thereafter		26,591,916
Annual amortization of intangible assets	$	83,869,482

(1)

This amount represents future amortization for the remaining nine months of fiscal year 2027. It does not include any amortization for the three months ended June 30, 2026.