v3.26.1
Intangible Assets
 3 Months Ended
Jun. 30, 2026
Intangible Assets [Abstract]  
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:

 

    June 30,     March 31,  
    2026     2026  
Website   $ 3,456     $ 2,357  
Less: accumulated amortization     (830 )     (400 )
Website, net   $ 2,626     $ 1,957  

 

    Website  
Carrying value at March 31, 2026     1,957  
Add: Additions     1,100  
Less: Amortization     (431 )
Less: Impairments     -  
Carrying value at June 30, 2026   $ 2,626  

 

Amortization expense was $431 and $607 for the three months ended June 30, 2026 and 2025, respectively.

 

Estimated future amortization expense for intangible assets is as follows.

 

Fiscal year   Amount  
Remainder of 2027   $ 1,152  
2028     1,066  
2029     408  
Total   $ 2,626