v3.26.3
Intangible Assets
 12 Months Ended
Mar. 31, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Intangible Assets

7. Intangible Assets

 

The Company’s intangible assets consisted of the following:

 

(In thousands)  March 31, 2026   March 31, 2025 
Finite-lived intangible
assets (1):		  Intangibles,
Gross		   Accumulated
Amortization		   Intangibles,
Net		   Intangibles,
Gross		   Accumulated
Amortization		   Intangibles,
Net		 
Patents issued and pending  $2,449   $(1,787)  $662   $2,335   $(1,708)  $627 
Exclusivity rights and licenses   168    (123)   45    168    (111)   57 
Total finite-lived intangible assets  $2,617   $(1,910)  $707   $2,503   $(1,819)  $684 

 

Finite-lived intangible assets (1):  March 31, 2026
Weighted Average Life		 
Patents issued and pending   12.0 
Exclusivity rights and licenses   4.3 

 

(1) Finite-lived intangible assets have estimated useful lives of five to twenty years and are being amortized to operating expenses on a straight-line basis.

 

For the years ended March 31, 2026 and 2025, amortization expense was approximately $0.1 million and $0.1 million, respectively.

 

 

ZRCN Inc.

 

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

 

FOR THE YEARS ENDED MARCH 31, 2026 AND 2025

 

Expected future amortization expense of acquired finite-lived intangible assets as of March 31, 2026, is as follows:

 

For the Years Ending March 31, (In thousands)  Amount 
   $  
2027   130 
2028   125 
2029   100 
2030   95 
2031   95 
Thereafter   162 
Total  $707