v3.26.3
Intangible Assets
 3 Months Ended
Jun. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Intangible Assets

7. Intangible Assets

 

The Company’s intangible assets consisted of the following:

 

   June 30, 2026   March 31, 2026 
(In thousands)  (Unaudited)             
Finite-lived intangible assets (1):  Intangibles, Gross   Accumulated Amortization   Intangibles, Net   Intangibles, Gross   Accumulated Amortization   Intangibles, Net 
Patents issued and pending  $2,499   $(1,854)  $645   $2,449   $(1,787)  $662 
Exclusivity rights and licenses   168    (123)   45    168    (123)   45 
Total finite-lived intangible assets  $2,667   $(1,977)  $690   $2,617   $(1,910)  $707 

 

Finite-lived intangible assets (1): 

June 30, 2026

Weighted Average Life

 
Patents issued and pending   11.8 
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 three months ended June 30, 2026 and 2025, amortization expense was less than $0.1 million.

 

Expected future amortization expense of acquired finite-lived intangible assets as of June 30, 2026 is as follows:

 

For the Years Ending March 31, (In thousands)  Amount 
Remainder of 2027  $111 
2028   125 
2029   100 
2030   95 
2031   95 
Thereafter   164 
Total  $690 

 

 

ZRCN Inc.

CONDENSED NOTES TO THE UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS

FOR THE THREE MONTHS ENDED JUNE 30, 2026 AND 2025