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Goodwill and Intangible Assets (Tables)

3 Months Ended

12 Months Ended

Jun. 30, 2017

Mar. 31, 2017

Goodwill and Intangible Assets Disclosure [Abstract]

Summary of goodwill activity

The following is a summary of goodwill activity:

Balance at April 1, 2015		$	2,168,833
Decrease from disposal of ACC assets			(461,500)
Impairment loss in AKM			(83,943)
Other			(907)
Balance at March 31, 2016			1,622,483
Balance at March 31, 2017			1,622,483

Schedule of intangible assets

Intangible assets, net consisted of the following:

		Weighted			Gross						Net
		Average			June 30,			Accumulated			June 30,
		Life (Yrs.)			2017			Amortization			2017
Indefinite Lived Assets:
Medicare License			N/A		$	704,000		$	-		$	704,000
Amortized Intangible Assets:
Acquired Technology			5			1,312,500			(328,125)			984,375
Network Relationships			5			220,000			(128,333)			91,667
Trade Name			5			102,000			(59,500)			42,500
					$	2,338,500		$	(515,958)		$	1,822,542

		Weighted			Gross						Net
		Average			March 31,			Accumulated			March 31,
		Life (Yrs.)			2017			Amortization			2017
Indefinite Lived Assets:
Medicare License			N/A		$	704,000		$	-		$	704,000
Amortized Intangible Assets:
Acquired Technology			5			1,312,500			(262,500)			1,050,000
Non-Compete			4			94,672			(94,672)			-
Network Relationships			5			220,000			(117,331)			102,669
Trade Name			5			145,017			(97,417)			47,600
					$	2,476,189		$	(571,920)		$	1,904,269

Intangible assets, net consisted of the following:

		Weighted				Gross									Gross						Net
		Average				March 31,						Impairment/			March 31,			Accumulated			March 31,
		Life (Yrs)				2016			Additions			Disposal			2017			Amortization			2017
Indefinite Lived Assets:
Medicare License						$	704,000		$	-		$	-		$	704,000		$	-		$	704,000
Amortized intangible assets:
Acquired Technology				5			1,312,500			-			-			1,312,500			(262,500)			1,050,000
Non-compete				4			117,000			-			(22,328)			94,672			(94,672)			-
Network relationships				5			220,000			-			-			220,000			(117,331)			102,669
Trade name				5			191,000			-			(45,983)			145,017			(97,417)			47,600
						$	2,544,500		$	-		$	(68,311)		$	2,476,189		$	(571,920)		$	1,904,269

	Weighted				Gross									Gross						Net
	Average				March 31,						Impairment/			March 31,			Accumulated			March 31,
	Life (Yrs)				2015			Additions			Disposal			2016			Amortization			2016
Indefinite Lived Assets:
Medicare License					$	704,000		$	-		$	-		$	704,000		$	-		$	704,000
Amortized intangible assets:
Acquired Technology			5			-			1,312,500			-			1,312,500			-			1,312,500
Exclusivity			4			40,000			-			(40,000)			-			-			-
Non-compete			4			185,400			-			(68,400)			117,000			(58,738)			58,262
Payor relationships			5			107,000			-			(107,000)			-			-			-
Network relationships			5			220,000			-			-			220,000			(73,333)			146,667
Trade name			5			257,000			-			(66,000)			191,000			(59,217)			131,783
					$	1,513,400		$	1,312,500		$	(281,400)		$	2,544,500		$	(191,288)		$	2,353,212

Schedule of future amortization expense

The following table summarizes the approximate expected future amortization expense as of June 30, 2017 of definite-lived intangible assets for each for the four fiscal years ending March 31 thereafter:

2018 (remaining 9 months)		$	245,000
2019			327,000
2020			284,000
2021			262,542
		$	1,118,542

Future amortization expense is estimated to be approximately as follows for each for the five years ending March 31 thereafter:

2018		$	327,000
2019			327,000
2020			284,000
2021			262,269
		$	1,200,269

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
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