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GOODWILL AND INTANGIBLE ASSETS

6 Months Ended

Sep. 30, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

NOTE 9 – GOODWILL AND INTANGIBLE ASSETS

The balance of goodwill at September 30, 2025 and March 31, 2025 was $90,870,094.

Amortization expense related to our intangible assets for the three and six months ended September 30, 2025 was $3,030,358 and $6,060,717, respectively. Amortization expense related to our intangible assets for the three and six months ended September 30, 2024 was $3,030,358 and $6,060,717, respectively.

Intangible assets consisted of the following:


		As of
	Life	September 30, 2025			March 31, 2025
Tradename	15	$	76,532,389		$	76,532,389
Customer List	10		65,252,802			65,252,802
Intellectual Property	10		4,224,442			4,224,442
Other Intangible Assets	5		357,747			357,747
Gross Intangibles Assets			146,367,380			146,367,380
Accumulated Amortization – Intangible Assets			(53,536,329	)		(47,475,613	)
Net Intangible Assets		$	92,831,051		$	98,891,767

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


Years Ended March 31,	Estimates for Fiscal Year
2026 (1)	$	6,060,717
2027		12,055,846
2028		12,049,884
2029		12,049,884
2030		12,049,884
Thereafter		38,564,836
Annual amortization of intangible assets	$	92,831,051

(1)

This amount represents future amortization for the remaining six months of fiscal year 2026. It does not include any amortization for the six months ended September 30, 2025.