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INTANGIBLE ASSETS | 9 Months Ended
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Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract] |
Intangible Assets Disclosure [Text Block] | NOTE 5 – INTANGIBLE ASSETS
Amortized intangible assets |  | (in thousands) |
|  | As of December 31, 2020 ($) |  |  | As of March 31, 2020 ($) |
Patents |  |  | 156 |  |  |  | 125 |
Other intangibles |  |  | 20 |  |  |  | 20 |
Accumulated amortization |  |  | (20 | ) |  |  | (10 | )
Total amortized intangible assets |  |  | 156 |  |  |  | 135 |
Indefinite lived intangible assets |  |  |  |  |  |  |  |
Patents |  |  | 184 |  |  |  | 107 |
Trademarks |  |  | 21 |  |  |  | 10 |
Other intangibles |  |  | 23 |  |  |  | - |
Total unamortized intangible assets |  |  | 228 |  |  |  | 117 |
Total Intangible assets |  |  | 384 |  |  |  | 252 |
The value of intangible assets includes the cost of acquiring patent rights, supporting data, and the expense associated with filing approximately 12 patents and 35 trademarks. It also includes acquisition costs related to brands, domains and licenses. The amortization of patent and patent rights with finite life is up to 20 years, commencing from the date of grant or acquisition. The amortization expense in the three months ended December 31, 2020 and 2019, amounted to approximately $4 thousand and $2 thousand, respectively, whereas the amortization expense in the nine months ended December 31, 2020 and 2019, amounted to approximately $10 thousand and $6 thousand, respectively. The Company regularly reviews its intangible assets to determine if any intangible asset is other-than-temporarily impaired, which would require the Company to record an impairment charge in the period and concluded that, as of December 31, 2020, there was no impairment.
Estimated amortization expense |  | (in thousands) ($) |
For the year ended 2021 |  |  | 14 |
For the year ended 2022 |  |  | 15 |
For the year ended 2023 |  |  | 17 |
For the year ended 2024 |  |  | 19 |
For the year ended 2025 |  |  | 20 |

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- Definition The entire disclosure for all or part of the information related to intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
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