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INTANGIBLE ASSETS, NET | 9 Months Ended
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Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Intangible Assets Disclosure [Text Block] |
| 5. | INTANGIBLE ASSETS, NET
As of December 31, 2018, and March 31, 2018, the intangible assets consisted of customer relationship, platform and software.
|  | Useful life |  | December 31, 2018 |  |  | March 31, 2018 |
|  |  |  | (unaudited) |  |  |  |
Customer relationship |  | 10 |  | $ | 383,159 |  |  | $ | 419,573 |
Platform |  | 7 |  |  | 4,103,195 |  |  |  | 4,493,151 |
Software |  | 5-7 |  |  | 78,050 |  |  |  | 84,545 |
Intangible assets |  |  |  |  | 4,564,404 |  |  |  | 4,997,269 |
Less: Accumulated amortization |  |  |  |  | (1,180,902 | ) |  |  | (1,043,871 | )
Impairment |  |  |  |  | (1,826,582 | ) |  |  | (2,000,175 | )
Intangible assets, net |  |  |  | $ | 1,556,920 |  |  | $ | 1,953,223 |
Amortization expense totaled $60,488 and $165,206 for the three months ended December 31, 2018 and 2017, respectively. Amortization expense totaled $233,576 and $488,210 for the nine months ended December 31, 2018 and 2017, respectively. The following table sets forth the Company’s amortization expenses for the twelve months ending December 31 of the following years:
|  | Amortization expenses |
Twelve months ending December 31, 2019 |  | $ | 303,579 |
Twelve months ending December 31, 2020 |  |  | 303,579 |
Twelve months ending December 31, 2021 |  |  | 303,579 |
Twelve months ending December 31, 2022 |  |  | 303,579 |
Twelve months ending December 31, 2023 and thereafter |  |  | 342,604 |
|  | $ | 1,556,920 |

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- Definition The entire disclosure for goodwill and 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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