v3.10.0.1

Goodwill and Intangible Assets | 6 Months Ended
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Sep. 30, 2018
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Intangible Assets | NOTE 5 - GOODWILL AND INTANGIBLE ASSETS The carrying amount of goodwill was $496,226 at each of September 30 and March 31, 2018. Intangible assets consist of the following:
|  | September 30, 2018 |  |  | March 31, 2018 |
Definite life brands |  | $ | 170,000 |  |  | $ | 170,000 |
Trademarks |  |  | 641,693 |  |  |  | 641,693 |
Rights |  |  | 8,271,555 |  |  |  | 8,271,555 |
Product development |  |  | 208,518 |  |  |  | 208,518 |
Patents |  |  | 994,000 |  |  |  | 994,000 |
Other |  |  | 55,460 |  |  |  | 55,460 |
|  |  | 10,341,226 |  |  |  | 10,341,226 |
Less: accumulated amortization |  |  | 8,710,096 |  |  |  | 8,485,253 |
Net |  |  | 1,631,130 |  |  |  | 1,855,973 |
Other identifiable intangible assets - indefinite lived* |  |  | 4,112,972 |  |  |  | 4,112,972 |
|  | $ | 5,744,102 |  |  | $ | 5,968,945 |
* Other identifiable intangible assets - indefinite lived consists of product formulations and the Company’s relationships with its distillers. Accumulated amortization consists of the following:
|  | September 30, 2018 |  |  | March 31, 2018 |
Definite life brands |  | $ | 170,000 |  |  | $ | 170,000 |
Trademarks |  |  | 421,836 |  |  |  | 403,617 |
Rights |  |  | 7,122,925 |  |  |  | 6,954,303 |
Product development |  |  | 52,748 |  |  |  | 47,880 |
Patents |  |  | 942,587 |  |  |  | 909,453 |
Accumulated amortization |  | $ | 8,710,096 |  |  | $ | 8,485,253 |

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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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