v3.22.4

INTANGIBLE ASSETS | 9 Months Ended
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Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract] |
INTANGIBLE ASSETS | NOTE 7 – INTANGIBLE ASSETS Intangible assets, net, consisted of the following at December 31, 2022 and March 31, 2021:
Schedule of intangible assets |  |  |  |  |  |
|  | As of |  |  | As of |
|  | December 31, 2022 |  |  | March 31, 2022 |
Licenses |  | $ | – |  |  | $ | 142,248 |
Software/website development |  |  | 12,585 |  |  |  | 12,585 |
Customer relationships |  |  | – |  |  |  | 60,322 |
|  |  | 12,585 |  |  |  | 215,155 |
Less: accumulated amortization |  |  | (9,563 | ) |  |  | (169,940 | )
|  | $ | 3,022 |  |  | $ | 45,215 |
Licenses are amortized over five years, whereas customer relationships and software/website development are amortized over three years. Amortization expense related to these assets for the three months ended December 31, 2022 and 2021 amounted to $6,075 and $26,190, respectively. Amortization expense related to these assets for the nine months ended December 31, 2022 and 2021 amounted to $18,227 and $78,569, respectively. Estimated amortization expense for each of the next five years:
Schedule of future amortization expense |  |  |
Fiscal year ended March 31, 2023 |  | $ | 1,049 |
Fiscal year ended March 31, 2024 |  |  | 1,973 |
Total |  | $ | 3,022 |

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- Definition The entire disclosure for all or part of the information related to intangible assets. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -URI https://asc.fasb.org/subtopic&trid=2144471 + Details
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