Annual report pursuant to Section 13 and 15(d)

Intangible Assets (Tables)

v3.8.0.1
Intangible Assets (Tables)
12 Months Ended
Mar. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Components of Intangible Assets
The components of intangible assets as at March 31, 2018 and 2017 were as follows:
 
 
As of March 31, 2018
 
 
Cost
 
Accumulated Amortization
 
Net
Software
 
$
5,826

 
$
(4,595
)
 
$
1,231

Total
 
$
5,826

 
$
(4,595
)
 
$
1,231

 
 
As of March 31, 2017
 
 
Cost
 
Accumulated Amortization
 
Net
Software
 
$
6,644

 
$
(3,997
)
 
$
2,647

Total
 
$
6,644

 
$
(3,997
)
 
$
2,647

Estimated Future Amortization Expense
Based on the amortizable intangible assets as of March 31, 2018, we estimate amortization expense for the next five years to be as follows:
For the Year Ending March 31,
 
Amortization Expense
2019
 
$
1,231

Thereafter
 

Total
 
$
1,231

Summary of Intangible Assets
Below is a summary of intangible assets:
 
 
Intangible Assets
Balance as of March 31, 2015
 
19,967

Amortization of intangibles
 
(7,477
)
Balance as of March 31, 2016
 
12,490

Amortization of intangibles
 
(7,087
)
Intangible asset write-off
 
(2,756
)
Balance as of March 31, 2017
 
2,647

Amortization of intangibles
 
(1,416
)
Balance as of March 31, 2018
 
$
1,231