Goodwill and Intangible Assets
|6 Months Ended|
Sep. 30, 2022
|Goodwill and Intangible Assets Disclosure [Abstract]|
|Goodwill and Intangible Assets||Goodwill and Intangible Assets
Changes in the carrying amount of goodwill, net, by segment follows:
The components of intangible assets as of September 30, 2022, and March 31, 2022, were as follows:
The Company recorded amortization expense of $16,185 and $32,302, respectively, during the three and six months ended September 30, 2022, and $13,999 and $21,100, respectively, during the three and six months ended September 30, 2021, in general and administrative expenses on the condensed consolidated statements of operations and comprehensive income / (loss). As of March 31, 2022, the Company changed the useful lives of all its trade names intangible assets to approximately 3.33 years due to the planned rebranding of the Company’s recent acquisitions, which began during the three months ended June 30, 2022.
Estimated amortization expense in future fiscal years is expected to be:
The entire disclosure for goodwill and intangible assets.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef