Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets

v3.10.0.1
Intangible Assets
3 Months Ended
Jun. 30, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets
Intangible Assets
The components of intangible assets at June 30, 2018 and March 31, 2018 were as follows:
 
 
As of June 30, 2018
 
 
(Unaudited)
 
 
Cost
 
Accumulated Amortization
 
Net
Software
 
$
5,826

 
$
(4,930
)
 
$
896

Total
 
$
5,826

 
$
(4,930
)
 
$
896

 
 
As of March 31, 2018
 
 
Cost
 
Accumulated Amortization
 
Net
Software
 
$
5,826

 
$
(4,595
)
 
$
1,231

Total
 
$
5,826

 
$
(4,595
)
 
$
1,231


The Company has included amortization of acquired intangible assets directly attributable to revenue-generating activities in cost of revenues; since all of our acquired intangible assets are directly attributable to revenue-generating activities, all intangible amortization is included in cost of revenues.
The Company recorded amortization expense of $335 during the three months ended June 30, 2018 and $376 during the three months ended June 30, 2017.
Based on the amortizable intangible assets as of June 30, 2018, we estimate amortization expense for the next five years to be as follows:
Year Ending March 31,
 
Amortization Expense
2019
 
$
1,231

2020
 

2021
 

2022
 

2023
 

Thereafter
 

Total
 
$
1,231