Quarterly report pursuant to Section 13 or 15(d)

Intangible assets (Tables)

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Intangible assets (Tables)
9 Months Ended
Dec. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of intangibles assets

The Company’s intangibles assets consisted of the following:  

 

    Estimated useful life     December 31,
2015
    March 31,
2015
 
Patents     15 years     $ 47,968     $ 26,450  
Less: Accumulated amortization             (2,962 )     (1,044 )
Subtotal             45,006       25,406  
Trademarks           1,560       1,560  
Intangible assets, net           $ 46,566     $ 26,966  
Schedule of estimated future annual amortization expense

The following table outlines estimated future annual amortization expense for the next five years and thereafter:

 

December 31,      
2016   $ 3,198  
2017     3,198  
2018     3,198  
2019     3,198  
2020     3,198  
Thereafter     29,016  
    $ 45,006