Quarterly report pursuant to Section 13 or 15(d)

Intangible assets (Tables)

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Intangible assets (Tables)
6 Months Ended
Sep. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Company's Intangible assets

The Company’s intangibles assets consisted of the following:  

 

    Estimated useful life     September 30, 
2015
    March 31, 
2015
 
Patents   15 years     $ 45,940     $ 26,450  
Less: Accumulated amortization             (2,584 )     (1,044 )
Subtotal             43,356       25,406  
Trademarks         1,560       1,560  
Intangible assets, net           $ 44,916     $ 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:

 

September 30,      
2016     $ 3,013  
2017       3,013  
2018       3,013  
2019       3,013  
2020       3,013  
Thereafter       28,291  
      $ 43,356