Annual report pursuant to Section 13 and 15(d)

INTANGIBLE ASSETS, NET

v3.23.2
INTANGIBLE ASSETS, NET
12 Months Ended
Mar. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
INTANGIBLE ASSETS, NET INTANGIBLE ASSETS, NET
As of March 31, 2023 and 2022, intangible assets, net of the Company included the following:
March 31, 2023 March 31, 2022
(Recasted)
Gross Carrying Amount Accumulated Amortization Gross Carrying Amount Accumulated Amortization
Amortized intangible assets
Client base $ 5,264  $ (1,707) $ 1,843  $ (1,504)
Software 6,140  (992) 1,898  (572)
Value added business 5,058  (2,355) 3,643  (2,257)
Licenses 4,977  (489) 2,574  (509)
Other intangible assets 2,074  (355) 49  (2)
Total $ 23,513  $ (5,898) $ 10,007  $ (4,844)
Total intangible assets, net $ 17,615  $ 5,163 
Aggregate Amortization Expense
For year ended 31.03.2023 $ 1,054 
Estimated Amortization Expense
For year ended 31.03.2024 $ 2,115 
For year ended 31.03.2025 $ 1,809 
For year ended 31.03.2026 $ 1,555 
For year ended 31.03.2027 $ 1,194 
For year ended 31.03.2028 $ 1,118 
Amortization expense totaled $1,054, $1,146 and $570 for the years ended March 31, 2023, 2022 and 2021 respectively.