| INTANGIBLE ASSETS, NET |
INTANGIBLE ASSETS, NET As of March 31, 2024 and 2023, intangible assets, net of the Company included the following:
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March 31, 2024 |
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March 31, 2023 |
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Weighted-Average Life |
Gross Carrying Amount |
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Accumulated Amortization |
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Gross Carrying Amount |
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Accumulated Amortization |
| Amortized intangible assets |
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| Trademark |
6 years |
$ |
22,118 |
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$ |
(3,672) |
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$ |
— |
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$ |
— |
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| Software |
16 years |
15,599 |
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(3,145) |
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6,140 |
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(992) |
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| Client base |
6 years |
9,043 |
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(3,057) |
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5,264 |
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(1,707) |
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| Licenses |
23 years |
8,447 |
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(1,269) |
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4,977 |
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(489) |
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| Value added business |
37 years |
5,058 |
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(2,476) |
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5,058 |
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(2,355) |
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| Other intangible assets |
13 years |
1,098 |
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(76) |
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2,074 |
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(355) |
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| Total |
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$ |
61,363
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$ |
(13,695) |
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$ |
23,513
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$ |
(5,898) |
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| Total intangible assets, net |
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$ |
47,668
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$ |
17,615
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| Aggregate Amortization Expense |
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| For year ended 31.03.2024 |
$ |
7,797 |
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| Estimated Amortization Expense |
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| For year ended 31.03.2025 |
$ |
7,865 |
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| For year ended 31.03.2026 |
$ |
7,894 |
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| For year ended 31.03.2027 |
$ |
7,766 |
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| For year ended 31.03.2028 |
$ |
7,775 |
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| For year ended 31.03.2029 |
$ |
7,624 |
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