(in thousands)

Internally Generated
Development Costs
$

Intellectual
Property
$

Proprietary
Processes
$

Certifications
$

Customer List
$

Total
$

Cost:

Balance, April 30, 2023

33

35,143

8,103

139

198

43,616

Impairments and disposals

—

(3,830

)

(40

)

—

(193

)

(4,063

)

Foreign exchange

—

(595

)

(136

)

(3

)

(5

)

(739

)

Balance, April 30, 2024

33

30,718

7,927

136

—

38,814

Impairments and disposals

—

(21,184

)

(156

)

—

—

(21,340

)

Foreign exchange

—

1,435

552

10

—

1,997

Balance, April 30, 2025

33

10,969

8,323

146

—

19,471

Accumulated Amortization:

Balance, April 30, 2023

14

4,775

7,633

137

132

12,691

Amortization

19

2,666

216

2

65

2,968

Disposals

—

—

—

—

(193

)

(193

)

Foreign exchange

—

(75

)

(127

)

(3

)

(4

)

(209

)

Balance, April 30, 2024

33

7,366

7,722

136

—

15,257

Amortization

—

1,895

53

—

—

1,948

Foreign exchange

—

641

548

10

—

1,199

Balance, April 30, 2025

33

9,902

8,323

146

—

18,404

Net Book Value:

April 30, 2024

—

23,352

205

—

—

23,557

April 30, 2025

—

1,067

—

—

—

1,067