| Schedule of Intangible assets |
Intangible assets are comprised of the following:
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Weighted Average Amortization Period |
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Gross Carrying Amount |
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Accumulated Amortization |
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Net Carrying Amount |
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At June 30, 2025 |
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Intangibles subject to amortization: |
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Customer relationships |
8 - 20 years |
|
$ |
16,200 |
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|
$ |
3,326 |
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|
$ |
12,874 |
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Technology and technical know-how |
10 - 20 years |
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|
12,600 |
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|
|
2,479 |
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|
|
10,121 |
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Tradename |
3 years |
|
|
300 |
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|
|
167 |
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|
|
133 |
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|
|
|
$ |
29,100 |
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|
$ |
5,972 |
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|
$ |
23,128 |
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Intangibles not subject to amortization: |
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Goodwill |
Indefinite |
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$ |
25,520 |
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$ |
— |
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|
$ |
25,520 |
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Tradename |
Indefinite |
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|
6,700 |
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|
|
— |
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|
6,700 |
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|
$ |
32,220 |
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|
$ |
— |
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|
$ |
32,220 |
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|
Weighted Average Amortization Period |
|
Gross Carrying Amount |
|
|
Accumulated Amortization |
|
|
Net Carrying Amount |
|
At March 31, 2025 |
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Intangibles subject to amortization: |
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|
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|
|
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Customer relationships |
8 - 20 years |
|
$ |
16,200 |
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|
$ |
3,041 |
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|
$ |
13,159 |
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Technology and technical know-how |
10 - 20 years |
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|
12,600 |
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|
|
2,290 |
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|
|
10,310 |
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Backlog |
4 years |
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|
3,900 |
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|
|
3,900 |
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|
— |
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Tradename |
3 years |
|
|
300 |
|
|
|
142 |
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|
|
158 |
|
|
|
|
$ |
33,000 |
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|
$ |
9,373 |
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|
$ |
23,627 |
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Intangibles not subject to amortization: |
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|
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|
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Goodwill |
Indefinite |
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$ |
25,520 |
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|
$ |
— |
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|
$ |
25,520 |
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Tradename |
Indefinite |
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|
6,700 |
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— |
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|
6,700 |
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$ |
32,220 |
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|
$ |
— |
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|
$ |
32,220 |
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| Schedule of Estimated Annual Amortization Expense |
The estimated annual amortization expense by fiscal year is as follows:
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Annual Amortization |
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Remainder of 2026 |
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$ |
1,496 |
|
2027 |
|
|
1,953 |
|
2028 |
|
|
1,895 |
|
2029 |
|
|
1,895 |
|
2030 |
|
|
1,895 |
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2031 and thereafter |
|
|
13,994 |
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Total intangible amortization |
|
$ |
23,128 |
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