Orion recorded $0.9 million of goodwill related to its purchase of Voltrek LLC ("Voltrek") in the third quarter of fiscal 2023, which has an indefinite life, and is assigned to the EV Charging operating segment.

Orion recorded $0.6 million of goodwill related to its purchase of Stay-Light Lighting, Inc. during fiscal year 2022, which has an indefinite life, and is assigned to the Maintenance operating segment.

As of June 30, 2025, and March 31, 2025, the components of, and changes in, the carrying amount of other intangible assets, net, were as follows (dollars in thousands):


	June 30, 2025									March 31, 2025
	Gross Carrying Amount		Accumulated Amortization			Net		Weighted Average Useful Life		Gross Carrying Amount		Accumulated Amortization			Net
Amortized Intangible Assets
Patents	$	1,895	$	(1,584	)	$	311		8.5	$	1,895	$	(1,568	)	$	327
Licenses		58		(58	)		—		—		58		(58	)		—
Trade name and trademarks		300		(165	)		135		2.3		300		(150	)		150
Customer relationships		5,000		(4,879	)		121		0.3		5,000		(4,763	)		237
Vendor relationships		2,600		(1,018	)		1,582		4.3		2,600		(925	)		1,675
Developed technology		900		(900	)		—		—		900		(900	)		—
Total Amortized Intangible Assets	$	10,753	$	(8,604	)	$	2,149		4.5	$	10,753	$	(8,364	)	$	2,389

Indefinite-lived Intangible Assets
Trade name and trademarks	$	990	$	—		$	990			$	990	$	—		$	990
Total Non-Amortized Intangible Assets	$	990	$	—		$	990			$	990	$	—		$	990

Amortization expense on intangible assets was $0.2 million for the three months ended June 30, 2025, and 2024.