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GOODWILL
 12 Months Ended
Jun. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL

NOTE 8. GOODWILL

 

Changes in the carrying amount of goodwill were as follows (in thousands):

 

Goodwill  June 30, 2023   Acquisitions   Impairments   June 30, 2024   June 30, 2025 
Beauty products - Original Sprout  $417   $-   $(417)  $-   $- 
Food products - Gourmet Foods   275    -    -    275    275 
Security systems - Brigadier   351    -    -    351    351 
Financial services - Marygold & Co. (UK) (1)   1,264    591    -    1,855    1,855 
Total  $2,307   $591   $(417)  $2,481   $2,481 

 

(1) Refer to Note 6, Business Combinations, regarding increase in goodwill during the years ended June 30, 2024.

 

The Company tests for goodwill impairment at each reporting unit annually on June 30. Refer to Note 7, Impairment Loss, regarding the goodwill impairment recorded during 2024.