Other Intangible Assets

12 Months Ended

Jul. 31, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

Other Intangible Assets

Note 11—Other Intangible Assets

The table below presents information on the Company’s amortized intangible assets:

(in thousands)		Weighted Average Amortization Period		Gross Carrying Amount				Accumulated Amortization				Net Balance
July 31, 2025
Tradenames		14.6 years		$	1,391			$	(585	)		$	806
Non-compete agreements		6.0 years			660				(376	)			284
Customer relationships		9.9 years			8,220				(4,254	)			3,966
TOTAL		10.3 years		$	10,271			$	(5,215	)		$	5,056
July 31, 2024
Tradenames		14.5 years		$	1,400			$	(445	)		$	955
Non-compete agreements		6.0 years			660				(266	)			394
Customer relationships		7.5 years			11,377				(6,441	)			4,936
TOTAL		8.1 years		$	13,437			$	(7,152	)		$	6,285

In March 2024, the Company completed a portion of the integration of the Leaf Wallet platform into the BOSS Money app, including replacing the Leaf tradename with BOSS Money. The Leaf tradename balance of $0.1 million was written-off in fiscal 2024.

Amortization expense of intangible assets was $1.5 million, $1.3 million, and $1.5 million in fiscal 2025, fiscal 2024, and fiscal 2023, respectively. The Company estimates that amortization expense of intangible assets with finite lives will be $1.2 million, $1.1 million, $1.0 million, $0.5 million, and $0.2 million in fiscal 2026, fiscal 2027, fiscal 2028, fiscal 2029, and fiscal 2030, respectively.