v3.25.4
Note 8 - Goodwill and Intangible Assets
6 Months Ended
Dec. 31, 2025
Notes to Financial Statements  
Goodwill and Intangible Assets Disclosure [Text Block]

8. Goodwill and Intangible Assets

 

There were no changes in the net carrying amount of goodwill during the six months ended December 31, 2025 and there have been no events or changes in circumstances that indicate the carrying value of goodwill may not be recoverable.

 

Amortizable intangible assets were comprised of:

 

  

Useful Lives

  

December 31,

  

June 30,

 
  

(Years)

  

2025

  

2025

 

Customer relationships

  10 - 15  $8,852,300  $8,852,300 

Trade secrets

  8 - 10   8,998,304   8,998,304 

Tradenames

  8 - 10   7,706,418   7,706,418 

Backlog

  1   824,525   824,525 

Total intangible assets

      26,381,547   26,381,547 

Less accumulated amortization

      (11,294,674)  (10,393,624)

Total intangible assets, net

     $15,086,873  $15,987,923 

 

Future amortization of intangible assets is as follows:

 

Fiscal year ending:

    

June 30, 2026 (remaining six months)

 $765,678 

June 30, 2027

  1,441,103 

June 30, 2028

  1,441,103 

June 30, 2029

  1,441,103 

June 30, 2030

  1,441,103 

After June 30, 2030

  8,556,783 
  $15,086,873