| Summary of Components and Changes in Other Intangible Assets |
The components of, and changes in, the carrying amount of other intangible assets were as follows (dollars in thousands):
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March 31, 2026 |
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March 31, 2025 |
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Gross Carrying Amount |
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Accumulated Amortization |
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Net |
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Weighted Average Useful Life |
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Gross Carrying Amount |
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Accumulated Amortization |
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Net |
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Amortized Intangible Assets |
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Patents |
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$ |
1,865 |
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$ |
(1,603 |
) |
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$ |
262 |
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8.5 |
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$ |
1,895 |
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$ |
(1,568 |
) |
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$ |
327 |
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Licenses |
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58 |
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(58 |
) |
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— |
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— |
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58 |
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(58 |
) |
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— |
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Trade name and trademarks |
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300 |
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(209 |
) |
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91 |
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1.5 |
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300 |
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(150 |
) |
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150 |
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Customer relationships |
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5,000 |
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(5,000 |
) |
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— |
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— |
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5,000 |
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(4,763 |
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237 |
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Vendor relationships |
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2,600 |
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(1,297 |
) |
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1,303 |
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3.5 |
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2,600 |
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(925 |
) |
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|
1,675 |
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Developed technology |
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900 |
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(900 |
) |
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— |
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— |
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900 |
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(900 |
) |
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— |
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Total Amortized Intangible Assets |
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$ |
10,723 |
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$ |
(9,067 |
) |
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$ |
1,656 |
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4.2 |
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$ |
10,753 |
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$ |
(8,364 |
) |
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$ |
2,389 |
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Indefinite-lived Intangible Assets |
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Trade name and trademarks |
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$ |
990 |
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$ |
— |
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$ |
990 |
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$ |
990 |
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$ |
— |
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$ |
990 |
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Total Indefinite-lived Intangible Assets |
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$ |
990 |
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$ |
— |
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$ |
990 |
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$ |
990 |
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$ |
— |
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$ |
990 |
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Total Other Intangible Assets |
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$ |
11,713 |
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$ |
(9,067 |
) |
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$ |
2,646 |
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$ |
11,743 |
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$ |
(8,364 |
) |
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$ |
3,379 |
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| Summary of Estimated Amortization Expense |
The estimated amortization expense for each of the next five years is shown below (dollars in thousands):
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Fiscal 2027 |
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475 |
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Fiscal 2028 |
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439 |
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Fiscal 2029 |
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403 |
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Fiscal 2030 |
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218 |
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Fiscal 2031 |
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22 |
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Thereafter |
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|
99 |
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$ |
1,656 |
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Amortization expense is set forth in the following table (dollars in thousands):
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Fiscal Year Ended March 31, |
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2026 |
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2025 |
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|
2024 |
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Amortization included in cost of revenue: |
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Patents |
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$ |
65 |
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$ |
171 |
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$ |
99 |
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Total |
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$ |
65 |
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$ |
171 |
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$ |
99 |
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Amortization included in operating expenses: |
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Customer relationships |
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$ |
237 |
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$ |
467 |
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$ |
525 |
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Vendor relationships |
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|
371 |
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|
371 |
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|
371 |
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Tradename |
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60 |
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60 |
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|
90 |
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Total |
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668 |
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|
898 |
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|
986 |
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Total amortization of intangible assets |
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$ |
733 |
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$ |
1,069 |
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$ |
1,085 |
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