v3.26.1
Intangible Assets
6 Months Ended
Apr. 30, 2026
Intangible Assets  
Intangible Assets

Note 9. Intangible Assets

As of April 30, 2026 and October 31, 2025, the Company had intangible assets of $3.2 million and $3.9 million, respectively, that were recorded in connection with the 2019 Bridgeport Fuel Cell Project acquisition. Gross carrying value of the intangible assets was $12.3 million as of each of April 30, 2026 and October 31, 2025. Accumulated amortization was $9.1 million and $8.4 million as of April 30, 2026 and October 31, 2025, respectively.

Amortization expense for the Bridgeport Fuel Cell Project-related intangible assets for each of the three month periods ended April 30, 2026 and 2025 was $0.3 million, and for each of the six month periods ended April 30, 2026 and 2025 was $0.6 million.