v3.26.1
INTANGIBLE ASSETS
 9 Months Ended
Jun. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
INTANGIBLE ASSETS

NOTE 9 - INTANGIBLE ASSETS

 

   June 30,   September 30, 
   2026   2025 
         
Trademarks  $3,952   $3,766 
Subtotal   3,952    3,766 
Less: accumulated amortization   (1,882)   (1,511)
Total intangible assets, net  $2,070   $2,255 

 

The following table presents future amortization as of June 30, 2026:

 

Year ended June 30,2026  Amount 
2026  $198 
2027   395 
2028   395 
2029   395 
2030   395 
2031 and thereafter   292 
Intangible assets future amortization  $2,070 

 

Intangible assets consist of the Company’s trademarks of King Eagle Mall with a useful life of ten years. The amount of the Company’s trademarks - approximately $1,444, $1,124, $590, $38, $534, $89, and $133 - will expire in April 2031, July 2031, April 2032, September 2032, October 2032, March 2033, and February 2034, respectively.

 

Amortization expense was $97 and $94 for the three months ended June 30, 2026 and 2025, respectively, and $290 and $289 for the nine months ended June 30, 2026 and 2025, respectively.