v3.26.3
INTANGIBLE ASSETS
 12 Months Ended
Jun. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
INTANGIBLE ASSETS

NOTE 10. INTANGIBLE ASSETS

 

During fiscal 2026, the Company’s intangible assets were either impaired as it relates to the Financial Services - Marygold & Co. (UK) assets (see Note 8. Impairment Loss), moved to Assets held for sale as it relates to the Food Products in New Zealand assets (see Note 3. Discontinued Operations) or became fully amortized. The Company’s intangible assets consisted of the following at June 30, 2025.

  

Intangible Assets 

Weighted

Average

Remaining

Life

(in years)

  

Intangible assets (gross)

  

Accumulated amortization

  

Intangible asset (net)

 
   June 30, 2025 
Intangible Assets 

Weighted

Average

Remaining

Life

(in years)

  

Intangible

Assets

(Gross)

  

Accumulated

Amortization

  

Intangible

Asset (Net)

 
   (dollars in thousands) 
Customer relationships   4.6   $1,396   $(712)  $684 
Brand name   0.9    378    (346)   32 
Brand name – indefinite lived   N/A    148    -    148 
Internally developed software   1.0    218    (145)   73 
Total       $2,140   $(1,203)  $937 

 

Total amortization expense for intangible assets was $0.2 million and $0.3 million for the years ended June 30, 2026 and 2025, respectively.