GOODWILL |
9 Months Ended | ||||||||||||||||||||
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Sep. 30, 2026 | |||||||||||||||||||||
| Intangible Asset, Goodwill and Other [Abstract] | |||||||||||||||||||||
| GOODWILL | Note 7 - GOODWILL
Goodwill is the amount by which the purchase price of an acquired business exceeds the fair value of the identifiable net assets acquired. Goodwill is not amortized. It is tested for impairment at the reporting-unit level at least once a year and more often if events or changes in circumstances indicate the fair value of a reporting unit may be below its carrying amount.
The changes in the carrying amount of goodwill were as follows:
Goodwill from the July 31, 2026 acquisition of Dakota Lithium was assigned as of the acquisition date to the DTC reporting unit within the Company’s DTC segment, which includes Dakota Lithium and is expected to benefit from the combination’s synergies. The purchase price allocation is provisional, so the goodwill amount may change during the measurement period, which ends no later than July 31, 2027. No goodwill impairment was recognized during the three or nine months ended September 30, 2026.
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