XML 26 R12.htm IDEA: XBRL DOCUMENT v3.21.2
INTANGIBLE ASSETS, NET
 12 Months Ended
Oct. 31, 2021
INTANGIBLE ASSETS, NET [Abstract]  
INTANGIBLE ASSETS, NET
NOTE 4 - INTANGIBLE ASSETS, NET


Intangible assets, net consist of the following:

October 31, 2021
  
Gross
Amount
    
Accumulated
Amortization
    
Net
Amount
  
Customer relationships
   $
1,647
     $
(1,041
)
   $
606
  
Software and other
    
6,056
      
(5,888
)
    
168
  
   
$
7,703
    
$
(6,929
)
  
$
774
  
                         
October 31, 2020
                        
Technology license agreement
  
$
59,616
    
$
(57,298
)
  
$
2,318
  
Customer relationships
    
2,060
      
(1,245
)
    
815
  
Software and other
    
6,496
      
(6,192
)
    
304
  
   
$
68,172
    
$
(64,735
)
  
$
3,437
  



Amortization expense of the Company’s finite-lived intangible assets was $2.9 million, $4.6 million and $4.6 million in 2021, 2020 and 2019, respectively.



The weighted-average amortization periods of intangible assets acquired in 2021 and 2020, which are comprised of software, is three years.


Intangible asset amortization over the next five years and thereafter is estimated to be as follows:

Fiscal Year
      
2022
  
$
269
  
2023
  
$
171
  
2024
  
$
136
  
2025
  
$
136
  
2026
  
$
62
  
Thereafter
  
$
-