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Other Assets and Intangibles

12 Months Ended

Oct. 31, 2022

5. Other Assets and Intangibles

Other assets consist of the following (in thousands):


	October 31,		October 31,
	2022		2021
Mexican IVA (i.e. value-added) taxes receivable	$	43,625	$	37,493
Infrastructure advances to Agricola Belher		1,241		1,641
Bridge loan to Agricola Belher		1,700		—
Other		604		1,366
Total	$	47,170	$	40,500

The intangible assets consist of the following (in thousands):


		October 31, 2022						October 31, 2021
	Weighted-	Gross				Net		Gross				Net
	Average	Carrying		Accum.		Book		Carrying		Accum.		Book
	Useful Life	Value		Amortization		Value		Value		Amortization		Value
Customer list/relationships	8 years	$	17,340	$	(11,373)	$	5,967	$	17,340	$	(9,989)	$	7,351
Trade names	8 years		4,060		(3,100)		960		4,060		(2,980)		1,080
Trade secrets/recipes	9 years		630		(626)		4		630		(567)		63
Brand name intangibles	indefinite		275		—		275		275		—		275
Intangibles, net		$	22,305	$	(15,099)	$	7,206	$	22,305	$	(13,536)	$	8,769

We recorded amortization expense of approximately $1.6 million, $1.6 million, and $1.1 million for fiscal years 2022, 2021, and 2020. We anticipate recording amortization expense of approximately $1.6 million for fiscal year 2023, $1.5 million for each fiscal years 2024 through 2025 and $2.4 million thereafter.