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Other assets and Intangibles

9 Months Ended

Jul. 31, 2023

5.	Other assets and Intangibles

Other assets consist of the following (in thousands):


	July 31,		October 31,
	2023		2022
Mexican IVA (i.e. value-added) taxes receivable, net (see Note 10)	$	54,108	$	43,625
Infrastructure advances		1,641		1,241
Bridge loan to Agricola Belher		—		1,700
Other		977		604
Total	$	56,726	$	47,170

Intangible assets consist of the following (in thousands):


		July 31, 2023						October 31, 2022
	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	$	(12,411)	$	4,929	$	17,340	$	(11,373)	$	5,967
Trade names	8 years		4,060		(3,190)		870		4,060		(3,100)		960
Trade secrets/recipes	9 years		630		(630)		—		630		(626)		4
Brand name intangibles	indefinite		275		—		275		275		—		275
Intangibles, net		$	22,305	$	(16,231)	$	6,074	$	22,305	$	(15,099)	$	7,206

We anticipate recording amortization expense of $0.4 million for the remainder of fiscal 2023, $1.5 million for fiscal year 2024, $1.5 million for fiscal year 2025, $1.5 million for fiscal year 2026, and $0.9 million thereafter.