Intangible assets, net, consisted of the following at April 30, 2026 (dollars in thousands):


	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Weighted Average Remaining Life (years)
Customer relationships	$	7,691	$	(5,030)	$	2,661	2.44
Tradenames and trademarks	79		(79)		—		0.00
Total intangible assets	$	7,770	$	(5,109)	$	2,661

Intangible assets, net consisted of the following at January 31, 2026 (dollars in thousands):


	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Weighted Average Remaining Life (years)
Customer relationships	$	7,691	$	(4,601)	$	3,090	2.55
Tradenames and trademarks	79		(79)		—		0.00
Total intangible assets	$	7,770	$	(4,680)	$	3,090

Amortization expense was approximately $429 thousand for the three months ended April 30, 2026, compared to $370 thousand for the three months ended April 30, 2025.

We expect the estimated aggregate amortization expense for each of the succeeding fiscal years to be as follows (in thousands):


2027 (Remaining)	$	1,290
2028	713
2029	255
2030	255
2031	148
Total	$	2,661