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Intangible Assets
6 Months Ended
Oct. 31, 2020
Intangible Assets Gross Excluding Goodwill [Abstract]  
Intangible Assets

(5) Intangible Assets:

The following table presents a summary of intangible assets as of October 31, 2020 and April 30, 2020 (in thousands):

 

 

 

October 31, 2020

 

 

April 30, 2020

 

 

 

Gross

 

 

 

 

 

 

 

 

 

 

Gross

 

 

 

 

 

 

 

 

 

 

 

Carrying

 

 

Accumulated

 

 

Net Carrying

 

 

Carrying

 

 

Accumulated

 

 

Net Carrying

 

 

 

Amount

 

 

Amortization

 

 

Amount

 

 

Amount

 

 

Amortization

 

 

Amount

 

Customer relationships

 

$

2,580

 

 

$

(2,004

)

 

$

576

 

 

$

2,580

 

 

$

(1,932

)

 

$

648

 

Developed technology

 

 

200

 

 

 

(188

)

 

 

12

 

 

 

200

 

 

 

(176

)

 

 

24

 

Patents, trademarks, and trade names

 

 

8,210

 

 

 

(5,275

)

 

 

2,935

 

 

 

8,140

 

 

 

(5,091

)

 

 

3,049

 

 

 

 

10,990

 

 

 

(7,467

)

 

 

3,523

 

 

 

10,920

 

 

 

(7,199

)

 

 

3,721

 

Patents in progress

 

 

935

 

 

 

 

 

 

935

 

 

 

654

 

 

 

 

 

 

654

 

Total definite-lived intangible assets

 

$

11,925

 

 

$

(7,467

)

 

$

4,458

 

 

$

11,574

 

 

$

(7,199

)

 

$

4,375

 

 

We amortize intangible assets with determinable lives over a weighted-average period of approximately five years. The weighted-average periods of amortization by intangible asset class is approximately five years for customer relationships; six years for developed technology; and five years for patents, trademarks, and trade names. Amortization expense, excluding amortization of deferred financing costs, amounted to $134,000 and $156,000 for the three months ended October 31, 2020 and 2019, respectively. Amortization expense, excluding amortization of deferred financing costs, amounted to $268,000 and $327,000 for the six months ended October 31, 2020 and 2019, respectively.

Estimated amortization expense of intangible assets for the remainder of fiscal 2021 and succeeding fiscal years is as follows (in thousands):

 

Fiscal

 

Amount

 

2021

 

$

268

 

2022

 

 

493

 

2023

 

 

452

 

2024

 

 

443

 

2025

 

 

432

 

Thereafter

 

 

1,435

 

Total

 

$

3,523