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Note 9 - Goodwill and Intangible Assets

9 Months Ended

Mar. 31, 2026

Notes to Financial Statements

Intangible Asset and Goodwill [Text Block]

9. Goodwill and Intangible Assets

The increase in goodwill of $5.6 million during the nine months ended March 31, 2026 was due to the acquisition of AML.  The Company is in the process of obtaining third-party valuations of certain intangible assets; thus, the provisional measurement of goodwill and intangible assets are subject to change. See Note 3, Acquisition of Amorphous Materials, to these unaudited Condensed Consolidated Financial Statements, for more information. There have been no events or changes in circumstances that indicate the carrying value of goodwill may not be recoverable.

Amortizable intangible assets were comprised of:

		Useful Lives				March 31,				June 30,
		(Years)				2026				2025
Customer relationships			10 - 15			$	10,422,300			$	8,852,300
Know-how			8 - 10				9,928,304				8,998,304
Tradenames			8 - 15				8,096,418				7,706,418
Backlog			1				914,525				824,525
Total intangible assets							29,361,547				26,381,547
Less accumulated amortization							(11,771,919	)			(10,393,624	)
Total intangible assets, net						$	17,589,628			$	15,987,923

Future amortization of intangible assets is as follows:

Fiscal year ending:
June 30, 2026 (remaining three months)		$	455,026
June 30, 2027			1,780,543
June 30, 2028			1,730,103
June 30, 2029			1,730,103
June 30, 2030			1,730,103
After June 30, 2030			10,163,750
		$	17,589,628

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- References

No definition available.

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- Definition

The entire disclosure for intangible asset and goodwill. Includes, but is not limited to, finite- and indefinite-lived intangible assets, capitalized cost for internal-use software and software to be sold, leased, or marketed.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 30
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/350-30/tableOfContent

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/350-20/tableOfContent

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