
	Successor			Predecessor
	December 28, 2025			June 29, 2025
(in millions of U.S. Dollars)	Gross	Accumulated Amortization	Net	Gross	Accumulated Amortization	Net
Intangible assets:
Customer relationships	$120.0	($3.3)	$116.7	$—	$—	$—
Developed technology	240.0	(10.4)	229.6	—	—	—


Trade names	28.0	(0.6)	27.4	—	—	—

Fresh start accounting-related intangible assets	$388.0	($14.3)	$373.7	$—	$—	$—
Patent and licensing rights	58.3	(5.2)	53.1	50.5	(26.7)	23.8
Total intangible assets	$446.3	($19.5)	$426.8	$50.5	($26.7)	$23.8

Customer relationships, developed technology, and trade names are amortized over their useful lives, which generally range from 5 to 11 years. Patents are amortized using the straight-line method over their estimated period of benefit, which generally range from 0.5 to 23 years. Total intangible assets amortization expenses were $1.0 million, $0.0 million and $19.5 million for the period from June 30, 2025 to September 29, 2025, the period of September 29, 2025 and for the period from September 30, 2025 to December 28, 2025, respectively, and $2.7 million and $4.0 million for the three and six months ended December 29, 2024, respectively.

Estimated amortization expense for intangible assets with finite lives for each of the next five years and thereafter is as follows:


					At Quarter End
Fiscal Year Ending	Customer Relationships	Developed Technology	Trade Names	Patents	December 28, 2025
June 28, 2026 (remainder fiscal 2026)	6.7	20.8	1.5	8.4	37.4
June 27, 2027	13.3	41.7	2.9	10.4	68.3
June 25, 2028	13.3	41.7	2.8	7.2	65.0
June 24, 2029	13.3	41.7	2.8	5.7	63.5
June 23, 2030	13.3	41.7	2.8	4.2	62.0
Thereafter	56.8	42.0	14.6	17.2	130.6
Total future amortization expense	116.7	229.6	27.4	53.1	426.8