Intangible Assets

6 Months Ended

Jul. 31, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

Note 6 – Intangible Assets

Intangible assets are as follows:


	July 31, 2025									January 31, 2025
(In thousands)	Gross Carrying Amount		Accumulated Amortization			Currency Translation Adjustment		Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization			Currency Translation Adjustment			Net Carrying Amount
RITEC:
Customer Contract Relationships	$	2,830	$	(1,788	)	$	—	$	1,042	$	2,830	$	(1,755	)	$	—		$	1,075
TrojanLabel:
Distributor Relations	937			(824	)		34		147	937			(774	)		16			179
Honeywell:
Customer Contract Relationships		27,773		(14,095	)		—		13,678		27,773		(13,661	)		—			14,112
Astro Machine:
Customer Contract Relationships		3,060		(1,836	)		—		1,224		3,060		(1,530	)		—			1,530
Trademarks	420			(252	)		—		168	420			(210	)		—			210
MTEX:
Customer Contract Relationships		2,603		(328	)		124		2,399		2,603		(194	)		(104	)		2,305
Internally Developed Technology		4,719		(990	)		208		3,937		4,719		(586	)		(181	)		3,952
Trademarks		217		(91	)		8		134		217		(54	)		(7	)		156
Intangible Assets, net	$	42,559	$	(20,204	)	$	374	$	22,729	$	42,559	$	(18,764	)	$	(276	)	$	23,519

There were no impairments to intangible assets during the six months ended July 31, 2025 or August 3, 2024.

With respect to the acquired intangible assets included in the table above, amortization expense of $0.7 million has been included in the condensed consolidated statements of income (loss) for both of the three months ended July 31, 2025 and August 3, 2024. Amortization expense of $1.4 million and $1.1 million related to the above-acquired intangible assets has been included in the accompanying condensed consolidated statements of income (loss) for the six months ended July 31, 2025 and August 3, 2024, respectively.

Estimated amortization expense for the next five fiscal years is as follows:


(In thousands)	Remaining 2026		2027		2028		2029		2030
Estimated amortization expense	$	1,439	$	2,878	$	2,376	$	2,009	$	2,009