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GOODWILL AND OTHER INTANGIBLE ASSETS | 12 Months Ended
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Sep. 30, 2022
GOODWILL AND OTHER INTANGIBLE ASSETS |
GOODWILL AND OTHER INTANGIBLE ASSETS | 6. GOODWILL AND OTHER INTANGIBLE ASSETS: Goodwill at September 2022 and September 2021 was as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | September |  | September
Wholesale Segment | ​ | 2022 | ​ | 2021
Beginning Balance | ​ | $ | 4,436,950 | ​ | $ | 4,436,950
Acquisition of Team Sledd, LLC | ​ |  | 841,000 | ​ |  | —
Ending Balance | ​ | $ | 5,277,950 | ​ | $ | 4,436,950
​ Other intangible assets at September 2022 and September 2021 consisted of the following: ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | September |  | September
​ | ​ | 2022 | ​ | 2021
Customer list (Wholesale Segment) (less accumulated amortization of less than $0.1 million at September 2022) | ​ | $ | 1,401,945 | ​ | $ | —
Non-competition agreement (Wholesale Segment) (less accumulated amortization of less than $0.1 million at September 2022) | ​ | ​ | 191,168 | ​ | ​ | —
Trademarks and tradenames (Retail Segment) | ​ | ​ | 500,000 | ​ | ​ | 500,000
​ | ​ | $ | 2,093,113 | ​ | $ | 500,000
​ Goodwill, trademarks and tradenames are considered to have indefinite useful lives and therefore no amortization has been taken on these assets. Goodwill recorded on the Company’s consolidated balance sheets represents amounts allocated to its wholesale reporting unit which totaled approximately $5.3 million and $4.4 million at September 2022 and September 2021, respectively. The Company determined that the estimated fair value of its wholesale reporting unit exceeded its carrying value at both September 2022 and September 2021. ​ At September 2022, identifiable intangible assets considered to have finite lives were represented by a customer list which is being amortized over fifteen years and a non-competition agreement which is being amortized over three years. These intangible assets are evaluated for accelerated attrition or amortization adjustments if warranted. Amortization expense related to these assets was $0.1 million during fiscal 2022. ​ Estimated future amortization expense related to identifiable intangible assets with finite lives was as follows at September 2022: ​
​ | ​ | ​ | ​
​ | ​ | September
​ |  | 2022
Fiscal 2023 | ​ | $ | 170,130
Fiscal 2024 | ​ | ​ | 170,130
Fiscal 2025 | ​ | ​ | 139,304
Fiscal 2026 | ​ | ​ | 96,132
Fiscal 2027 | ​ | ​ | 96,132
Fiscal 2028 and thereafter | ​ | ​ | 921,285
​ | ​ | $ | 1,593,113
​

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
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