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GOODWILL AND OTHER INTANGIBLE ASSETS | 6 Months Ended
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Mar. 31, 2023
GOODWILL AND OTHER INTANGIBLE ASSETS |
GOODWILL AND OTHER INTANGIBLE ASSETS | 4. GOODWILL AND OTHER INTANGIBLE ASSETS ​ Goodwill at March 2023 and September 2022 was as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | March |  | September
​ | ​ | 2023 | ​ | 2022
Beginning Balance | ​ | $ | 5,277,950 | ​ | $ | 5,277,950
Acquisition of Henry's | ​ |  | 593,709 | ​ |  | —
Wholesale Segment | ​ | $ | 5,871,659 | ​ | $ | 5,277,950
​ Other intangible assets at March 2023 and September 2022 consisted of the following: ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | March |  | September
​ | ​ | 2023 | ​ | 2022
Customer lists (Wholesale Segment) (less accumulated amortization of $0.1 million at March 2023 and less than $0.1 million at September 2022) | ​ | $ | 3,341,546 | ​ | $ | 1,401,945
Non-competition agreements (Wholesale Segment) (less accumulated amortization of $0.1 million at March 2023 and less than $0.1 million at September 2022) | ​ | ​ | 246,002 | ​ | ​ | 191,168
Trademarks and tradenames (Wholesale Segment) (less accumulated amortization of less than $0.1 million at March 2023) | ​ | ​ | 1,466,238 | ​ | ​ | —
Trademarks and tradenames (Retail Segment) | ​ | ​ | 500,000 | ​ | ​ | 500,000
​ | ​ | $ | 5,553,786 | ​ | $ | 2,093,113
​ Goodwill and the trademarks and tradenames for our Retail Segment are considered to have indefinite useful lives and therefore no amortization has been recorded on these assets. Goodwill recorded on the Company’s consolidated balance sheets represent amounts allocated to its wholesale reporting unit which totaled approximately $5.9 million and $5.3 million at March 2023 and September 2022, respectively. The Company performs its annual impairment testing during the fourth fiscal quarter of each year or as circumstances change or necessitate. There have been no material changes to the Company’s impairment assessments since its fiscal year ended September 2022. ​ At March 2023, identifiable intangible assets considered to have finite lives were represented by customer lists which are being amortized over fifteen years, a non-competition agreement which is being amortized over three years, a non-competition agreement which is being amortized over five years, and a tradename in our Wholesale Segment that is being amortized over seven years. These intangible assets are evaluated for accelerated attrition or amortization adjustments if warranted. Amortization expense related to these assets was approximately $0.1 million for both the three and six month periods ended March 2023. ​ Estimated future amortization expense related to identifiable intangible assets with finite lives was as follows at March 2023:
​ | ​ | ​ | ​
​ | ​ | March
​ |  | 2023
Fiscal 2023 (1) | ​ | $ | 268,851
Fiscal 2024 | ​ | ​ | 537,701
Fiscal 2025 | ​ | ​ | 506,869
Fiscal 2026 | ​ | ​ | 463,703
Fiscal 2027 | ​ | ​ | 463,703
Fiscal 2028 and thereafter | ​ | ​ | 2,812,959
​ | ​ | $ | 5,053,786
(1) | Represents amortization for the remaining six months of Fiscal 2023.

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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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