| Summary of Components and Changes in Other Intangible Assets |
As of September 30, 2023 and March 31, 2023, the components of, and changes in, the carrying amount of other intangible assets, net, were as follows (dollars in thousands):
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September 30, 2023 |
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March 31, 2023 |
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Gross
Carrying
Amount |
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Accumulated
Amortization |
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Net |
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Weighted
Average
Useful Life |
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Gross
Carrying
Amount |
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Accumulated
Amortization |
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Net |
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Amortized Intangible Assets |
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Patents |
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$ |
2,521 |
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$ |
(1,981 |
) |
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$ |
540 |
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8.4 |
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$ |
2,521 |
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$ |
(1,930 |
) |
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$ |
591 |
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Licenses |
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58 |
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(58 |
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— |
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— |
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58 |
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(58 |
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— |
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Trade name and trademarks |
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464 |
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(117 |
) |
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347 |
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3.8 |
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464 |
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(73 |
) |
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391 |
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Customer relationships |
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5,509 |
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(4,174 |
) |
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1,335 |
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3.3 |
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5,509 |
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(3,914 |
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1,595 |
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Vendor relationships |
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2,600 |
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(368 |
) |
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2,232 |
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6.0 |
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2,600 |
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(183 |
) |
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2,417 |
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Developed technology |
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900 |
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(900 |
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— |
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— |
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900 |
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(900 |
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— |
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Total Amortized Intangible Assets |
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$ |
12,052 |
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$ |
(7,598 |
) |
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$ |
4,454 |
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5.3 |
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$ |
12,052 |
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$ |
(7,058 |
) |
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$ |
4,994 |
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Indefinite-lived Intangible Assets |
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Trade name and trademarks |
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$ |
1,010 |
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$ |
— |
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$ |
1,010 |
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$ |
1,010 |
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$ |
— |
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$ |
1,010 |
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Total Non-Amortized Intangible Assets |
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$ |
1,010 |
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$ |
— |
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$ |
1,010 |
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$ |
1,010 |
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$ |
— |
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$ |
1,010 |
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| Summary of Estimated Amortization Expense |
The estimated amortization expense for the remainder of fiscal 2024, the next five fiscal years and beyond is shown below (dollars in thousands):
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Fiscal 2024 (period remaining) |
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$ |
545 |
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Fiscal 2025 |
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1,083 |
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Fiscal 2026 |
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|
845 |
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Fiscal 2027 |
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|
587 |
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Fiscal 2028 |
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|
516 |
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Fiscal 2029 |
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|
469 |
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Thereafter |
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|
409 |
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Total |
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$ |
4,454 |
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