XML 26 R13.htm IDEA: XBRL DOCUMENT
v3.24.1.1.u2

GOODWILL AND OTHER INTANGIBLE ASSETS, NET | 3 Months Ended
--- | ---
Mar. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract] |
GOODWILL AND OTHER INTANGIBLE ASSETS, NET | NOTE 6: GOODWILL AND OTHER INTANGIBLE ASSETS, NET The Company has $7.5 million of goodwill related to its purchase of LCAI in the first quarter of fiscal year 2024, which has an indefinite life, and is not deductible for tax purposes. As of March 31, 2024, the components of, and changes in, the carrying amount of intangible assets, net, were as follows (in thousands):
|  | Cost |  |  | March 31, 2024 Accumulated Amortization |  |  | Intangible Assets, Net |
Trademark |  |  | 795 |  |  |  | (169 | ) |  |  | 626 |
Technology |  |  | 6,161 |  |  |  | (987 | ) |  |  | 5,174 |
Customer relationship - Warranty |  |  | 201 |  |  |  | (65 | ) |  |  | 136 |
Customer relationship - Rental |  |  | 2,102 |  |  |  | (337 | ) |  |  | 1,765 |
Customer relationship - Distribution |  |  | 4,578 |  |  |  | (585 | ) |  |  | 3,993 |
Backlog |  |  | 296 |  |  |  | (296 | ) |  |  | - |
Total Amortized Intangible Assets |  |  | 14,133 |  |  |  | (2,439 | ) |  |  | 11,694 |
The estimated amortization expense is shown below (in thousands):
Fiscal 2024 (period remaining) |  | $ | 2,516 |
Fiscal 2025 |  |  | 3,307 |
Fiscal 2026 |  |  | 3,143 |
Fiscal 2027 |  |  | 2,172 |
Fiscal 2028 |  |  | 556 |
Total |  |  | 11,694 |

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 350 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//350/tableOfContent + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration