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GOODWILL AND OTHER INTANGIBLE ASSETS, NET
 9 Months Ended
Sep. 30, 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 third quarter of fiscal year 2023, which has an indefinite life, and is not deductible for tax purposes.
 
As of September 30, 2024, the components of, and changes in, the carrying amount of intangible assets, net, were as follows (in thousands):
 
   
 
Cost
    
September 30, 2024 Accumulated
Amortization
    
 
Intangible
Assets, Net
  
Trademark
  

$
795
     $
(302
)
   $
493
  
Technology
    
6,161
      
(1,757
)
    
4,404
  
Customer relationship - Warranty
    
201
      
(115
)
    
86
  
Customer relationship - Rental
    
2,102
      
(600
)
    
1,502
  
Customer relationship - Distribution
    
4,578
      
(1,043
)
    
3,535
  
Backlog
    
296
      
(296
)
  
‐
  
Total Amortized Intangible Assets
   $
14,133
     $
(4,113
)
   $
10,020
  
 
 The estimated amortization expense is shown below (in thousands):
 
Fiscal 2024 (period remaining)
                  
$
842
  
Fiscal 2025
                    
3,307
  
Fiscal 2026
                    
3,143
  
Fiscal 2027
                    
2,172
  
Fiscal 2028
                    
556
  
Total
                   $
10,020