Intangible assets consisted of the following as of September 30, 2023 and June 30, 2023:

On August 11, 2015, the Company acquired Gourmet Foods, Ltd. The fair value on the acquired customer relationships was estimated to be $66,153 and is amortized over the remaining useful life of 10 years. On June 2, 2016, the Company acquired Brigadier. The fair value on the acquired customer relationships was estimated to be $434,099 and is amortized over the remaining useful life of 10 years. On December 18, 2017, the Company’s wholly owned subsidiary, Kahnalytics, Inc., acquired the assets of Original Sprout LLC. The fair value of the acquired customer relationships was determined to be $200,000 and is amortized over the remaining useful life of 7 years. On July 1, 2020, our wholly owned subsidiary, Gourmet Foods, Ltd., acquired Printstock Products Limited. The fair value of the acquired customer relationships was estimated to be $77,123 and is amortized over a useful life of 9 years. On June 20, 2023 our wholly-owned subsidiary, Marygold UK, acquired Tiger Financial and Asset Management Limited. The fair value of the acquired customer relationships was estimated to be $587,328 and is amortized over a useful life of 7 years.

	September 30,			June 30,
	2023			2023
Customer relationships	$	1,363,935		$	1,363,935
Less: accumulated amortization		(672,673	)		(629,568	)
Total customer relationships, net	$	691,262		$	734,367

On August 11, 2015, the Company acquired Gourmet Foods, Ltd. The fair value on the acquired brand name was estimated to be $61,429 and is amortized over the remaining useful life of 10 years. On June 2, 2016, the Company acquired Brigadier. The fair value on the acquired brand name was estimated to be $340,694 and is amortized over the remaining useful life of 10 years. On December 18, 2017, the Company’s wholly owned subsidiary, Kahnalytics, Inc., acquired the assets of Original Sprout LLC. The fair value of the acquired brand name was determined to be $740,000 and is considered to have an indefinite life. Unlike the brand names Gourmet Foods and Brigadier Security Systems, Original Sprout is an actual product name and recognized associated brand that is identifiable to consumers of the product and is the basis of the value proposition. That brand name will forever be associated with the product offering unless and until such time in the future as the Company may elect to discontinue the use of the brand and move towards establishment of an alternative product offering. On July 1, 2020, our wholly owned subsidiary, Gourmet Foods, Ltd., acquired Printstock Products Limited. The fair value of the brand name was determined to be $57,842 and, like that of Original Sprout, would continue to stay in use for an indefinite period of time. Therefore, the Company will test for impairment of the brand names “Original Sprout” and “Printstock” at each reporting interval with no amortization recognized. One June 20, 2022, our wholly-owned subsidiary, Marygold UK, Tiger Financial and Asset Management Limited. The fair value of the acquired trade name, $24,456, together with its regulatory business certification, $73,368, totaled $97,824 and, like those of Printstock and Original Sprout, would continue to stay in use for an indefinite period of time. Therefore, the Company will test for impairment at each reporting internal with no amortization recognized.

	September 30,			June 30,
	2023			2023
Brand name	$	1,297,789		$	1,297,789
Less: accumulated amortization		(300,178	)		(290,042	)
Total brand name, net	$	997,611		$	1,007,747

On August 11, 2015, the Company acquired Gourmet Foods, Ltd. The fair value on the acquired domain name was estimated to be $21,601 and is amortized over the remaining useful life of 5 years. On June 2, 2016, the Company acquired Brigadier. The fair value on the acquired domain name was estimated to be $15,312 and is amortized over the remaining useful life of 5 years. As of September 30, 2023, the fair value of the acquired domain names had been fully amortized.

	September 30,			June 30,
	2023			2023
Domain name	$	36,913		$	36,913
Less: accumulated amortization		(36,913	)		(36,913	)
Total domain name, net	$	-		$	-

On August 11, 2015, the Company acquired Gourmet Foods, Ltd. The fair value on the recipes was estimated to be $21,601 and is amortized over the remaining useful life of 5 years. On December 18, 2017 the Company’s wholly owned subsidiary, Kahnalytics, Inc., acquired the assets of Original Sprout LLC. The fair value of the acquired recipes and formulas was determined to be $1,200,000 and is amortized over the remaining useful life of 8 years.

	September 30,			June 30,
	2023			2023
Recipes and formulas	$	1,221,601		$	1,221,601
Less: accumulated amortization		(889,543	)		(851,735	)
Total recipes and formulas, net	$	332,058		$	369,866

On June 2, 2016, the Company acquired Brigadier. The fair value on the acquired non-compete agreement was estimated to be $84,982 and is amortized over the remaining useful life of 5 years. On December 18, 2017 the Company’s wholly owned subsidiary, Kahnalytics, Inc., acquired the assets of Original Sprout LLC. The fair value of the acquired non-compete agreement was determined to be $190,000 and is amortized over the remaining useful life of 5 years.

	September 30,			June 30,
	2023			2023
Non-compete agreement	$	274,982		$	274,982
Finite-lived intangible assets, gross	$	274,982		$	274,982
Less: accumulated amortization		(274,982	)		(274,982	)
Total non-compete agreement, net	$	-		$	-
Finite-lived intangible assets, net	$	-		$	-

During the first quarter of 2020, Marygold began incurring expenses in connection with the internal development of software applications that are planned for eventual integration to its consumer Fintech offering. Certain of these expenses, totaling $217,990 as of June 30, 2023, have been capitalized as intangible assets. As of July 1, 2023 the development has been completed and the product was commercially viable. The capitalized costs will be amortized over its useful life of three years commencing during the quarter ended September 30, 2023 when the assets were placed into service.

	September 30,			June 30,
	2023			2023
Internally developed software	$	217,990		$	217,990
Finite-lived intangible assets, gross	$	217,990		$	217,990
Less: accumulated amortization		(18,166	)		-
Total internally developed software	$	199,824		$	217,990
Finite-lived intangible assets, net	$	199,824		$	217,990

The total amortization expense for intangible assets for the three months ended September 30, 2023 and 2022 was $109,215 and $100,627, respectively.

Estimated remaining amortization expenses of intangible assets for the next five fiscal years, are as follows: