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Note 9 - Goodwill and Other Intangible Assets

12 Months Ended

Sep. 30, 2025

Goodwill and Intangible Assets Disclosure [Text Block]

9. Goodwill and Other Intangible Assets

Goodwill and other intangible assets as of September 30, 2025 and 2024, are summarized as follows, dollars in thousands:

	Useful lives			As of September 30,
	(in years)			2025			2024
Amortizable intangible assets:
Internal-use software ⁽¹⁾	1	–	7	$	14,969			14,774
Other intangibles ⁽¹⁾	1	–	10		92			92
Amortizable intangible assets					15,061			14,866
Less accumulated amortization					(8,929	)		(7,034	)
Amortizable intangible assets, net					6,132			7,832
Internal-use software in process ⁽¹⁾					21			50
Trademarks	Indefinite				389			389
Deferred financing costs, net	3	–	5		15			19
Total other intangibles, net					6,557			8,290
Goodwill	Indefinite				5,198			5,198
Total goodwill and other intangibles, net				$	11,755			13,488

⁽¹⁾ Internal-use software at September 30, 2024 has been reclassified from other intangibles to be consistent with the current year presentation.

Amortization expense was $1.9 million, $1.7 million and $1.5 million for the years ended September 30, 2025, 2024 and 2023, respectively.

Future aggregate amortization expense associated with intangible assets for the fiscal years subsequent to 2025 is estimated to be approximately as follows, dollars in thousands:

Fiscal year	Amortization expense
2026	$	1,799
2027		1,642
2028		1,405
2029		1,305
2030		5
Thereafter		12
Total amortization expense	$	6,168

Capitalized costs for internal-use software implementation and development were $0.2 million, $1.1 million and $1.1 million for the years ended September 30, 2025, 2024 and 2023, respectively, primarily due to capitalization of costs incurred related to external consultants.