Note 3 - Intangible Assets

3 Months Ended

Sep. 30, 2025

Notes to Financial Statements

Goodwill and Intangible Assets Disclosure [Text Block]

NOTE 3 — INTANGIBLE ASSETS

The following table summarizes the Company’s intangible assets as of September 30, 2025 (in thousands):

		Amortization
	Period (in		Gross Asset		Accumulated		Net Book
	years)		Cost		Amortization		Value
Customer relations		11	$	970	$	723	$	247
Patents		20		70		22		48
Trademark		20		78		24		54
			$	1,118	$	769	$	349

The following table summarizes the Company’s intangible assets as of  June 30, 2025 (in thousands):

	Amortization
	Period (in		Gross Asset		Accumulated		Net Book
	years)		Cost		Amortization		Value
Customer relations		11	$	970	$	711	$	260
Patents		20		70		21		49
Trademark		20		78		23		55
			$	1,118	$	755	$	364

Amortization expense was $15,000 and $15,000 for the three months ended September 30, 2025 and 2024, respectively, and is included in general and administrative expense.

Estimated amortization expense related to intangible assets subject to amortization at September 30, 2025 in each of the years subsequent to September 30, 2025, and thereafter is as follows (amounts in thousands);

2026, balance of the fiscal year	$	46
2027		60
2028		60
2029		60
2030		60
Thereafter		63
Total	$	349