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Goodwill and Intangible Assets
9 Months Ended
Apr. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and intangible assets

Note 6 – Goodwill and intangible assets

 

Goodwill

 

The Company’s net carrying amount of goodwill is in the Clinical Laboratory Services segment and is $7,452 as of April 30, 2022 and July 31, 2021.

 

Intangible assets

 

The Company’s change in the net carrying amount of intangible assets, all in the Life Sciences Products segment is as follows:

 

   Gross   Accumulated
Amortization
   Net 
July 31, 2021  $27,775   $(27,531)  $244 
Amortization expense   
    (210)   (210)
Foreign currency translation   (534)   529    (5)
April 30, 2022  $27,241   $(27,212)  $29 

 

Intangible assets, all finite-lived, consist of the following:

 

   April 30, 2022   July 31, 2021 
   Gross   Accumulated
Amortization
   Net   Gross   Accumulated
Amortization
   Net 
Patents  $11,027   $(11,027)  $
   $11,027    (11,027)  $
 
Customer relationships   11,768    (11,739)   29    12,059    (11,815)   244 
Website and acquired content   1,008    (1,008)   
    1,025    (1,025)   
 
Licensed technology and other   476    (476)   
    494    (494)   
 
Trademarks   2,962    (2,962)   
    3,170    (3,170)   
 
Total  $27,241   $(27,212)  $29   $27,775    (27,531)  $244 

 

At April 30, 2022, information with respect to acquired intangibles is as follows:

 

   Useful life
assigned
   Weighted
average
remaining
useful life
 
Customer relationships  8 -15 years   0.25 years 

 

At April 30, 2022, the weighted average remaining useful life of all intangible assets was less than three months.