XML 29 R11.htm IDEA: XBRL DOCUMENT v3.22.4
Intangible Assets
3 Months Ended
Dec. 31, 2022
Goodwill And Intangible Assets Disclosure [Abstract]  
Intangible Assets
5.
Intangible Assets

Information about our intangible assets as of December 31, 2022 and September 30, 2022, is as follows (in thousands):

 

 

December 31,

 

 

September 30,

 

 

 

2022

 

 

2022

 

Customer relationship

 

$

43,800

 

 

$

43,800

 

Accumulated amortization

 

 

(38,152

)

 

 

(38,029

)

Impairment

 

 

(5,648

)

 

 

(1,929

)

Net carrying value

 

$

 

 

$

3,842

 

Total amortization expense recognized was $0.1 million and $0.3 million for the three months ended December 31, 2022 and 2021, respectively. The Company recognized an impairment loss of $3.7 million on the customer relationship related to the American CPA during the three months ended December 31, 2022, which was recorded in asset impairment on our condensed consolidated statements of operations and comprehensive loss. Accordingly, we expect to record amortization expense of zero for the remainder of 2023 and thereafter.

As of December 31, 2022, our intangible assets’ remaining amortization term is 0.0 years.