XML 31 R18.htm IDEA: XBRL DOCUMENT v3.23.1
Note 11 - Intangible Assets
12 Months Ended
Jan. 31, 2023
Notes to Financial Statements  
Goodwill and Intangible Assets Disclosure [Text Block]

11. Intangible Assets

 

Intangible assets from continuing operations consisted of the following:

 

      

January 31, 2023

  

January 31, 2022

 
  

Weighted

                                 
  

Average

  

Gross

          

Net

  

Gross

          

Net

 
  

Life at

  

Carrying

  

Accumulated

      

Carrying

  

Carrying

  

Accumulated

      

Carrying

 
  

1/31/2023

  

Amount

  

Amortization

  

Impairment

  

Amount

  

Amount

  

Amortization

  

Impairment

  

Amount

 
      

(in thousands)

  

(in thousands)

 

Proprietary rights

  5.1  $8,238  $(4,606)  —   3,632  $8,237  $(4,150)  —   4,087 

Customer relationships

  0.2   5,024   (4,894)  —   130   5,024   (4,797)  —   227 

Patents

  2.0   2,540   (2,027)  —   513   2,540   (1,778)  —   762 

Trade name

  3.3   894   (97)  (760)  37   894   (85)  (760)  49 

Developed technology

  2.9   1,430   (1,013)  —   417   1,430   (870)  —   560 

Other

  1.3   705   (503)  —   202   694   (361)  —   333 

Amortizable intangible assets

     $18,831  $(13,140) $(760) $4,931  $18,819  $(12,041) $(760) $6,018 

 

Approximately $923,000 of the gross carrying amount of intangible assets, primarily in proprietary rights, are related to technology development projects that have not yet been completed. As a result, these intangible assets are not currently being amortized. The Company did not record impairment of intangible assets during fiscal years 2023 and 2022.

 

Aggregate amortization expense was $1.1 million and $1.3 million for fiscal 2023 and fiscal 2022, respectively. As of January 31, 2023, future estimated amortization expense related to amortizable intangible assets is estimated to be (in thousands):

 

For fiscal year ending January 31:

    

2024

 $704 

2025

  839 

2026

  608 

2027

  506 

2028

  267 

Thereafter

  1,084 

Total

 $4,008