Quarterly report pursuant to Section 13 or 15(d)

Goodwill and intangible assets

v3.20.4
Goodwill and intangible assets
6 Months Ended
Jan. 31, 2021
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 January 31, 2021 and 2020.


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, 2020   $ 27,686     $ (27,148 )   $ 538  
Amortization expense     -         (151 )     (151 )
Foreign currency translation     168       (162 )     6  
January 31, 2021   $ 27,854     $ (27,461 )   $ 393  

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


    January 31, 2021     July 31, 2020  
    Gross     Accumulated
Amortization
    Net     Gross     Accumulated
Amortization
    Net  
Patents   $ 11,027     $ (11,023 )   $ 4     $ 11,027       (11,014 )   $ 13  
Customer relationships     12,095       (11,706 )     389       12,003       (11,478 )     525  
Website and acquired content     1,028       (1,028 )     -         1,022       (1,022 )     -    
Licensed technology and other     492       (492 )     -         483       (483 )     -    
Trademarks     3,212       (3,212 )     -         3,151       (3,151 )     -    
Total   $ 27,854     $ (27,461 )   $ 393     $ 27,686       (27,148 )   $ 538  

At January 31, 2021, information with respect to acquired intangibles is as follows:     Useful life assigned   Weighted average
remaining useful life
Customer relationships   8 -15 years   1 year

At January 31, 2021, the weighted average remaining useful life of all intangible assets was approximately two years.