Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Intangible Assets

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Goodwill and Intangible Assets
 6 Months Ended
Jan. 31, 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 January 31, 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    
—
       (140 )     (140 )
Foreign currency translation     (216 )     212       (4 )
January 31, 2022   $ 27,559     $ (27,459 )   $ 100  

 

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

 

    January 31, 2022     July 31, 2021  
    Gross     Accumulated
Amortization		     Net     Gross     Accumulated
Amortization		     Net  
Patents   $ 11,027     $ (11,027 )   $
—
     $ 11,027       (11,027 )   $
—
  
Customer relationships     11,940       (11,840 )     100       12,059       (11,815 )     244  
Website and acquired content     1,019       (1,019 )    
—
       1,025       (1,025 )    
—
  
Licensed technology and other     488       (488 )    
—
       494       (494 )    
—
  
Trademarks     3,085       (3,085 )    
—
       3,170       (3,170 )    
—
  
Total   $ 27,559     $ (27,459 )   $ 100     $ 27,775       (27,531 )   $ 244  

 

At January 31, 2022, information with respect to acquired intangibles is as follows:

 

 

   Useful life assigned   Weighted average
remaining useful life
Customer relationships   8 -15 years   0.5 years

 

At January 31, 2022, the weighted average remaining useful life of all intangible assets was approximately six months.