Annual report pursuant to Section 13 and 15(d)

Goodwill and Intangible Assets

v3.22.2.2
Goodwill and Intangible Assets
12 Months Ended
Jul. 31, 2022
Goodwill and Intangible Assets [Abstract]  
Goodwill and intangible assets

Note 2 – 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 July 31, 2022 and 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, 2020   $ 27,686     $ (27,148 )   $ 538  
Amortization expense    
      (296 )     (296 )
Foreign currency translation     89       (87 )     2  
July 31, 2021   $ 27,775     $ (27,531 )   $ 244  
Amortization expense    
      (239 )     (239 )
Foreign currency translation     (512 )     507       (5 )
July 31, 2022   $ 27,263     $ (27,263 )   $
 

 

Intangible assets, all finite-lived and fully amortized as of July 31, 2022, consist of the following:

 

    July 31, 2022     July 31, 2021  
    Gross     Accumulated
Amortization
    Net     Gross     Accumulated
Amortization
    Net  
Patents   $ 11,027       (11,027 )   $
    $ 11,027     $ (11,027 )   $
 
Customer relationships     11,771       (11,771 )    
      12,059       (11,815 )     244  
Website and acquired content     1,011       (1,011 )    
      1,025       (1,025 )    
 
Licensed technology and other     470       (470 )    
      494       (494 )    
 
Trademarks     2,984       (2,984 )    
      3,170       (3,170 )    
 
Total   $ 27,263       (27,263 )   $
    $ 27,775     $ (27,531 )   $ 244  

 

Amortization expense for the years ended July 31, 2022, 2021, and 2020 was $239, $296 and $524, respectively.