| Goodwill and intangible assets |
Note 6 – Goodwill and intangible assets
At April 30, 2020 and July 31, 2019, the Company has goodwill
of $7,452 allocated to the Clinical Services reporting unit.
The Company’s change in the carrying amount of intangible
assets, all in the Products segment is as follows:
| |
|
Gross |
|
|
Accumulated Amortization |
|
|
Net |
|
| July 31, 2019 |
|
$ |
27,238 |
|
|
$ |
(26,206 |
) |
|
$ |
1,032 |
|
| Amortization expense |
|
|
— |
|
|
|
(451 |
) |
|
|
(451 |
) |
| Foreign currency translation |
|
|
47 |
|
|
|
(40 |
) |
|
|
7 |
|
| April 30, 2020 |
|
$ |
27,285 |
|
|
$ |
(26,697 |
) |
|
$ |
588 |
|
Intangible assets, all finite lived, consist of the following:
| |
|
April 30, 2020 |
|
|
July 31, 2019 |
|
| |
|
Gross |
|
|
Accumulated
Amortization |
|
|
Net |
|
|
Gross |
|
|
Accumulated
Amortization |
|
|
Net |
|
| Patents |
|
$ |
11,027 |
|
|
$ |
(11,010 |
) |
|
$ |
17 |
|
|
$ |
11,027 |
|
|
$ |
(10,996 |
) |
|
$ |
31 |
|
| Customer relationships |
|
|
11,791 |
|
|
|
(11,220 |
) |
|
|
571 |
|
|
|
11,746 |
|
|
|
(10,745 |
) |
|
|
1,001 |
|
| Website and acquired content |
|
|
1,009 |
|
|
|
(1,009 |
) |
|
|
— |
|
|
|
1,008 |
|
|
|
(1,008 |
) |
|
|
— |
|
| Licensed technology and other |
|
|
475 |
|
|
|
(475 |
) |
|
|
— |
|
|
|
483 |
|
|
|
(483 |
) |
|
|
— |
|
| Trademarks |
|
|
2,983 |
|
|
|
(2,983 |
) |
|
|
— |
|
|
|
2,974 |
|
|
|
(2,974 |
) |
|
|
— |
|
| Total |
|
$ |
27,285 |
|
|
$ |
(26,697 |
) |
|
$ |
588 |
|
|
$ |
27,238 |
|
|
$ |
(26,206 |
) |
|
$ |
1,032 |
|
At April 30, 2020, information with respect to intangibles assets
acquired is as follows:
| |
|
Useful life assigned |
|
Weighted average
remaining useful life |
|
| Customer relationships |
|
8 -15 years |
|
Less than 1
year |
|
| Other intangibles |
|
10 years |
|
Less than 2
years |
|
At April 30, 2020, the weighted average remaining useful life
of intangible assets is approximately one year.
|