Quarterly report pursuant to Section 13 or 15(d)

Note 11 - Goodwill and Intangibles (Tables)

v3.25.0.1
Note 11 - Goodwill and Intangibles (Tables)
 3 Months Ended
Dec. 31, 2024
Notes Tables  
Schedule of Goodwill [Table Text Block]

(In thousands)

  

Clearfield, Inc.

    

Nestor Cables

    

Total

  

Balance as of September 30, 2024

  

$

4,709

    

$

1,918

    

$

6,627

  

Currency translation effect on foreign goodwill balances

    

-

      

(134

)

    

(134

)

Balance as of December 31, 2024

  

$

4,709

    

$

1,784

    

$

6,493

  

(In thousands)

  

Clearfield, Inc.

    

Nestor Cables

    

Total

  

Balance as of September 30, 2023

  

$

4,709

    

$

1,819

    

$

6,528

  

Currency translation effect on foreign goodwill balances

    

-

      

87

      

87

  

Balance as of December 31, 2023

  

$

4,709

    

$

1,906

    

$

6,615

  
Schedule of Finite-Lived Intangible Assets [Table Text Block]
   

December 31, 2024

  

(In thousands)

  

Useful Life (Years)

    

Gross Carrying Amount

    

Accumulated Amortization

    

Net Book Value Amount

  

Customer relationships

     15     $ 4,778     $ 1,884     $ 2,894  

Certifications

     8       1,068       918       150  

Trademarks

     8-10       1,081       610       471  

Patents

     20       1,330       232       1,098  

Developed Technology

     10       321       77       244  

Other

     5       6       6       -  

Software

     1-3       3,846       2,600       1,246  

Totals

           $ 12,430     $ 6,327     $ 6,103  
   

September 30, 2024

  

(In thousands)

  

Useful Life (Years)

    

Gross Carrying Amount

    

Accumulated Amortization

    

Net Book Value Amount

  

Customer relationships

     15     $ 4,856     $ 1,815     $ 3,041  

Certifications

     8       1,068       884       184  

Trademarks

     8-10       1,120       588       532  

Patents

     20       1,302       219       1,083  

Developed Technology

     10       346       75       271  

Other

     5       6       6       -  

Software

     1-3       3,475       2,243       1,232  

Totals

           $ 12,173     $ 5,830     $ 6,343  
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]

(In thousands)

  

Estimated amortization expense

  

FY 2025 (remaining)

  

$

1,326

  

FY 2026

    

774

  

FY 2027

    

547

  

FY 2028

    

460

  

FY 2029

    

446

  

Thereafter

    

2,550

  

Total

  

$

6,103