Annual report pursuant to Section 13 and 15(d)

Intangibles

v3.20.4
Intangibles
12 Months Ended
Sep. 30, 2020
Goodwill And Intangible Assets Disclosure [Abstract]  
Intangibles

Note 6:         Intangibles

The Company’s intangible assets consist of customer relationship intangibles, trade names, licenses for the use of internet domain names, Universal Resource Locators, or URL’s, software, and marketing and technology related intangibles.

 

Impairment charges of $3,222 for the year ended September 30, 2019, were related to the write down of intangibles associated with the ApplianceSmart customer list and trade names due to the bankruptcy filing in December 2019, the write down of lease intangibles related to the ApplianceSmart retail locations closed during the period and the write down of software that is no longer in use. There were no impairment charges for the year ended September 30, 2020.

The following summarizes estimated future amortization expense related to intangible assets that have net balances:

 

As of September 30,

 

 

 

 

2021

 

$

423

 

2022

 

 

227

 

2023

 

 

201

 

2024

 

 

44

 

2025

 

 

29

 

Thereafter

 

 

139

 

 

 

$

1,063