Note 8 - Goodwill

3 Months Ended

Sep. 30, 2022

Notes to Financial Statements

Goodwill Disclosure [Text Block]

NOTE 8. GOODWILL

Goodwill represents the excess of the aggregate purchase price over the fair value of the net assets acquired in business combinations.

Goodwill is comprised of the following amounts as of September 30, 2022 and June 30, 2022:

	September 30,		June 30,
	2022		2022
Goodwill – Original Sprout		416,817		416,817
Goodwill – Gourmet Foods		275,311		275,311
Goodwill – Brigadier		351,345		351,345
Goodwill - Marygold & Co. (UK)		1,263,729		1,263,729
Total	$	2,307,202	$	2,307,202

The Company tests for goodwill impairment at each reporting unit. There was no goodwill impairment for the three months ended September 30, 2022 or 2021.