Note 8 - Goodwill

9 Months Ended

Mar. 31, 2023

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 March 31, 2023 and June 30, 2022:

	March 31,		June 30,
	2023		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 March 31, 2023 or 2022.