XML 129 R17.htm IDEA: XBRL DOCUMENT v3.24.3
GOODWILL
12 Months Ended
Jun. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL

NOTE 8. GOODWILL

 

Changes in the carrying amount of goodwill were as follows (in thousands):

 

Goodwill  June 30, 2022   June 30, 2023   Acquisitions   Impairments   June 30, 2024 
Beauty products - Original Sprout  $417   $417   $             -   $(417)  $- 
Food products - Gourmet Foods   275    275    -    -    275 
Security systems - Brigadier   351    351    -    -    351 
Financial services - Marygold & Co. (UK) (1)   1,264    1,264    591    -    1,855 
Total  $2,307   $2,307   $591   $(417)  $2,481 

 

(1)Refer to Note 6, Business Combinations, regarding increase in goodwill during the years ended June 30, 2024.

 

The Company tests for goodwill impairment at each reporting unit annually on June 30. Refer to Note 7, Impairment Loss, regarding the goodwill impairment recorded during 2024.