Intangible Assets

9 Months Ended

Oct. 29, 2022

Intangible Assets [Abstract]

Intangible Assets

Note 4. Intangible Assets

The determination of the fair value of intangible assets acquired in a business acquisition, including the Company’s acquisition of Kaspien in 2016, is subject to many estimates and assumptions. Our identifiable intangible assets that resulted from our acquisition of Kaspien consist of  technology and tradenames. As of October 30, 2021, the intangible assets were fully amortized. Amortization expense of intangible assets for the thirteen and thirty-nine weeks ended October 29, 2022 and October 30, 2021 consisted of the following:

	Thirteen Weeks Ended				Thirty-nine Weeks Ended
	October 29,		October 30,		October 29,		October 30,
(amounts in thousands)	2022		2021		2022		2021
Amortized intangible assets:
Technology	$	-	$	65	$	-	$	259
Trade names and trademarks		-		153		-		473
Total amortization expense	$	-	$	218	$	-	$	732