The Company acquired intangible assets consisting of a Trade Name and Customer/Distributor Relationships in addition to goodwill in connection with the acquisitions of Coord3 and NMS in the third quarter of fiscal 2015 which is considered the Company’s CMM reporting unit. Furthermore, the Company continues to develop intangibles, primarily software. These assets are susceptible to shortened estimated useful lives and changes in fair value due to changes in their use, market or economic changes, or other events or circumstances. The amortization periods for customer/distributor relationships, trade name and software are five years, ten years and five years, respectively.

During the fourth quarter of fiscal 2019, due to the impairment indicators discussed in Note 3, the Company assessed whether the carrying amounts of its long-lived assets in the CMM reporting unit (the asset group) may not be recoverable and therefore may be impaired. To assess the recoverability, the undiscounted cash flows of the asset group were analyzed over a range of potential remaining useful lives with the customer relationships as the primary asset. The result was that the asset group carrying value exceeded the sum of the undiscounted cash flows. After a fair value analysis, the Company determined that the trade name and customer relationships were impaired. The Company recorded a non-cash impairment loss related to these definite-lived intangible assets of $1.4 million. There were no impairment indicators for other long-lived assets subject to amortization in fiscal 2019.

In the third quarter of fiscal 2020, the Company determined there was a triggering event caused by the economic impacts of the COVID-19 pandemic and related restrictions. As a result, the Company assessed whether the carrying amounts of its long-lived assets in the CMM reporting unit (the asset group) may not be recoverable and therefore may be impaired. To assess the recoverability, the undiscounted cash flows of the asset group were analyzed over a range of potential remaining useful lives with the tradename as the primary asset. The result was that the asset group carrying value exceeded the sum of the undiscounted cash flows. After a fair value analysis, it was determined the trade name was not recoverable and was impaired. As a result, the Company recorded a non-cash impairment loss of $0.5 million.

	March 31,					Accumulated			March 31,		June 30,					Accumulated			June 30,
	2020					Amortization/			2020		2019					Amortization/			2019
	Gross					Impact of			Net		Gross					Impact of			Net
	Carrying					Foreign			Carrying		Carrying					Foreign			Carrying
	Amount		Impairments			Currency			Amount		Amount		Impairments			Currency			Amount
Customer/Distributor Relationships	$	-	$	-		$	-		$	-	$	3,249	$	(589	)	$	(2,660	)	$	-
Trade Name		1,674		(558	)		(1,116	)		-		2,523		(795	)		(1,067	)		661
Software		2,104		-			(928	)		1,176		1,902		-			(747	)		1,155
Total	$	3,778	$	(558	)	$	(2,044	)	$	1,176	$	7,674	$	(1,384	)	$	(4,474	)	$	1,816

Amortization expense was $68,000 and $306,000 for the three months ended March 31, 2020 and 2019, respectively. Amortization expense was $267,000 and $877,000 for the nine months ended March 31, 2020 and 2019, respectively.

The estimated amortization of the remaining intangible assets by year is as follows (in thousands):