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. The customer/distributor relationships were written off via an impairment charge in fiscal 2019. The goodwill and trade name were written off via impairment charges in fiscal 2019 and 2020. Furthermore, the Company continues to develop intangibles, primarily software. Intangible 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 software is five years.

At September 30, 2020, there are no indications of potential impairment of the Company’s software.

	September 30, 2020							June 30, 2020
	Gross					Net		Gross								Net
	Carrying		Accumulated			Carrying		Carrying		Impairments			Accumulated			Carrying
	Amount		Amortization			Amount		Amount					Amortization			Amount
Trade Name	$	-	$	-		$	-	$	1,674	$	(558	)	$	(1,116	)	$	-
Software		2,104		(1,126	)		978		2,104		-			(1,004	)		1,100
Total	$	2,104	$	(1,126	)	$	978	$	3,778	$	(558	)	$	(2,120	)	$	1,100

Amortization expense was $122,000 and $104,000 for the three months ended September 30, 2020 and 2019, respectively.

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

Years Ending June 30,	Amount
2021 (excluding the three months ended September 30, 2020)		262
2022		368
2023		273
2024		75
2025		-
after 2025		-
	$	978