9. INTANGIBLE ASSETS

9 Months Ended

Jun. 30, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

INTANGIBLE ASSETS

. INTANGIBLE ASSETS

Intangible assets consist of the following as of June 30, 2024 and September 30, 2023:


		June 30, 2024												September 30, 2023
($ in thousands)		Intangible assets				Accumulated amortization				Net intangible assets				Intangible assets				Accumulated amortization				Net intangible assets
Software		$	980			$	(180	)		$	800			$	440			$	(90	)		$	350
Websites			15				(12	)			3				15				(8	)			7
Strategic Contract			9,800				(7,023	)			2,777				9,800				(5,554	)			4,246
Total		$	10,795			$	(7,215	)		$	3,580			$	10,255			$	(5,652	)		$	4,603

Amortization expense for the nine months ended June 30, 2024 and 2023 was $1,563 and $1,599, respectively.

The Company expects to record amortization expense of intangible assets over the next 5 years and thereafter as follows:


Fiscal Year
($ in thousands)		June 30, 2024
Remainder of 2024		$	540
2025			2,158
2026			523
2027			193
2028 and thereafter			166
Total		$	3,580