Annual report pursuant to Section 13 and 15(d)

Goodwill and Other Intangible Assets

v3.21.4
Goodwill and Other Intangible Assets
 12 Months Ended
Sep. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangible Assets Goodwill and Other Intangible Assets
The changes in the carrying value of goodwill are as follows:

Goodwill balance, September 30, 2020
 $ — 
Acquisitions(1)
 13,271 
Goodwill balance, September 30, 2021
 $ 13,271 
__________
(1) Represents the goodwill associated with the Trinity acquisition. See Note 4 for additional information.

Purchase of Blade Domain
On December 16, 2020, the Company purchased the website domain “Blade.com” for $504 in cash. Blade has recorded the purchase of the domain as an indefinite lived intangible asset, subject to impairment testing at least annually. As of September 30, 2021, the Company did not deem impairment of its website domain necessary.
Intangible Assets
The following table presents information about the Company's intangible assets as of September 30:
2021 2020
Estimated Useful Life
Gross
Carrying
Amount
Accumulated
Amortization

 
Net
Gross
Carrying
Amount

Accumulated
Amortization

Net
Customer list(1)
5-10 years
 $ 11,542  $ (645) $ 10,897  $ 942  $ (414) $ 528 
Domain name
 Indefinite 504  —  504  —  —  — 
Trademarks(1)
6-10 years
 1,006  (9) 997  6  (1) 5 
Developed technology(1)
3 years
 250  (4) 246  —  —  — 
Total
 $ 13,302  $ (658) $ 12,644  $ 948  $ (415) $ 533 
__________
(1) Includes intangible assets acquired associated with the Trinity acquisition. See Note 4 for additional information.
For the years ended September 30, 2021, 2020 and 2019, amortization of its finite-lived intangible assets was $243, $190 and $183, respectively.
As of September 30, 2021, the estimated amortization expense of its finite-lived intangible assets for each of the next five years are as follows:

For the Year Ended September 30,
2022
 $ 1,499 
2023 $ 1,462 
2024 $ 1,309 
2025 $ 1,227 
2026 $ 1,227