Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets

v3.22.2.2
Intangible Assets
6 Months Ended
Jul. 30, 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 weeks ended July 30, 2022 and July 31, 2021 consisted of the following:


   
Thirteen Weeks Ended
   
Thirty-six Weeks Ended
 

 
July 30,
   
July 31,
   
July 30,
   
July 31,
 
(amounts in thousands)
  2022
    2021
    2022
    2021
 
                         
Amortized intangible assets:
                       
Technology
 
$
-
   
$
97
   
$
-
   
$
194
 
Trade names and trademarks
   
-
     
160
     
-
     
320
 
Total amortization expense
 
$
-
   
$
257
   
$
-
   
$
514