Kaspien Holdings Inc. Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets (Tables)

6 Months Ended

Jul. 31, 2021

Identifiable intangible assets as of July 31, 2021 consisted of the following (amounts in thousands):

	July 31, 2021
	Weighted Average Amortization Period (in months)		Original Gross Carrying Amount		Accumulated Impairment		Accumulated Amortization		Net Carrying Amount

Technology		60	$	6,700	$	2,587	$	4,048	$	65
Trade names and trademarks		60		3,200		-		3,047		153
			$	9,900	$	2,587	$	7,095	$	218

The changes in net intangibles and goodwill from January 30, 2021 to July 31, 2021 were as follows:

(amounts in thousands)	January 30, 2021		Impairment Expense		Amortization Expense		July 31, 2021

Amortized intangible assets:
Technology	$	259	$	-	$	194	$	65
Trade names and trademarks		473		-		320		153
Net amortized intangible assets	$	732	$	-	$	514	$	218

Amortization expense of intangible assets for the thirteen and twenty-six weeks ended July 31, 2021 and August 1, 2020 consisted of the following:

	Thirteen Weeks Ended				Twenty-six Weeks Ended
(amounts in thousands)	July 31, 2021		August 1, 2020		July 31, 2021		August 1, 2020

Amortized intangible assets:
Technology	$	97	$	97	$	194	$	194
Trade names and trademarks		160		160		320		320
Total amortization expense	$	257	$	257	$	514	$	514