Crown Crafts, Inc. Quarterly report [Sections 13 or 15(d)]

Quarterly report [Sections 13 or 15(d)]

Note 8 - Intangible Assets

Note 8 - Intangible Assets

3 Months Ended

Jun. 28, 2026

Intangible Asset and Goodwill [Text Block]

Note 8 –Intangible Assets

Intangible Assets: Our finite-lived intangible assets consist primarily of the fair value of identifiable assets acquired in business combinations. The gross amount, accumulated amortization and net balances of the Company’s intangible assets as of June 28, 2026 and March 29, 2026, are as follows (in thousands):

	Gross Amount				Accumulated Amortization				Net Amount
	June 28,		March 29,		June 28,		March 29,		June 28,		March 29,
	2026		2026		2026		2026		2026		2026
Tradename and trademarks	$	2,751	$	3,217	$	1,959	$	2,405	$	792	$	812
Non-compete covenants		-		98		-		98		-		-
Patents		1,601		1,601		1,226		1,212		375		389
Customer relationships		8,051		8,174		7,235		7,292		816		882
Licensing relationships		4,800		4,800		695		608		4,105		4,192
Total intangible assets	$	17,203	$	17,890	$	11,114	$	11,615	$	6,088	$	6,275

Amortization expense, which is included in marketing and administrative expenses in the accompanying unaudited condensed consolidated statements of operations, amounted to $187 thousand and $214 thousand for the three-month periods ended June 28, 2026 and June 29, 2025.