Company: NGVC
Filing Date: 2025-02-06
Form Type: 10-Q
Source: 0001437749-25-003026
Chunk: 21

Company: Natural Grocers by Vitamin Cottage, Inc.
Filing Date: 2025-02-06
Form: 10-Q
Item: Part I, Item 1
Chunk 21
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			December 31,

			2024

			September 30,

			2024

			Amortizable intangible assets:

			Other intangibles

			0.5
			-
			7

			$
			14,903

			14,866

			Less accumulated amortization

			(7,514
			
			)

			(7,034
			
			)

			Amortizable intangible assets, net

			7,389

			7,832

			Other intangibles in process

			78

			50

			Trademarks

			Indefinite

			389

			389

			Deferred financing costs, net

			3
			-
			8

			18

			19

			Total other intangibles, net

			7,874

			8,290

			Goodwill

			Indefinite

			5,198

			5,198

			Total goodwill and other intangibles, net

			$
			13,072

			13,488

14

11. Accrued Expenses

The composition of accrued expenses as of December 31, 2024 and September 30, 2024 is summarized as follows, dollars in thousands:

			As of

			December 31,

			September 30,

			2024

			2024

			Payroll and employee-related expenses

			$
			16,582

			21,874

			Accrued property, sales and use tax payable

			9,821

			9,607

			Accrued marketing expenses

			575

			413

			Deferred revenue

			2,268

			1,895

			Other

			5,314

			2,058

			Total accrued expenses

			$
			34,560

			35,847

12. Income Taxes 

Income taxes are accounted for in accordance with the provisions of FASB ASC Topic 740 “Income Taxes” (ASC 740). Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax basis. Deferred tax assets and liabilities are remeasured using enacted