Company: NGVC
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001437749-25-015486
Chunk: 24

Company: Natural Grocers by Vitamin Cottage, Inc.
Filing Date: 2025-05-08
Form: 10-Q
Item: Part I, Item 8
Chunk 24
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2025

			2024

			2025

			2024

			Depreciation and amortization expense included in cost of goods sold and occupancy costs

			$
			200

			216

			396

			357

			Depreciation and amortization expense included in store expenses

			6,842

			6,994

			14,178

			13,839

			Depreciation and amortization expense included in administrative expenses

			846

			443

			1,264

			838

			Depreciation and amortization expense included in pre-opening expenses

			—

			49

			—

			119

			Total depreciation and amortization expense

			$
			7,888

			7,702

			15,838

			15,153

9. Other Assets

Other assets as of March 31, 2025 and September 30, 2024, are summarized as follows, dollars in thousands:

			As of

			Useful lives

			March 31,

			September 30,

			(in years)

			2025

			2024

			Amortizable other assets:

			Implementation costs for software hosting arrangements

			3
			–
			4

			$
			2,485

			171

			Less accumulated amortization

			(1
			)

			(—
			)

			Amortizable other assets, net

			2,484

			171

			Deposits

			n/a

			186

			158

			Deferred sublease rents

			n/a

			91

			127

			Other

			n/a

			2

			2

			Total other assets

			$
			2,763

			458

10. Goodwill and Other Intangible Assets

The Company had the following goodwill and other intangible asset balances as of March 31, 2025 and September 30, 2024, dollars in thousands:

			As of

			Useful lives

			(in years)

			March 31,

			2025

			September 30,

			2024

			Amortizable intangible assets:

			Internal