BIOLIFE SOLUTIONS INC Goodwill & Intangibles Disclosure
| (In thousands) | Goodwill | ||||
Goodwill as of December 31, 2024(1) | $ | 212,304 | |||
| Less: Goodwill allocated to SAVSU in divestiture | (3,717) | ||||
| Balance as of December 31, 2025 | $ | 208,587 | |||
| (In thousands, except weighted average useful life) | December 31, 2025 | ||||||||||||||||||||||
| Intangible assets: | Gross Carrying Value | Accumulated Amortization | Net Carrying Value | Weighted Average Useful Life (in years) | |||||||||||||||||||
| Tradenames | $ | 2,794 | $ | (1,268) | $ | 1,526 | 5.9 | ||||||||||||||||
| Technology - acquired | 7,822 | (5,091) | 2,731 | 2.9 | |||||||||||||||||||
| Total intangible assets | $ | 10,616 | $ | (6,359) | $ | 4,257 | 3.7 | ||||||||||||||||
| December 31, 2024 | |||||||||||||||||||||||
| Intangible assets: | Gross Carrying Value | Accumulated Amortization | Net Carrying Value | Weighted Average Useful Life (in years) | |||||||||||||||||||
| Tradenames | $ | 2,794 | $ | (1,004) | $ | 1,790 | 6.9 | ||||||||||||||||
| Technology - acquired | 7,922 | (4,147) | 3,775 | 3.9 | |||||||||||||||||||
| Total intangible assets | $ | 10,716 | $ | (5,151) | $ | 5,565 | 4.7 | ||||||||||||||||
| (In thousands) | |||||
| For the Years Ending December 31, | Estimated Amortization Expense | ||||
| 2026 | $ | 1,206 | |||
| 2027 | 1,016 | ||||
| 2028 | 742 | ||||
| 2029 | 530 | ||||
| 2030 | 411 | ||||
| Thereafter | 352 | ||||
| Total | $ | 4,257 | |||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Feb 26, 2026 | Showing above |
| 2024 | Mar 3, 2025 | |
| 2023 | Feb 29, 2024 | |
| 2021 | Mar 31, 2022 | |
| 2019 | May 15, 2020 | |
About Goodwill & Intangibles Disclosures
Goodwill and intangible asset disclosures reveal the premium paid in acquisitions and how management assesses whether that premium retains its value. Since goodwill is no longer amortized under US GAAP, the annual impairment test is the only mechanism that adjusts carrying values downward — making the assumptions behind that test critically important for investors.
Key signals: a history of goodwill impairments suggests management consistently overpays for acquisitions. Watch the gap between reporting unit fair value and carrying amount — when fair value exceeds carrying amount by less than 10-20%, a small decline in business performance could trigger a write-down. For finite-lived intangibles, examine useful life assumptions across customer relationships, technology, and trade names; aggressive estimates inflate near-term earnings. Compare total intangibles-to-total-assets ratios against peers to assess acquisition dependency. Rising goodwill as a percentage of equity can signal balance sheet fragility.