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Goodwill and Intangible Assets, Net (Tables)
6 Months Ended
Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets

Intangible assets, net, consisted of the following (in thousands):

 

December 31, 2023

 

 

June 30, 2023

 

 

 

Gross

 

 

 

 

 

Net

 

 

Gross

 

 

 

 

 

Net

 

 

 

Carrying

 

 

Accumulated

 

 

Carrying

 

 

Carrying

 

 

Accumulated

 

 

Carrying

 

 

 

Amount

 

 

Amortization

 

 

Amount

 

 

Amount

 

 

Amortization

 

 

Amount

 

Customer/publisher/advertiser relationships

 

$

91,630

 

 

$

(64,906

)

 

$

26,724

 

 

$

91,629

 

 

$

(61,025

)

 

$

30,604

 

Content

 

 

43,056

 

 

 

(43,056

)

 

 

 

 

 

43,056

 

 

 

(43,056

)

 

 

 

Website/trade/domain names

 

 

25,422

 

 

 

(19,756

)

 

 

5,666

 

 

 

25,422

 

 

 

(19,451

)

 

 

5,971

 

Acquired technology and others

 

 

34,934

 

 

 

(33,779

)

 

 

1,154

 

 

 

34,934

 

 

 

(32,809

)

 

 

2,125

 

Total

 

$

195,042

 

 

$

(161,497

)

 

$

33,544

 

 

$

195,041

 

 

$

(156,341

)

 

$

38,700

 

Amortization Expense

Future amortization expense for the Company’s intangible assets as of December 31, 2023 was as follows (in thousands):

 

Fiscal Year Ending June 30,

 

 

 

 

 

 

 

Amortization

 

2024 (remaining nine months)

 

 

 

 

 

 

 

$

5,052

 

2025

 

 

 

 

 

 

 

 

8,069

 

2026

 

 

 

 

 

 

 

 

5,461

 

2027

 

 

 

 

 

 

 

 

4,500

 

2028

 

 

 

 

 

 

 

 

4,037

 

Thereafter

 

 

 

 

 

 

 

 

6,425

 

Total

 

 

 

 

 

 

 

$

33,544