Balance Sheet Components |
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Organization Consolidation And Presentation Of Financial Statements [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Balance Sheet Components |
8. Balance Sheet Components Accounts Receivable, Net Accounts receivable, net was comprised of the following (in thousands):
Prepaid Expenses and Other Assets Prepaid expenses and other assets were comprised of the following (in thousands):
In fiscal year 2016, the Company entered into a 10-year partnership agreement with a large online customer acquisition marketing company focused on the U.S. insurance industry to be its exclusive click monetization partner for the majority of its insurance categories. The agreement included a one-time upfront cash payment of $10.0 million, which was being amortized on a straight-line basis over the life of the contract. As of June 30, 2020, the Company had recorded the unamortized remainder of the upfront cash payment of $5.3 million within prepaid expenses and other assets on the consolidated balance sheet. As of July 1, 2020, the contract was terminated and the unamortized remainder of the upfront cash payment was subsequently refunded. Amortization expense was $1.0 million and $1.0 million for fiscal years 2020 and 2019. Property and Equipment, Net Property and equipment, net was comprised of the following (in thousands):
Depreciation expense was $1.8 million, $1.3 million and $1.1 million for fiscal years 2021, 2020 and 2019. Amortization expense related to internal software development costs was $2.6 million, $2.4 million and $2.3 million for fiscal years 2021, 2020 and 2019. Accrued liabilities Accrued liabilities were comprised of the following (in thousands):
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