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Intangible Assets and Goodwill (Tables)
 3 Months Ended 12 Months Ended
Sep. 30, 2016
Jun. 30, 2016
Goodwill and Intangible Assets Disclosure [Abstract]    
Intangible Assets
 
 
September 30, 2016
 
June 30, 2016
 
 
Description
Amortization
Period
 
 
Amount
 
Accumulated
Amortization
 
Carrying
Value
 
 
Amount
 
Accumulated
Amortization
 
Carrying
Value
 
Wetpaint technology
60 months
 
$
4,952

 
 
$
(3,368
)
 
 
$
1,584

 
 
$
4,952

 
 
$
(3,276
)
 
 
$
1,676

 
Wetpaint trademarks
276 months
 
1,453

 
 
(427
)
 
 
1,026

 
 
1,453

 
 
(415
)
 
 
1,038

 
Wetpaint customer relationships
60 months
 
917

 
 
(832
)
 
 
85

 
 
917

 
 
(827
)
 
 
90

 
Choose Digital licenses
60 months
 
829

 
 
(574
)
 
 
255

 
 
829

 
 
(559
)
 
 
270

 
Choose Digital software
60 months
 
627

 
 
(234
)
 
 
393

 
 
627

 
 
(212
)
 
 
415

 
DraftDay tradename
84 months
 
180

 
 
(50
)
 
 
130

 
 
180

 
 
(38
)
 
 
142

 
Draftday non-compete agreements
6 months
 
30

 
 
(30
)
 
 
—

 
 
30

 
 
(30
)
 
 
—

 
DraftDay internally generated capitalized software
60 months
 
1,498

 
 
(394
)
 
 
1,104

 
 
1,498

 
 
(303
)
 
 
1,195

 
DraftDay customer relationships
24 months
 
556

 
 
(456
)
 
 
100

 
 
556

 
 
(351
)
 
 
205

 
Rant trademarks
120 months
 
2,700

 
 
(56
)
 
 
2,644

 
 
—

 
 
—

 
 
—

 
Rant content
24 months
 
650

 
 
(68
)
 
 
582

 
 
—

 
 
—

 
 
—

 
Rant technology
60 months
 
1,500

 
 
(64
)
 
 
1,436

 
 
—

 
 
—

 
 
—

 
Rant advertising relationships
24 months
 
650

 
 
(68
)
 
 
582

 
 
—

 
 
—

 
 
—

 
Other
various
 
326

 
 
(18
)
 
 
308

 
 
326

 
 
(18
)
 
 
308

 
Total
 
 
$
16,868

 
 
$
(6,639
)
 
 
$
10,229

 
 
$
11,368

 
 
$
(6,029
)
 
 
$
5,339

 
 
Intangible assets consist of the following:
 
 
June 30, 2016
 
June 30, 2015
 
Amortization
 
Accumulated
Carrying
 
 
Accumulated
Carrying
Description
Period
Amount
Amortization
Value
 
Amount
Amortization
Value
Wetpaint technology
60 months
$
4,952

$
(3,276
)
$
1,676

 
$
10,600

$
(2,336
)
$
8,264

Wetpaint trademarks
276 months
1,453

(415
)
1,038

 
5,800

(296
)
5,504

Wetpaint customer relationships
60 months
917

(827
)
90

 
2,000

(617
)
1,383

Wetpaint non-compete agreements
36 months
—

—

—

 
609

(313
)
296

Choose Digital licenses
60 months
829

(559
)
270

 
1,740

(355
)
1,385

Choose Digital software
60 months
627

(212
)
415

 
550

(112
)
438

DraftDay tradename
84 months
180

(38
)
142

 
—

—

—

Draftday non-compete agreements
6 months
30

(30
)
—

 
—

—

—

DraftDay internally generated capitalized software
60 months
1,498

(303
)
1,195

 
—

—

—

DraftDay customer relationships
24 months
556

(351
)
205

 
—

—

—

Internally generated capitalized software
36 months
—

—

—

 
1,610

(515
)
1,095

Other
various
326

(18
)
308

 
326

(8
)
318

 
 
 
 
 
 
 
 
 
Total
 
$
11,368

$
(6,029
)
$
5,339

 
$
23,235

$
(4,552
)
$
18,683
Future Annual Amortization Expense
Future annual amortization expense expected is as follows:
Years ending June 30,
 
2017
$
2,370

2018
$
3,026

2019
$
1,730

2020
$
1,367

2021
$
1,036
Future annual amortization expense expected is as follows:
Years Ending June 30
Amount

2017
$
1,194

2018
966

2019
919

2020
919

2021
670
Schedule of Goodwill
Goodwill consists of the following:
Description
Amount
Balance at July 1, 2016
$
11,270

Rant preliminary purchase price allocation
7,589

Balance at September 30, 2016
$
18,859
The activity in the goodwill balance consists of the following:
Description
Amount

Balance at June 30, 2015
$
24,722

Acquisition of DDGG
1,591

Wetpaint impairment loss
(10,708
)
Choose Digital impairment loss
(4,335
)
Balance at June 30, 2016
$
11,270