Intangible Assets, Net

12 Months Ended

Jun. 30, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets, Net

Intangible Assets, Net

Intangible assets, net consist of (in thousands):

	June 30,
	2023		2022
Patent costs	$	2,330	$	2,330
Accumulated amortization	(2,120)		(1,988)
Total finite-lived intangible assets, net	210		342
Trademarks and other indefinite-lived intangible assets	245		245
Total intangible assets, net	$	455	$	587

Amortization expense totaled $0.1 million and $0.1 million for the fiscal years ended June 30, 2023 and 2022, respectively. As of June 30, 2023, the remaining weighted-average amortization period for finite-lived intangible assets was 1.75 years. Annual estimated amortization expense is expected to approximate $0.1 million for each of the two succeeding fiscal years.