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Goodwill and Intangible Assets
3 Months Ended
Sep. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets Goodwill and Intangible Assets
The Company concluded there was no triggering events in fiscal 2021 nor in the Three Months Ended September 30, 2021 and no impairment was recorded during that time.
The Company will continue to perform an annual assessment of goodwill associated with its purchase of a private software company. If future results significantly vary from current estimates, related projections, or business assumptions due to changes in industry or market conditions, the Company may be required to perform an impairment analysis prior to our annual test date if a triggering event is identified.
Amortizable intangible assets consist of the following (in thousands):
9/30/20216/30/2021
Trademarks and trade names2,070 2,070 
Completed technology2,010 2,010 
Customer relationships630 630 
Software development10,534 10,244 
Gross intangible assets15,244 14,954 
Accumulated amortization and impairment(10,401)(10,066)
Net intangible assets$4,843 $4,888 
Amortizable intangible assets are being amortized on a straight-line basis over the period of expected economic benefit.
The estimated useful lives of the intangible assets subject to amortization range between 5 years for software development and 20 years for some trademark and trade name assets. The estimated aggregate amortization expense for the remainder of fiscal 2021 and for each of the next 5 years and thereafter, is as follows (in thousands):
2022 remaining$1,048 
20231,211 
2024940 
2025781 
2026571 
2027132 
Thereafter160 
Total net balance$4,843