Goodwill and Intangible Assets

3 Months Ended

Sep. 30, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Intangible Assets

Goodwill and Intangible Assets

Amortizable intangible assets consist of the following (in thousands):

	9/30/2023		6/30/2023
Trademarks and trade names	$	2,070	$	2,070
Customer relationships	630		630
Software development	9,429		11,149
Other intangible assets	101		105
Gross intangible assets	12,230		13,954
Accumulated amortization and impairment	(7,456)		(9,282)
Net intangible assets	$	4,774	$	4,672

The estimated useful lives of the intangible assets subject to amortization range between 5 years for software development and 20 years for trademark and trade name assets.

The goodwill gross balance at September 30, 2023 was $4.7 million and accumulated impairment of $3.7 million. There was no change to goodwill in the three months ended September 30, 2023 and the balance is a net $1.0 million.