Goodwill and Intangible Assets

6 Months Ended

Dec. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Intangible Assets

Goodwill and Intangible Assets

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

	12/31/2023		6/30/2023
Trademarks and trade names	$	2,070	$	2,070
Customer relationships	630		630
Software development	9,745		11,149
Other intangible assets	106		105
Gross intangible assets	12,551		13,954
Accumulated amortization and impairment	(7,722)		(9,282)
Net intangible assets	$	4,829	$	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 balance at December 31, 2023, gross $4.7 million and accumulated impairment of $3.7 million. There is no change in the six months ended December 31, 2023 to the net goodwill balance of $1.0 million.