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ACQUIRED INTANGIBLE ASSETS
3 Months Ended
Sep. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
ACQUIRED INTANGIBLE ASSETS ACQUIRED INTANGIBLE ASSETS
As of September 30, 2023
CostAccumulated AmortizationNet
Technology assets$1,815,285 $(461,716)$1,353,569 
Customer assets3,694,061 (1,159,413)2,534,648 
Total$5,509,346 $(1,621,129)$3,888,217 
As of June 30, 2023
CostAccumulated AmortizationNet
Technology assets$1,815,260 $(385,868)$1,429,392 
Customer assets3,691,252 (1,039,765)2,651,487 
Total$5,506,512 $(1,425,633)$4,080,879 
The weighted average amortization periods for acquired technology and customer intangible assets are approximately six years and eight years, respectively.
The following table shows the estimated future amortization expense for the fiscal years indicated. This calculation assumes no future adjustments to acquired intangible assets:
Fiscal years ending June 30,
2024 (nine months ended)
$557,173 
2025643,188 
2026599,851 
2027529,474 
2028505,749 
2029 and Thereafter
1,052,782 
Total$3,888,217