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ACQUIRED INTANGIBLE ASSETS
 3 Months Ended
Sep. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
ACQUIRED INTANGIBLE ASSETS ACQUIRED INTANGIBLE ASSETS
As of September 30, 2024
Cost
Accumulated Amortization
Net
Technology assets
$1,142,360 $(378,641)$763,719 
Customer assets
2,676,246 (1,081,968)1,594,278 
Total$3,818,606 $(1,460,609)$2,357,997 
As of June 30, 2024
CostAccumulated AmortizationNet
Technology assets$1,153,457 $(342,528)$810,929 
Customer assets2,762,371 (1,087,036)1,675,335 
Total$3,915,828 $(1,429,564)$2,486,264 
Where applicable, the above balances as of September 30, 2024 have been reduced to reflect the impact of intangible assets where the gross cost has become fully amortized during the three months ended September 30, 2024. The impact of this resulted in reductions to the cost and accumulated amortization of technology assets and customer assets of $11 million and $88 million, respectively. The weighted average amortization periods for acquired technology and customer intangible assets are approximately six years and nine 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,
2025 (nine months ended)
$382,170 
2026467,374 
2027396,855 
2028379,334 
2029282,978 
2030 and Thereafter
449,286 
Total$2,357,997