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ACQUIRED INTANGIBLE ASSETS
9 Months Ended
Mar. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
ACQUIRED INTANGIBLE ASSETS ACQUIRED INTANGIBLE ASSETS
As of March 31, 2025
Cost
Accumulated Amortization
Net
Technology assets
$1,142,327 $(473,032)$669,295 
Customer assets
2,644,301 (1,211,120)1,433,181 
Total$3,786,628 $(1,684,152)$2,102,476 
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 March 31, 2025 have been reduced to reflect the impact of intangible assets where the gross cost has become fully amortized during the nine months ended March 31, 2025. The impact of this resulted in reductions to the cost and accumulated amortization of technology assets and customer assets of $11 million and $118 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 (three months ended)
$126,696 
2026467,051 
2027396,722 
2028379,288 
2029283,145 
2030 and Thereafter
449,574 
Total$2,102,476