Goodwill and Intangible Assets, Net

3 Months Ended

Sep. 30, 2022

Goodwill And Intangible Assets Disclosure [Abstract]

7. Goodwill and Intangible Assets, Net

Goodwill

As of September 30, 2022 and June 30, 2022, the Company had goodwill of $121.1 million. There were no impairments to goodwill during the three months ended September 30, 2022.

Intangible Assets, Net

Intangible assets, net, consisted of the following (in thousands):

	September 30, 2022							June 30, 2022
	Gross					Net		Gross					Net
	Carrying		Accumulated			Carrying		Carrying		Accumulated			Carrying
	Amount		Amortization			Amount		Amount		Amortization			Amount
Customer/publisher/advertiser relationships	$	91,629	$	(54,639	)	$	36,990	$	91,629	$	(52,449	)	$	39,180
Content		43,056		(43,056	)		—		43,056		(43,056	)		—
Website/trade/domain names		25,302		(19,000	)		6,302		25,302		(18,853	)		6,449
Acquired technology and others		34,934		(31,352	)		3,582		34,934		(30,867	)		4,067
Total	$	194,921	$	(148,047	)	$	46,874	$	194,921	$	(145,225	)	$	49,696

Amortization of intangible assets was $2.8 million and $3.0 million for the three months ended September 30, 2022 and 2021.

Future amortization expense for the Company’s intangible assets as of September 30, 2022 was as follows (in thousands):

Fiscal Year Ending June 30,	Amortization
2023 (remaining nine months)	$	8,300
2024		10,185
2025		8,046
2026		5,421
2027		4,470
Thereafter		10,452
Total	$	46,874