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Goodwill and Intangible Assets, Net (Tables)
3 Months Ended
Sep. 30, 2024
Goodwill And Intangible Assets Disclosure [Abstract]  
Intangible Assets

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

 

 

September 30, 2024

 

 

June 30, 2024

 

 

 

Gross

 

 

 

 

 

Net

 

 

Gross

 

 

 

 

 

Net

 

 

 

Carrying

 

 

Accumulated

 

 

Carrying

 

 

Carrying

 

 

Accumulated

 

 

Carrying

 

 

 

Amount

 

 

Amortization

 

 

Amount

 

 

Amount

 

 

Amortization

 

 

Amount

 

Customer/publisher/advertiser relationships

 

$

93,511

 

 

$

(70,716

)

 

$

22,795

 

 

$

93,511

 

 

$

(68,770

)

 

$

24,741

 

Content

 

 

43,106

 

 

 

(43,082

)

 

 

24

 

 

 

43,106

 

 

 

(43,068

)

 

 

38

 

Website/trade/domain names

 

 

25,422

 

 

 

(20,189

)

 

 

5,233

 

 

 

25,422

 

 

 

(20,051

)

 

 

5,371

 

Acquired technology and others

 

 

43,014

 

 

 

(35,540

)

 

 

7,474

 

 

 

43,014

 

 

 

(35,156

)

 

 

7,858

 

Total

 

$

205,053

 

 

$

(169,527

)

 

$

35,526

 

 

$

205,053

 

 

$

(167,045

)

 

$

38,008

 

Amortization Expense

Future amortization expense for the Company’s intangible assets as of September 30, 2024 was as follows (in thousands):

 

Fiscal Year Ending June 30,

 

 

 

 

 

 

 

Amortization

 

2025 (remaining nine months)

 

 

 

 

 

 

 

$

7,051

 

2026

 

 

 

 

 

 

 

 

6,887

 

2027

 

 

 

 

 

 

 

 

5,864

 

2028

 

 

 

 

 

 

 

 

5,281

 

2029

 

 

 

 

 

 

 

 

4,234

 

Thereafter

 

 

 

 

 

 

 

 

6,209

 

Total

 

 

 

 

 

 

 

$

35,526