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Identifiable Intangible Assets, Net | 9 Months Ended
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Mar. 31, 2026
Goodwill and Intangible Assets Disclosure [Abstract] |
Identifiable Intangible Assets, Net | 9. Identifiable Intangible Assets, Net The following table is a summary of the Company’s intangible assets as of March 31, 2026 and June 30, 2025:
|  | As of March 31, 2026 |  |  | As of June 30, 2025 |
(in thousands) |  | Gross Carrying Amount |  |  | Accumulated Amortization |  |  | Net Carrying Amount |  |  | Gross Carrying Amount |  |  | Accumulated Amortization |  |  | Net Carrying Amount |
Investment management agreements |  | $ | 15,264 |  |  | $ | (6,422 | ) |  | $ | 8,842 |  |  | $ | 15,264 |  |  | $ | (5,731 | ) |  | $ | 9,533 |
Assembled workforce |  |  | 1,103 |  |  |  | (692 | ) |  |  | 411 |  |  |  | 1,103 |  |  |  | (632 | ) |  |  | 471 |
Customer related |  |  | 1,610 |  |  |  | (123 | ) |  |  | 1,487 |  |  |  | 1,610 |  |  |  | (43 | ) |  |  | 1,567 |
Licenses |  |  | 450 |  |  |  | (34 | ) |  |  | 416 |  |  |  | 450 |  |  |  | (12 | ) |  |  | 438 |
Identifiable intangible assets, net |  | $ | 18,427 |  |  | $ | (7,271 | ) |  | $ | 11,156 |  |  | $ | 18,427 |  |  | $ | (6,418 | ) |  | $ | 12,009 |
During the three and nine months ended March 31, 2026, the Company recorded amortization expense of $0.3 million and $0.9 million, respectively within depreciation and amortization on the condensed consolidated statements of operations. During the three and nine months ended March 31, 2025 the Company recorded amortization expense of $0.3 million and $0.8 million, respectively, within depreciation and amortization on the condensed consolidated statements of operations. The following table provides the estimated aggregate amortization expense for each of the five succeeding fiscal years and thereafter:
(in thousands) |  | Estimated Future Amortization Expense |
Remainder of fiscal year 2026 |  | $ | 278 |
For the year ending June 30, 2027 |  |  | 1,096 |
For the year ending June 30, 2028 |  |  | 1,068 |
For the year ending June 30, 2029 |  |  | 1,045 |
For the year ending June 30, 2030 |  |  | 1,027 |
For the year ending June 30, 2031 |  |  | 986 |
Thereafter |  |  | 5,656 |
Total |  | $ | 11,156 |

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-20/tableOfContent + Details
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