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Intangible Assets
9 Months Ended
Jun. 30, 2022
Goodwill And Intangible Assets Disclosure [Abstract]  
Intangible Assets

5.

Intangible Assets

Information about our intangible assets as of June 30, 2022 and September 30, 2021, is as follows (in thousands):

 

 

 

June 30,

 

 

September 30,

 

 

 

2022

 

 

2021

 

Customer relationship

 

$

43,800

 

 

$

43,800

 

Accumulated amortization

 

 

(37,774

)

 

 

(37,008

)

Net carrying value

 

$

6,026

 

 

$

6,792

 

 

Total amortization expense recognized was $0.3 million and $0.3 million for the three months ended June 30, 2022 and 2021, respectively, and $0.8 million and $0.9 million for the nine months ended June 30, 2022 and 2021, respectively. We expect to record amortization expense of $0.3 million for the remainder of 2022, and $0.9 million, $0.8 million, $0.7 million, and $0.6 million for fiscal years 2023, 2024, 2025 and 2026, respectively, and $2.8 million of amortization expense thereafter.

 

As of June 30, 2022, our intangible assets’ remaining amortization term is 13.3 years.