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Goodwill and Other Intangible Assets (Tables)

6 Months Ended

Dec. 31, 2021

Goodwill and Other Intangible Assets

Schedule of change in carrying amount of goodwill

​

​	​	​	​	​	​	​	​	​	​
​		Aytu BioPharma			Aytu Consumer Health			Consolidated
​	​	(In thousands)
Balance as of June 30, 2021	​	$	57,165	​	$	8,637	​	$	65,802
Goodwill impairment	​		(19,453)	​		—	​		(19,453)
Balance as of December 31, 2021	​	$	37,712	​	$	8,637	​	$	46,349

Schedule of finite lived intangible assets

​

​	​	​	​	​	​	​	​	​	​	​	​
​	​	December 31, 2021
​	​	​	​	​	​	​	​	​	​	​	Weighted-
​	​	​	​	​	​	​	​	​	​	​	Average
​	​	Gross		​	​	​	​	Net		​	Remaining
​	​	Carrying		​	Accumulated		​	Carrying		​	Life (in
​		Amount			Amortization			Amount			years)
​	​	(In thousands)
Licensed assets	​	$	3,246	​	$	(1,662)	​	$	1,584	​	3.42
Acquired product technology right	​		45,400	​		(5,963)	​		39,437		12.44
Acquired technology right	​	​	30,200	​	​	(1,390)	​	​	28,810	​	16.25
Acquired product distribution rights	​		11,354	​		(2,827)	​		8,527		8.09
Acquired in-process R&D	​	​	2,600	​	​	—	​	​	2,600	​	Indefinite-lived
Acquired commercial technology	​	​	630	​	​	(493)	​	​	137	​	0.25
Acquired trade name	​	​	400	​	​	(156)	​	​	244	​	1.25
Acquired customer lists	​		390	​		(390)	​		—		—
Total	​	$	94,220	​	$	(12,881)	​	$	81,339		13.13

​

​	​	​	​	​	​	​	​	​	​	​	​
​	​	June 30, 2021
​	​	​	​	​	​	​	​	​	​	​	Weighted-
​	​	​	​	​	​	​	​	​	​	​	Average
​	​	Gross		​	​	​	​	​	​	​	Remaining
​	​	Carrying		​	Accumulated			​	Net Carrying	​	Life (in
​		Amount			Amortization			Amount			years)
​	​	(In thousands)
Licensed assets	​	$	3,246	​	$	(1,430)	​	$	1,816	​	3.92
Acquired product technology right	​	​	45,400	​	​	(4,160)	​	​	41,240	​	12.88
Acquired technology right	​	​	30,200	​	​	(501)	​	​	29,699	​	16.75
Acquired product distribution rights	​	​	11,354	​	​	(2,073)	​	​	9,281	​	8.57
Acquired in-process R&D	​		2,600	​		—	​		2,600	​	Indefinite-lived
Acquired commercial technology	​	​	630	​	​	(178)	​	​	452	​	0.75
Acquired trade name	​	​	400	​	​	(56)	​	​	344	​	1.75
Acquired customer lists	​	​	390	​	​	(358)	​	​	32	​	0.01
Total	​	$	94,220	​	$	(8,756)	​	$	85,464	​	13.47

​

Schedule of Indefinite lived intangible assets

​

​	​	​	​	​	​	​	​	​	​	​	​
​	​	December 31, 2021
​	​	​	​	​	​	​	​	​	​	​	Weighted-
​	​	​	​	​	​	​	​	​	​	​	Average
​	​	Gross		​	​	​	​	Net		​	Remaining
​	​	Carrying		​	Accumulated		​	Carrying		​	Life (in
​		Amount			Amortization			Amount			years)
​	​	(In thousands)
Licensed assets	​	$	3,246	​	$	(1,662)	​	$	1,584	​	3.42
Acquired product technology right	​		45,400	​		(5,963)	​		39,437		12.44
Acquired technology right	​	​	30,200	​	​	(1,390)	​	​	28,810	​	16.25
Acquired product distribution rights	​		11,354	​		(2,827)	​		8,527		8.09
Acquired in-process R&D	​	​	2,600	​	​	—	​	​	2,600	​	Indefinite-lived
Acquired commercial technology	​	​	630	​	​	(493)	​	​	137	​	0.25
Acquired trade name	​	​	400	​	​	(156)	​	​	244	​	1.25
Acquired customer lists	​		390	​		(390)	​		—		—
Total	​	$	94,220	​	$	(12,881)	​	$	81,339		13.13

​

​	​	​	​	​	​	​	​	​	​	​	​
​	​	June 30, 2021
​	​	​	​	​	​	​	​	​	​	​	Weighted-
​	​	​	​	​	​	​	​	​	​	​	Average
​	​	Gross		​	​	​	​	​	​	​	Remaining
​	​	Carrying		​	Accumulated			​	Net Carrying	​	Life (in
​		Amount			Amortization			Amount			years)
​	​	(In thousands)
Licensed assets	​	$	3,246	​	$	(1,430)	​	$	1,816	​	3.92
Acquired product technology right	​	​	45,400	​	​	(4,160)	​	​	41,240	​	12.88
Acquired technology right	​	​	30,200	​	​	(501)	​	​	29,699	​	16.75
Acquired product distribution rights	​	​	11,354	​	​	(2,073)	​	​	9,281	​	8.57
Acquired in-process R&D	​		2,600	​		—	​		2,600	​	Indefinite-lived
Acquired commercial technology	​	​	630	​	​	(178)	​	​	452	​	0.75
Acquired trade name	​	​	400	​	​	(56)	​	​	344	​	1.75
Acquired customer lists	​	​	390	​	​	(358)	​	​	32	​	0.01
Total	​	$	94,220	​	$	(8,756)	​	$	85,464	​	13.47

​

​

Schedule of future amortization expense

​

​	​	​	​
​		December 31,
​	​	(In thousands)
2022 (remaining 6 months)	​	$	3,914
2023	​	​	7,489
2024	​	​	7,333
2025	​	​	7,099
2026	​	​	6,331
2027	​	​	6,301
Thereafter	​	​	40,272
Total future amortization expense	​	$	78,739

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Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule.

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