GOODWILL AND INTANGIBLES

Intangible asset balances and goodwill consisted of the following:



	As of September 30, 2018
($ in thousands)	Gross		Accumulated Amortization			Net		Amortization Period
Intangible assets:
Non-compete agreements	$	2	$	(2	)	$	—	2 years
Brand and tradenames	1,695		(291		)	1,404		3 - 7 years
Developed technology	10,939		(1,882		)	9,057		5 - 6 years
Customer relationships	19,049		(977		)	18,072		10 - 18 years
Total intangible assets	$	31,685	$	(3,152	)	$	28,533

Goodwill	64,149		—			64,149		Indefinite

Total intangible assets & goodwill	$	95,834	$	(3,152	)	$	92,682



	As of June 30, 2018
($ in thousands)	Gross		Accumulated Amortization			Net		Amortization Period
Intangible assets:
Non-compete agreements	$	2	$	(2	)	$	—	2 years
Brand	1,695		(226		)	1,469		3 - 7 years
Developed technology	10,939		(1,421		)	9,518		5 - 6 years
Customer relationships	19,049		(711		)	18,338		10 - 18 years
Total intangible assets	$	31,685	$	(2,360	)	$	29,325

Goodwill	64,149		—			64,149		Indefinite

Total intangible assets & goodwill	$	95,834	$	(2,360	)	$	93,474

For the three months ended September 30, 2018 and September 30, 2017 there was $0.8 million and $44 thousand in amortization expense related to intangible assets, respectively.

As set forth in the Merger Agreement, the Company finalized a post-working capital adjustment of $0.3 million during the quarter ended March 31, 2018. Accordingly, this post-working capital adjustment is reflected within goodwill as of June 30, 2018.