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GOODWILL AND INTANGIBLES
3 Months Ended
Sep. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND INTANGIBLES GOODWILL AND INTANGIBLES
Intangible asset balances and goodwill consisted of the following:
As of September 30, 2025
Weighted Average Remaining Useful Life (Years)
($ in thousands)GrossAccumulated AmortizationNet
Intangible assets:
Brand and trade names$2,605 (2,315)290 1.7
Developed technology22,203 (15,672)6,531 3.0
Customer relationships28,251 (13,237)15,014 7.8
Total intangible assets$53,059 $(31,224)$21,835 6.2
Goodwill$103,075 $— $103,075 Indefinite
As of June 30, 2025Weighted Average Useful Life (Years)
($ in thousands)GrossAccumulated AmortizationNet
Intangible assets:
Brand and trade names$2,608 $(2,235)$373 1.8
Developed technology22,259 (15,086)7,173 3.2
Customer relationships28,255 (12,470)15,785 7.9
Total intangible assets$53,122 $(29,791)$23,331 6.3
Goodwill$103,222 $— $103,222 Indefinite

During the three months ended September 30, 2025 and September 30, 2024, the Company recognized $1.4 million and $1.3 million, respectively, in amortization expense related to intangible assets. Changes in Goodwill for the three months ended September 30, 2025 relate to foreign currency adjustments.
The Company performs an annual goodwill impairment test on April 1 and more frequently if events and circumstances indicate that the asset might be impaired. The Company has determined that there is one single reporting unit for purposes of testing goodwill for impairment. During the three ended September 30, 2025 and September 30, 2024, the Company did not recognize any impairment charges related to goodwill.