Akoustis Technologies, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Cover
- Document And Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- Accounting Policies, by Policy (Policies)
Notes Tables
Notes Details

Goodwill

Goodwill	12 Months Ended
Jun. 30, 2023
Goodwill [Abstract]
Goodwill	Note 8: Goodwill The Company performs an annual test for goodwill impairment during our last fiscal quarter. Based on a qualitative assessment, the Company determined that there was no impairment to our goodwill as of June 30, 2023. The Company will also test for impairment between annual test dates if an event occurs or circumstances change that would indicate the carrying amount may be impaired. During the year ended June 30, 2023, the Company did not identify any events or circumstances that would require an interim goodwill impairment test. The Company does not amortize goodwill as it has been determined to have an indefinite useful life. The carrying amount of goodwill as of June 30, 2023 was $14.6 million.

Goodwill

12 Months Ended

Jun. 30, 2023

Goodwill [Abstract]

Goodwill

Note 8: Goodwill

The Company performs an annual test for goodwill impairment during our last fiscal quarter. Based on a qualitative assessment, the Company determined that there was no impairment to our goodwill as of June 30, 2023. The Company will also test for impairment between annual test dates if an event occurs or circumstances change that would indicate the carrying amount may be impaired.

During the year ended June 30, 2023, the Company did not identify any events or circumstances that would require an interim goodwill impairment test. The Company does not amortize goodwill as it has been determined to have an indefinite useful life. The carrying amount of goodwill as of June 30, 2023 was $14.6 million.