Quarterly report pursuant to Section 13 or 15(d)

Goodwill

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Goodwill
3 Months Ended
Sep. 30, 2024
Goodwill [Abstract]  
Goodwill

Note 7. Goodwill

 

We perform an annual test for goodwill impairment during our last fiscal quarter. We 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 three months ended September 30, 2024, we did not identify any events or circumstances that would require an interim goodwill impairment test. We do not amortize goodwill as it has been determined to have an indefinite useful life. The carrying amount of goodwill as of September 30, 2024 and June 30, 2024 was $6.5 million and $6.5 million, respectively.