Digital Turbine, Inc. Quarterly report pursuant to sections 13 or 15(d)

Quarterly report pursuant to sections 13 or 15(d)

Intangible Assets (Tables)

Intangible Assets (Tables)

3 Months Ended

Jun. 30, 2013

Components of Intangible Assets

The components of intangible assets as at June 30, 2013 and March 31, 2013 were as follows:


		As of June 30, 2013
		Cost				Accumulated Amortization				Net
Software		$	8,249			$	(1,611	)		$	6,638
Trade name / Trademark			351				(23	)		$	328
Customer list			5,327				(1,503	)		$	3,824
License agreements			798				(466	)		$	332

		$	14,725			$	(3,603	)		$	11,122


		As of March 31, 2013
		Cost				Accumulated Amortization				Net
Software		$	2,429			$	(1,269	)		$	1,160
Trade name / Trademark			297				(16	)		$	281
Customer list			4,675				(1,407	)		$	3,268
License agreements			498				(450	)		$	48

		$	7,899			$	(3,142	)		$	4,757

Estimated Future Amortization Expense

Based on the amortizable intangible assets as of June 30, 2013, we estimate future amortization expense to be as follows:


Year Ending June 30,		Amortization Expense
		(in thousands)
2014		$	2,054
2015			1,905
2016			1,822
2017			1,811
2018			1,401
Future			1,922

		$	10,915

Summary of Goodwill and Intangible Assets

Below is a summary of Goodwill and Intangible assets:


		Intangible Assets				Goodwill
Balance as of March 31, 2013		$	4,757			$	3,588

Acquisition			6,826				1,252
Amortization of intangibles			461				—

Balance as of June 30, 2013			11,122				4,840