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

Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets

Intangible Assets

3 Months Ended

Jun. 30, 2016

Goodwill and Intangible Assets Disclosure [Abstract]

The components of intangible assets at June 30, 2016 and March 31, 2016 were as follows:



	As of June 30, 2016
	Cost		Accumulated Amortization			Net
Software	$	11,544	$	(5,568	)	$	5,976
Trade name / trademark	380		(380		)	—
Customer list	11,300		(6,775		)	4,525
License agreements	355		(246		)	109
Total	$	23,579	$	(12,969	)	$	10,610



	As of March 31, 2016
	Cost		Accumulated Amortization			Net
Software	$	11,544	$	(4,949	)	$	6,595
Trade name / trademark	380		(380		)	—
Customer list	11,300		(5,534		)	5,766
License agreements	355		(226		)	129
Total	$	23,579	$	(11,089	)	$	12,490

The Company has included amortization of acquired intangible assets directly attributable to revenue-generating activities in cost of revenues; thus, all intangible amortization is included in cost of revenues.

The Company recorded amortization expense of $1,880 and $2,191 during the three months ended June 30, 2016 and 2015, respectively. The decrease in amortization expense year-over-year was primarily attributable to the following reductions to intangible assets during fiscal 2016: 1) $1,874 reduction to the cost basis of internal use software acquired in the Appia Inc. transaction due to the Company licensing technology in the Sift agreement that was specifically tied to such software, and 2) $2,404 accelerated amortization expense and subsequent write-off recorded for customer relationship intangible assets related to our September 2012 acquisition of Logia Mobile Ltd.

Based on the amortizable intangible assets as of June 30, 2016, we estimate amortization expense for the next five years to be as follows:



Twelve Month Period Ending June 30,	Amortization Expense
2017	$	5,914
2018	2,335
2019	1,390
2020	196
2021	86
Thereafter	689
Total	$	10,610