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Acquired Intangible Assets
6 Months Ended
Dec. 31, 2012
Acquired Intangible Assets [Abstract]  
Acquired Intangible Assets
ACQUIRED INTANGIBLE ASSETS
 
As of December 31, 2012
 
Cost
 
Accumulated Amortization
 
Net
Technology Assets
$
543,508

 
$
(356,490
)
 
$
187,018

Customer Assets
501,076

 
(259,733
)
 
241,343

Total
$
1,044,584

 
$
(616,223
)
 
$
428,361

 
 
 
 
 
 
 
As of June 30, 2012
 
Cost
 
Accumulated Amortization
 
Net
Technology Assets
$
473,008

 
$
(309,517
)
 
$
163,491

Customer Assets
374,396

 
(225,324
)
 
149,072

Total
$
847,404

 
$
(534,841
)
 
$
312,563



The weighted average amortization period for acquired technology and customer intangible assets is approximately six years and seven years, respectively.
The following table shows the estimated future amortization expense for the fiscal years indicated below. This calculation assumes no future adjustments to acquired intangible assets:
 
 
Fiscal years ending
June  30,
2013 (six months ended June 30)
$
80,088

2014
102,881

2015
79,183

2016
54,233

2017 and beyond
111,976

 
 
Total
$
428,361