Acquired Intangible Assets

9 Months Ended

Mar. 31, 2015

Acquired Intangible Assets [Abstract]

ACQUIRED INTANGIBLE ASSETS



	As of March 31, 2015
	Cost		Accumulated Amortization			Net
Technology Assets	$	768,714	$	(528,398	)	$	240,316
Customer Assets	929,060		(438,703		)	490,357
Total	$	1,697,774	$	(967,101	)	$	730,673

	As of June 30, 2014
	Cost		Accumulated Amortization			Net
Technology Assets	$	699,206	$	(473,043	)	$	226,163
Customer Assets	874,257		(375,102		)	499,155
Total	$	1,573,463	$	(848,145	)	$	725,318

The weighted average amortization periods for acquired technology and customer intangible assets are approximately five years and six 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,
2015 (three months ended June 30)	$	51,197
2016	181,453
2017	164,266
2018	151,573
2019 and beyond	182,184
Total	$	730,673