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Acquired Intangible Assets (Tables)
6 Months Ended
Dec. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]  
Calculation of Acquired Intangibles by Asset Class
 
As of December 31, 2015
 
Cost
 
Accumulated Amortization
 
Net
Technology Assets
$
364,983

 
$
(178,235
)
 
$
186,748

Customer Assets
710,725

 
(293,306
)
 
417,419

Total
$
1,075,708

 
$
(471,541
)
 
$
604,167

 
 
 
 
 
 
 
As of June 30, 2015
 
Cost
 
Accumulated Amortization
 
Net
Technology Assets
$
428,724

 
$
(210,862
)
 
$
217,862

Customer Assets
716,525

 
(254,908
)
 
461,617

Total
$
1,145,249

 
$
(465,770
)
 
$
679,479

Calculation of Estimated Future Amortization Expense
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,
2016 (six months ending June 30)
$
89,266

2017
167,614

2018
154,917

2019
127,513

2020
58,210

2021 and beyond
6,647

Total
$
604,167