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Acquired Intangible Assets (Tables)
3 Months Ended
Sep. 30, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Calculation of Acquired Intangibles by Asset Class
 
As of September 30, 2018
 
Cost
 
Accumulated Amortization
 
Net
Technology assets
$
985,226

 
$
(487,251
)
 
$
497,975

Customer assets
1,301,734

 
(596,425
)
 
705,309

Total
$
2,286,960

 
$
(1,083,676
)
 
$
1,203,284

 
 
 
 
 
 
 
As of June 30, 2018
 
Cost
 
Accumulated Amortization
 
Net
Technology assets
$
985,226

 
$
(439,774
)
 
$
545,452

Customer assets
1,348,510

 
(597,325
)
 
751,185

Total
$
2,333,736

 
$
(1,037,099
)
 
$
1,296,637

Calculation of Estimated Future Amortization Expense The following table shows the estimated future amortization expense for the fiscal years indicated. This calculation assumes no future adjustments to acquired intangible assets:
Fiscal years ending June 30,
 
2019 (nine months ended June 30)
$
259,048

2020
280,888

2021
190,763

2022
177,208

2023
115,015

2024 and beyond
180,362

Total
$
1,203,284