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Acquired Intangible Assets (Tables)
12 Months Ended
Jun. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Calculation of Acquired Intangibles by Asset Class
 
As of June 30, 2019
 
Cost
 
Accumulated Amortization
 
Net
Technology assets
$
835,498

 
$
(349,259
)
 
$
486,239

Customer assets
1,397,937

 
(737,672
)
 
660,265

Total
$
2,233,435

 
$
(1,086,931
)
 
$
1,146,504

 
 
 
 
 
 
 
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,
 
2020
$
322,009

2021
230,648

2022
211,093

2023
144,128

2024
95,876

2025 and beyond
142,750

Total
$
1,146,504