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Acquired Intangible Assets (Tables)
6 Months Ended
Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Calculation of Acquired Intangibles by Asset Class
 
As of December 31, 2018
 
Cost
 
Accumulated Amortization
 
Net
Technology assets
$
1,092,226

 
$
(535,617
)
 
$
556,609

Customer assets
1,370,034

 
(642,344
)
 
727,690

Total
$
2,462,260

 
$
(1,177,961
)
 
$
1,284,299

 
 
 
 
 
 
 
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 (six months ended June 30)
$
182,456

2020
313,755

2021
222,403

2022
202,849

2023
135,884

2024 and beyond
226,952

Total
$
1,284,299