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Acquired Intangible Assets (Tables)
9 Months Ended
Mar. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Calculation of Acquired Intangibles by Asset Class
 
As of March 31, 2019
 
Cost
 
Accumulated Amortization
 
Net
Technology assets
$
907,984

 
$
(384,313
)
 
$
523,671

Customer assets
1,400,641

 
(691,176
)
 
709,465

Total
$
2,308,625

 
$
(1,075,489
)
 
$
1,233,136

 
 
 
 
 
 
 
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 (three months ended June 30)
$
92,081

2020
321,079

2021
229,729

2022
210,174

2023
143,209

2024 and beyond
236,864

Total
$
1,233,136