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Acquired Intangible Assets
 3 Months Ended
Sep. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
ACQUIRED INTANGIBLE ASSETS ACQUIRED INTANGIBLE ASSETS
 
As of September 30, 2019
 
Cost
 
Accumulated Amortization
 
Net
Technology assets
$
835,601

 
$
(389,557
)
 
$
446,044

Customer assets
1,397,937

 
(786,830
)
 
611,107

Total
$
2,233,538

 
$
(1,176,387
)
 
$
1,057,151

 
 
 
 
 
 
 
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


The weighted average amortization periods for acquired technology and customer intangible assets are approximately six years and eight years, respectively.
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 (nine months ended June 30)
$
232,586

2021
230,681

2022
211,126

2023
144,132

2024
95,876

2025 and beyond
142,750

Total
$
1,057,151