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ACQUIRED INTANGIBLE ASSETS (Tables)
6 Months Ended
Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Calculation of Acquired Intangibles by Asset Class
As of December 31, 2020
CostAccumulated AmortizationNet
Technology assets$1,009,581 $(534,087)$475,494 
Customer assets1,442,267 (514,833)927,434 
Total$2,451,848 $(1,048,920)$1,402,928 
As of June 30, 2020
CostAccumulated AmortizationNet
Technology assets$1,084,144 $(502,376)$581,768 
Customer assets1,434,832 (404,036)1,030,796 
Total$2,518,976 $(906,412)$1,612,564 
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,
2021 (six months ended)$213,473 
2022399,956 
2023317,950 
2024236,259 
2025123,570 
2026 and beyond111,720 
Total$1,402,928