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Intangible Assets - net (Tables) | 12 Months Ended
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Jun. 30, 2013
Intangible Assets - Net Tables |
Schedule of Intangible Assets | Intangible assets consist of the following:
|  | June 30, 2013 |  |  | June 30, 2012 |
Gross carrying amount |  | $ | 621,302 |  |  | $ | 621,302 |
Accumulated amortization |  |  | (585,905 | ) |  |  | (553,037 | )
Net carrying amount |  | $ | 35,397 |  |  | $ | 68,265 |
Schedule of Expected Amortization Expense | The amount of the June 30, 2013, net intangible asset value is expected to be fully amortized by the end of fiscal 2015, with annual amortization estimated as follows:
2014 |  | 2015 |  | Total
32,868 |  | 2,529 |  | 35,397

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- Definition Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16323-109275 + Details
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- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16265-109275 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16323-109275 + Details
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