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Intangible Assets
 6 Months Ended
Dec. 31, 2012
Intangible Assets  
Intangible Assets
5. Intangible Assets
 
The following table discloses information regarding the carrying amounts and associated accumulated amortization for intangible assets:
 
   
(unaudited)
        
   
December 31, 2012
    
June 30, 2012
  
   
 
    
 
  
Gross carrying amount
   $ 621,302     $ 621,302  
Accumulated amortization
     (569,471 )     (553,037 )
Net carrying amount
   $ 51,831     $ 68,265  
 
Amortization expense related to intangible assets totaled approximately $16,000 during both six-month periods ended December 31, 2012 and 2011.  The net carrying amount will be amortized over the following schedule for the remainder of fiscal 2013 and each fiscal year thereafter:
 
2013
2014
2015
Total
 16,434
32,868
2,529
51,831