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Goodwill and Intangible Assets (Tables)
6 Months Ended
Dec. 31, 2023
Goodwill and Intangible Assets  
Schdule Of goodwill

Goodwill at June 30, 2023

 

$5,854,905

 

Acquisition of Visimid

 

 

909,222

 

Goodwill at December 31, 2023

 

$6,764,127

 

Schedule of Identified Intangible Assets

 

 

Useful Lives (Years)

 

 

December 31, 2023

 

 

June 30, 2023

 

Customer relationships

 

10 - 15

 

 

$3,712,300

 

 

$3,590,000

 

Trade secrets

 

8 - 10

 

 

 

4,197,304

 

 

 

3,272,000

 

Trademarks

 

8 - 10

 

 

 

4,256,418

 

 

 

3,814,000

 

Backlog

 

1

 

 

 

463,525

 

 

 

 

Total intangible assets

 

 

 

 

 

 

12,629,547

 

 

 

10,676,000

 

Less accumulated amortization

 

 

 

 

 

 

(8,110,003)

 

 

(7,343,285)

Total intangible assets, net

 

 

 

 

 

$4,519,544

 

 

$3,332,715

 

Schdule Of Intangible Assets Future Amortization

Fiscal year ending:

 

 

 

June 30, 2024 (remaining six months)

 

$868,805

 

June 30, 2025

 

 

884,654

 

June 30, 2026

 

 

388,336

 

June 30, 2027

 

 

388,336

 

After June 30, 2027

 

 

1,989,413

 

 

 

$4,519,544