XML 39 R28.htm IDEA: XBRL DOCUMENT v3.5.0.2
SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Jun. 30, 2016
Accounting Policies [Abstract]  
Depreciation and amortization of property and equipment

 Depreciation and amortization of property and equipment is computed using the straight line method based on the following estimated useful lives:

 

    Years  
Furniture and fixtures     5-7  
Computer Equipment     3  
Equipment under capital leases     3  
Leasehold improvements   See below  

 

Amortization of intangible assets

Amortization of intangible assets are computed using the straight line method based on the following estimated useful lives:

 

    Years  
Customer relationships     10  
Acquired developed software     5  
Developed software     3  
Goodwill   See below  

 

Diluted EPS
   

Year ended

June 30, 2016

   

Year ended

June 30, 2015

    Year ended June 30, 2014  
Dilutive effect of options and warrants     -       -       -  
Weighted average shares outstanding assuming dilution     19,151,000       17,375,000       16,710,000