XML 26 R13.htm IDEA: XBRL DOCUMENT v3.22.2.2
Intangible Assets
12 Months Ended
Jun. 30, 2022
Intangible Assets  
Intangible Assets

6. INTANGIBLE ASSETS

Intangible assets are amortized over the estimated lives, as follows (in thousands, except expected life):

Gross

Consolidated

Carrying

Accumulated

Net Balance

Statements of Operations

Intangible Asset

    

Amount

    

Amortization

    

June 30, 2022

    

Life

    

Category  

Customer relationships - maintenance contracts

 

1,610

 

(1,610)

 

 

6

Cost of recurring

$

1,610

$

(1,610)

$

Gross

Consolidated

Carrying

Accumulated

Net Balance

Statements of Operations

Intangible Asset

    

Amount

    

Amortization

    

June 30, 2021

    

Life

    

Category  

Customer relationships - maintenance contracts

 

1,610

 

(1,610)

 

 

6

Cost of recurring

$

1,610

$

(1,610)

$

Amortization expense related to the above intangible assets were $0 and $26,000 for fiscal years ended June 30, 2022 and 2021, respectively.