Other Assets

As of September 30, 2015 and June 30, 2015 other assets consisted of the following:



	September 30, 2015			June 30, 2015
Trademarks	$	44,803		$	44,803
Patent costs	562,078			538,276
Less: Accumulated amortization of patent costs	(52,415		)	(47,063		)
Deferred loan costs	179,468			337,078
Less: Accumulated amortization of deferred loan costs	(159,216		)	(147,057		)
Other assets, net	$	574,718		$	726,037

At September 30, 2015, the Company decided to postpone our previous plans to obtain an expanded secured credit facility. As a result of this this decision, the Company charged deferred legal fees of $50,414 to expense and charged $108,472 in costs incurred for title work in the Delhi field to capitalized costs of oil and gas properties. At September 30, 2015, there were $20,257 of unamortized deferred loan costs related to our unsecured credit facility which expires February 29, 2016.