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Other Assets (Tables) | 6 Months Ended
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Dec. 31, 2015
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract] |
Schedule of other assets | As of December 31, 2015 and June 30, 2015 other assets consisted of the following:
| December 31, 2015 |  | June 30, 2015
Royalty rights | $ | 108,512 |  |  | $ | — |
Investment in Well Lift Inc., at cost | 108,750 |  |  | — |
Trademarks | — |  |  | 44,803 |
Patent costs | — |  |  | 538,276 |
Less: Accumulated amortization of patent costs | — |  |  | (47,063 | )
Deferred loan costs | 179,468 |  |  | 337,078 |
Less: Accumulated amortization of deferred loan costs | (171,375 | ) |  | (147,057 | )
Other assets, net | $ | 225,355 |  |  | $ | 726,037 |

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- Definition Tabular disclosure of the carrying amounts of other assets. This disclosure includes other current assets and other noncurrent assets. + References No definition available. + Details
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