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Intangible Assets
12 Months Ended
Jun. 30, 2016
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets
Note 4. Intangible Assets
 
Intangible assets consist of customer lists, which are amortized over an estimated useful life of two years. As of June 30, 2016 and 2015, the Company determined that there were no indicators of impairment of its recorded intangible assets.
 
Intangible assets consist of the following as of June 30, 2016 and 2015:
 
 
 
June 30,
2016
 
June 30,
2015
 
Customer lists
 
$
635,102
 
$
497,180
 
Intellectual property licenses
 
 
16,425
 
 
16,425
 
Total
 
 
651,527
 
 
513,605
 
Less accumulated amortization
 
 
(546,679)
 
 
(513,605)
 
Net, Intangible assets
 
$
104,848
 
$
-
 
 
Amortization expense for the years ended June 30, 2016 and 2015 was $33,074 and $82,900, respectively.