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Intangible Assets

12 Months Ended

Jun. 30, 2018

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets Disclosure

Note 4. Intangible Assets

Intangible assets consist of customer lists, which are amortized over an estimated useful life of two years.

Intangible assets consist of the following as of June 30, 2018 and 2017:

		June 30, 2018				June 30, 2017
Customer lists		$	706,611			$	649,159
Intellectual property licenses			16,425				16,425
Total			723,036				665,584
Less accumulated amortization			(723,036	)			(623,714	)
Net, Intangible assets		$	-			$	41,870

Amortization expense for the years ended June 30, 2018 and 2017 was $99,322 and $77,034, respectively.

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- References

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- Definition

The entire disclosure for all or part of the information related to intangible assets.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-URI http://asc.fasb.org/topic&trid=2144416

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