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NOTE 7 - OTHER INTANGIBLE ASSETS (Tables) | 12 Months Ended
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Jun. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract] |
Other Intagible Assets - Net | Other intangible assets, net of accumulated amortization, at June 30, 2015 and 2014 are comprised of:
|  | As of June 30,
|  | 2015 |  | 2014
Capitalized software development costs |  | $ | 7,004,847 |  |  | $ | 7,418,436 |
Patents and copyrights |  |  | 4,547,545 |  |  |  | 4,408,011 |
Non-competition agreements |  |  | 4,100,000 |  |  |  | 4,100,000 |
Customer relationships |  |  | 3,800,000 |  |  |  | 3,800,000 |
|  |  | 19,452,392 |  |  |  | 19,726,447 |
Less: Accumulated amortization |  |  | 10,502,232 |  |  |  | 9,217,604 |
|  | $ | 8,950,160 |  |  | $ | 10,508,843 |
Schedule Of Other Intangle Assets | Information related to the above intangible assets for the years ended June 30, 2015, 2014 and 2013 is as follows:
|  | As of June 30,
|  | 2015 |  | 2014 |  | 2013
Balance – Beginning of Year |  | $ | 10,508,843 |  |  | $ | 11,904,248 |  |  | $ | 3,835,179 |
Amounts capitalized |  |  | 139,534 |  |  |  | 214,211 |  |  |  | 9,359,907 |
Abandon software or patents written off |  |  | (413,589 | ) |  |  | (250,523 | ) |  |  | (66,619 | )
Impairment of management agreement |  |  | — |  |  |  | — |  |  |  | (357,500 | )
Amortization |  |  | (1,284,628 | ) |  |  | (1,359,093 | ) |  |  | (866,719 | )
Balance – End of Year |  | $ | 8,950,160 |  |  | $ | 10,508,843 |  |  | $ | 11,904,248 |
Amortization of Other Intangible Assets | The estimated amortization of other intangible assets for the five years ending June 30, 2020 and thereafter is as follows:
For the Years Ending June 30, |  | Total |  | Patents and Copyrights |  | Capitalized Software Development Costs |  | Non- competition |  | Customer Relation-ships
| 2016 |  |  | $ | 1,262,929 |  |  | $ | 195,404 |  |  | $ | 291,811 |  |  | $ | 585,714 |  |  | $ | 190,000 |
| 2017 |  |  |  | 1,246,672 |  |  |  | 210,958 |  |  |  | 260,000 |  |  |  | 585,714 |  |  |  | 190,000 |
| 2018 |  |  |  | 1,169,983 |  |  |  | 220,936 |  |  |  | 173,333 |  |  |  | 585,714 |  |  |  | 190,000 |
| 2019 |  |  |  | 1,002,736 |  |  |  | 227,022 |  |  |  | — |  |  |  | 585,714 |  |  |  | 190,000 |
| 2020 |  |  |  | 797,458 |  |  |  | 216,981 |  |  |  | — |  |  |  | 390,477 |  |  |  | 190,000 |
| Thereafter |  |  |  | 3,470,382 |  |  |  | 1,063,715 |  |  |  | — |  |  |  | — |  |  |  | 2,406,667 |
|  |  |  | $ | 8,950,160 |  |  | $ | 2,135,016 |  |  | $ | 725,144 |  |  | $ | 2,733,333 |  |  | $ | 3,356,667 |

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