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NOTE 7 - OTHER INTANGIBLE ASSETS | 12 Months Ended
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Jun. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract] |
NOTE 7 - OTHER INTANGIBLE ASSETS | FONAR CORPORATION AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS JUNE 30, 2019, 2018 and 2017 NOTE 7 - OTHER INTANGIBLE ASSETS Other intangible assets, net of accumulated amortization, at June 30, 2019 and 2018 are comprised of:
|  | As of June 30,
|  | 2019 |  | 2018
Capitalized software development costs |  | $ | 7,004,847 |  |  | $ | 7,004,847 |
Patents and copyrights |  |  | 4,964,199 |  |  |  | 4,835,806 |
Non-competition agreements |  |  | 4,100,000 |  |  |  | 4,100,000 |
Customer relationships |  |  | 3,800,000 |  |  |  | 3,800,000 |
|  |  | 19,869,046 |  |  |  | 19,740,653 |
Less: Accumulated amortization |  |  | 15,113,371 |  |  |  | 14,138,997 |
|  | $ | 4,755,675 |  |  | $ | 5,601,656 |
The estimated amortization of other intangible assets for the five years ending June 30, 2024 and thereafter is as follows:
For the Years Ending June 30, |  | Total |  | Patents and Copyrights |  | Non- competition |  | Customer Relationships
| 2020 |  |  | $ | 771,830 |  |  | $ | 191,353 |  |  | $ | 390,477 |  |  | $ | 190,000 |
| 2021 |  |  |  | 381,860 |  |  |  | 191,860 |  |  |  | — |  |  |  | 190,000 |
| 2022 |  |  |  | 380,470 |  |  |  | 190,470 |  |  |  | — |  |  |  | 190,000 |
| 2023 |  |  |  | 383,929 |  |  |  | 193,929 |  |  |  | — |  |  |  | 190,000 |
| 2024 |  |  |  | 375,561 |  |  |  | 185,561 |  |  |  | — |  |  |  | 190,000 |
| Thereafter |  |  |  | 2,462,025 |  |  |  | 815,358 |  |  |  | — |  |  |  | 1,646,667 |
|  |  |  | $ | 4,755,675 |  |  | $ | 1,768,531 |  |  | $ | 390,477 |  |  | $ | 2,596,667 |
The weighted average amortization period for other intangible assets is 11.5 years and they have no expected residual value. Information related to the above intangible assets for the years ended June 30, 2019, 2018 and 2017 is as follows:
|  | As of June 30,
|  | 2019 |  | 2018 |  | 2017
Balance – Beginning of Year |  | $ | 5,601,656 |  |  | $ | 6,644,504 |  |  | $ | 7,719,358 |
Amounts capitalized |  |  | 128,393 |  |  |  | 108,829 |  |  |  | 155,156 |
Software or patents written off |  |  | — |  |  |  | — |  |  |  | — | )
Amortization |  |  | (974,374 | ) |  |  | (1,151,677 | ) |  |  | (1,230,010 | )
Balance – End of Year |  | $ | 4,755,675 |  |  | $ | 5,601,656 |  |  | $ | 6,644,504 |
Amortization of patents and copyrights for the years ended June 30, 2019, 2018 and 2017 amounted to $198,660, $202,630 and $194,296, respectively. Amortization of capitalized software development costs for the years ended June 30, 2019, 2018 and 2017 was $0, $173,333 and $260,000, respectively. Amortization of non-competition agreements for the years ended June 30, 2019, 2018 and 2017 amounted to $585,714, $585,714 and $585,714, respectively. Amortization of customer relationships for the years ended June 30, 2019, 2018 and 2017 amounted to $190,000, $190,000 and $190,000, respectively.

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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 + Details
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