XML 46 R33.htm IDEA: XBRL DOCUMENT
v3.20.2

NOTE 7 - OTHER INTANGIBLE ASSETS (Tables) | 12 Months Ended
--- | ---
Jun. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract] |
Other Intagible Assets - Net | Other intangible assets, net of accumulated amortization, at June 30, 2020 and 2019 are comprised of:
|  | As of June 30,
|  | 2020 |  | 2019
Capitalized software development costs |  | $ | 7,004,847 |  |  | $ | 7,004,847 |
Patents and copyrights |  |  | 5,081,721 |  |  |  | 4,964,199 |
Non-competition agreements |  |  | 4,100,000 |  |  |  | 4,100,000 |
Customer relationships |  |  | 3,800,000 |  |  |  | 3,800,000 |
|  |  | 19,986,568 |  |  |  | 19,869,046 |
Less: Accumulated amortization |  |  | 15,877,439 |  |  |  | 15,113,371 |
|  | $ | 4,109,129 |  |  | $ | 4,755,675 |
Schedule Of Other Intangible Assets | The estimated amortization of other intangible assets for the five years ending June 30, 2025 and thereafter is as follows:
For the Years Ending June 30, |  | Total |  | Patents and Copyrights |  | Non- competition |  | Customer Relationships
| 2021 |  |  | $ | 370,631 |  |  | $ | 180,631 |  |  | $ | — |  |  | $ | 190,000 |
| 2022 |  |  |  | 369,241 |  |  |  | 179,241 |  |  |  | — |  |  |  | 190,000 |
| 2023 |  |  |  | 372,700 |  |  |  | 182,700 |  |  |  | — |  |  |  | 190,000 |
| 2024 |  |  |  | 372,399 |  |  |  | 182,399 |  |  |  | — |  |  |  | 190,000 |
| 2025 |  |  |  | 359,378 |  |  |  | 169,378 |  |  |  | — |  |  |  | 190,000 |
| Thereafter |  |  |  | 2,264,780 |  |  |  | 808,113 |  |  |  | — |  |  |  | 1,456,667 |
|  |  |  | $ | 4,109,129 |  |  | $ | 1,702,462 |  |  | $ | — |  |  | $ | 2,406,667 |
Other Intangible Assets | Information related to the above intangible assets for the years ended June 30, 2020 and 2019 is as follows:
|  | As of June 30,
|  | 2020 |  | 2019
Balance – Beginning of Year |  | $ | 4,755,675 |  |  | $ | 5,601,656 |
Amounts capitalized |  |  | 117,522 |  |  |  | 128,393 |
Software or patents written off |  |  | — |  |  |  | — |
Amortization |  |  | (764,068 | ) |  |  | (974,374 | )
Balance – End of Year |  | $ | 4,109,129 |  |  | $ | 4,755,675 |

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275 + Details
Name: | us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of goodwill and intangible assets, which may be broken down by segment or major class. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 + Details
Name: | us-gaap_ScheduleOfIntangibleAssetsAndGoodwillTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 + Details
Name: | us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration