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NOTE 7 - OTHER INTANGIBLE ASSETS | 12 Months Ended
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Jun. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract] |
NOTE 7 - OTHER INTANGIBLE ASSETS | NOTE 7 - OTHER INTANGIBLE ASSETS 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 |
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 |
The weighted average amortization period for other intangible assets is 12.0 years and they have no expected residual value. 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 |
Amortization of patents and copyrights for the years ended June 30, 2020 and 2019 amounted to $183,592 and $198,660, respectively. Capitalized software development costs were fully amortized as of June 30, 2018. Amortization of non-competition agreements for the years ended June 30, 2020 and 2019 amounted to $390,476 and $585,714, respectively. Amortization of customer relationships for the years ended June 30, 2020 and 2019 amounted to $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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