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NOTE 8 - OTHER INTANGIBLE ASSETS

12 Months Ended

Jun. 30, 2021

Other intangible assets, net of accumulated amortization, at June 30, 2021 and 2020 are comprised of:

Other Intagible Assets - Net
	As of June 30,
	2021		2020
Capitalized software development costs	$	7,004,847	$	7,004,847
Patents and copyrights		5,244,892		5,081,721
Non-competition agreements		4,150,000		4,100,000
Customer relationships		3,900,000		3,800,000
		20,299,739		19,986,568
Less: Accumulated amortization		16,262,140		15,877,439
	$	4,037,599	$	4,109,129

The estimated amortization of other intangible assets for the five years ending June 30, 2026 and thereafter is as follows:

Schedule Of Other Intangible Assets
For the Years Ending June 30,	Total		Patents and Copyrights		Non- competition		Customer Relationships
2022	$	423,209	$	185,709	$	37,500	$	200,000
2023		389,168		189,168		—		200,000
2024		388,867		188,867		—		200,000
2025		383,912		183,912		—		200,000
2026		373,220		173,220		—		200,000
Thereafter		2,079,223		765,056		—		1,314,167
Other intangible assets - net	$	4,037,599	$	1,685,932	$	37,500	$	2,314,167

The weighted average amortization period for other intangible assets is 11.4 years and they have no expected residual value.

Information related to the above intangible assets for the years ended June 30, 2021 and 2020 is as follows:

Other Intangible Assets
	As of June 30,
	2021			2020
Balance – Beginning of Year	$	4,109,129		$	4,755,675
Amounts capitalized		313,705			117,522
Software or patents written off		(534	)		—
Amortization		(384,701	)		(764,068	)
Balance – End of Year	$	4,037,599		$	4,109,129

Amortization of patents and copyrights for the years ended June 30, 2021 and 2020 amounted to $179,701 and $183,592, respectively.

Capitalized software development costs were fully amortized as of June 30, 2018.

Amortization of non-competition agreements for the years ended June 30, 2021 and 2020 amounted to $12,500 and $390,476, respectively.

Amortization of customer relationships for the years ended June 30, 2021 and 2020 amounted to $192,500 and $190,000, respectively.