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OTHER INTANGIBLE ASSETS | 12 Months Ended
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Jun. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract] |
OTHER INTANGIBLE ASSETS | NOTE 7 - OTHER INTANGIBLE ASSETS Other intangible assets, net of accumulated amortization, at June 30, 2024 and 2023, are comprised of:
Schedule of other intangible assets, net of accumulated amortization |  |  |  |  |  |  |  |
|  | As of June 30,
|  | 2024 |  | 2023
Capitalized software development costs |  | $ | 7,004,847 |  |  | $ | 7,004,847 |
Patents and copyrights |  |  | 5,259,811 |  |  |  | 5,452,345 |
Non-competition agreements |  |  | 4,150,000 |  |  |  | 4,150,000 |
Customer relationships |  |  | 3,900,000 |  |  |  | 3,900,000 |
|  |  | 20,314,658 |  |  |  | 20,507,192 |
Less: Accumulated amortization |  |  | 17,444,334 |  |  |  | 17,075,327 |
|  | $ | 2,870,324 |  |  | $ | 3,431,865 |
The estimated amortization of other intangible assets for the five years ending June 30, 2029 and thereafter is as follows:
Schedule of other intangible assets For the Years Ending June 30, |  | Total |  | Patents and Copyrights |  | Customer Relationships
| 2025 |  |  | $ | 351,882 |  |  | $ | 151,882 |  |  | $ | 200,000 |
| 2026 |  |  |  | 339,179 |  |  |  | 139,179 |  |  |  | 200,000 |
| 2027 |  |  |  | 326,502 |  |  |  | 126,502 |  |  |  | 200,000 |
| 2028 |  |  |  | 320,232 |  |  |  | 120,232 |  |  |  | 200,000 |
| 2029 |  |  |  | 313,052 |  |  |  | 113,052 |  |  |  | 200,000 |
| Thereafter |  |  |  | 1,219,477 |  |  |  | 505,310 |  |  |  | 714,167 |
| Other intangible assets - net |  |  | $ | 2,870,324 |  |  | $ | 1,156,157 |  |  | $ | 1,714,167 |
The weighted average amortization period for other intangible assets is 9.9 years and they have no expected residual value. Information related to the above intangible assets for the years ended June 30, 2024 and 2023 is as follows:
Schedule of other intangible assets |  |  |  |
|  | For the Year-ended June 30,
|  | 2024 |  | 2023
Balance – Beginning of Year |  | $ | 3,431,865 |  |  | $ | 3,703,885 |
Amounts capitalized |  |  | 32,885 |  |  |  | 119,571 |
Patents written off |  |  | (225,419 | ) |  |  | — |
Amortization |  |  | (369,007 | ) |  |  | (391,591 | )
Balance – End of Year |  | $ | 2,870,324 |  |  | $ | 3,431,865 |
Amortization of patents and copyrights for the years ended June 30, 2024 and 2023 amounted to $169,007 and $191,591, respectively. Amortization of customer relationships for the years ended June 30, 2024 and 2023 amounted to $200,000 and $200,000, respectively.

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