XML 49 R14.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Note 8 - Intangible Assets | 3 Months Ended
--- | ---
Sep. 30, 2013
Disclosure Text Block [Abstract] |
Intangible Assets Disclosure [Text Block] | NOTE 8 - INTANGIBLE ASSETS Intangible assets consisted of the following:
|  | Product Licenses |  |  | Customer Lists |  |  | Technology |  |  | Total |
Intangible assets - June 30, 2013 - cost |  | $ | 44,837,558 |  |  | $ | 6,052,377 |  |  | $ | 242,702 |  |  | $ | 51,132,637 |
Additions |  |  | 1,362,026 |  |  |  | - |  |  |  | - |  |  |  | 1,322,150 |
Effect of translation adjustment |  |  | (1,595,186 | ) |  |  | - |  |  |  | - |  |  |  | (1,555,310 | )
Accumulated amortization |  |  | (16,129,094 | ) |  |  | (5,897,502 | ) |  |  | (97,082 | ) |  |  | (22,123,678 | )
Net balance - September 30, 2013 |  | $ | 28,475,304 |  |  | $ | 154,875 |  |  | $ | 145,620 |  |  | $ | 28,775,799 |
(A) Product Licenses Product licenses include internally-developed original license issues, renewals, enhancements, copyrights, trademarks, and trade names. Product licenses include unamortized software development and enhancement costs of $22,235,935. Product licenses are being amortized on a straight-line basis over their respective lives, which is currently a weighted average of approximately 8 years. Amortization expense for the three months ended September 30, 2013 and 2012 was $433,559 and $503,406, respectively. (B) Customer Lists Customer lists are being amortized based on a straight-line basis, which approximates the anticipated rate of attrition, which is currently a weighted average of approximately 5 years. Amortization expense for the three months ended September 30, 2013 and 2012 was $30,048 and $30,286, respectively. (C) Technology Technology assets are being amortized on a straight-line basis over their respective lives, which is currently a weighted average of approximately 5 years. Amortization expense for the three months ended September 30, 2013 and 2012 was $12,119 and $12,353. (D) Future Amortization Estimated amortization expense of intangible assets over the next five years is as follows:
Year ended: |  |  |
September 30, 2014 |  |  | 1,746,484 |
September 30, 2015 |  |  | 1,306,724 |
September 30, 2016 |  |  | 872,360 |
September 30, 2017 |  |  | 711,323 |
September 30, 2018 |  |  | 688,878 |
Thereafter |  |  | 23,450,029 |

X
- Details
Name: | us-gaap_DisclosureTextBlockAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for all or part of the information related to intangible assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16323-109275 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16373-109275 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16265-109275 + Details
Name: | us-gaap_IntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration