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DEFINITE LIVED INTANGIBLE ASSETS

3 Months Ended

Sep. 30, 2021

NOTE 4 – DEFINITE LIVED INTANGIBLE ASSETS

The definite lived intangible assets consisted of the following as of September 30, 2021:


Definite lived intangible assets:	Expected Life	Average Remaining life		Gross Intangible Assets		Less Accumulated Amortization		Net Intangible Assets
Complete technology	3 years		0.3 years	$	18,397	$	16,864	$	1,533
Technology in progress	Not Applicable		–		635,782		–		635,782
Software	5 years		2.9 years		401,136		279,625		121,511
Patents	10 years		3.7 years		21,105		13,483		7,622
Certifications & licenses	3 years		1.4 years		1,072,919		649,443		423,476
Total as of September 30, 2021				$	2,149,339	$	959,415	$	1,189,924

The definite lived intangible assets consisted of the following as of June 30, 2021:

Definite lived intangible assets:	Expected Life	Average Remaining life		Gross Intangible Assets		Less Accumulated Amortization		Net Intangible Assets
Complete technology	3 years		0.5 years	$	18,397	$	15,331	$	3,066
Technology in progress	Not Applicable		–		602,388		–		602,388
Software	5 years		3.0 years		399,811		268,495		131,316
Patents	10 years		3.9 years		21,105		12,951		8,154
Certifications & licenses	3 years		1.6 years		1,070,770		568,944		501,826
Total as of June 30, 2021				$	2,112,471	$	865,721	$	1,246,750

Amortization expense recognized during the three months ended September 30, 2021 and 2020 was $93,694 and $127,640, respectively.

The amortization expenses of the definite lived intangible assets for the future are as follows: