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INTANGIBLE ASSETS
3 Months Ended 12 Months Ended
Sep. 30, 2018
Jun. 30, 2018
Goodwill and Intangible Assets Disclosure [Abstract]    
INTANGIBLE ASSETS

NOTE 5 –intangible assets

 

Intangible assets are summarized as follows:

 

    September 30, 2018     June 30, 2018  
Software registration right   $ 5,223     $ 4,929  
Patent     15,287       1,203  
Value-added telecommunications business license     11,678       12,049  
 Subtotal     32,188       18,181  
Less: Accumulated depreciation     4,872       4,294  
 Total   $ 27,316     $ 13,887  

 

Amortization expense for the three months ended March 31, 2018 and 2017 were $717 and $415, respectively.

NOTE 6 –intangible assets

 

Intangible assets are summarized as follows:

 

    June 30, 2018     June 30, 2017  
Software registration rights   $ 4,929     $ 4,508  
Patent     1,203        
Value-added telecommunications business license     12,049       11,833  
    Subtotal     18,181       16,341  
Less: Accumulated depreciation     4,294       2,558  
   Total   $ 13,887     $ 13,783  

 

Amortization expense for the years ended June 30, 2018 and 2017 were $1,687 and $1,471, respectively.