v2.4.0.6

CUSTOMER CONTRACTS (Details Textual) (USD $) | 3 Months Ended
--- | ---
Sep. 30, 2012 | Sep. 30, 2011
Customer contracts | $ 2,524,997 |
Finite-Lived Intangible Asset, Useful Life | 4 years |
Amortization of customer contracts | 21,042 | 43,750
Finite-Lived Intangible Assets, Amortization Expense, Next Twelve Months | 494,479 |
Finite-Lived Intangible Assets, Amortization Expense, Year Two | 631,249 |
Finite-Lived Intangible Assets, Amortization Expense, Year Three | 631,249 |
Finite-Lived Intangible Assets, Amortization Expense, Year Four | 631,249 |
Finite-Lived Intangible Assets, Amortization Expense, Year Five | 136,771 |
Goodwill impairment loss | 0 | 48,158
Technest Inc [Member] |  |
Customer contracts |  | 350,000
Digipath [Member] |  |
Customer contracts | 2,524,997 |
Amortization of customer contracts | $ 21,042 |

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- Definition The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 142 -Paragraph 45 -Subparagraph a(2) -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3602-108585 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6388964&loc=d3e16225-109274 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a)(2) -URI http://asc.fasb.org/extlink&oid=7658586&loc=d3e16323-109275 + Details
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