ACQUIRED INTANGIBLE ASSETS (Tables)

12 Months Ended

Jun. 30, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Calculation of Acquired Intangibles by Asset Class

	As of June 30, 2020
	Cost		Accumulated Amortization			Net
Technology assets	$	1,084,144	$	(502,376	)	$	581,768
Customer assets	1,434,832		(404,036		)	1,030,796
Total	$	2,518,976	$	(906,412	)	$	1,612,564
	As of June 30, 2019
	Cost		Accumulated Amortization			Net
Technology assets	$	835,498	$	(349,259	)	$	486,239
Customer assets	1,397,937		(737,672		)	660,265
Total	$	2,233,435	$	(1,086,931	)	$	1,146,504

Calculation of Estimated Future Amortization Expense

The following table shows the estimated future amortization expense for the fiscal years indicated. This calculation assumes no future adjustments to acquired intangible assets:

Fiscal years ending June 30,
2021	$	432,514
2022	396,799
2023	314,979
2024	234,580
2025	122,320
2026 and beyond	111,372
Total	$	1,612,564