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NOTE 6 - OTHER INTANGIBLE ASSETS
6 Months Ended
Dec. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]  
NOTE 6 - OTHER INTANGIBLE ASSETS

FONAR CORPORATION AND SUBSIDIARIES

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

DECEMBER 31, 2017 and 2016

(Amounts and shares in thousands, except per share amounts)

(UNAUDITED)

 

NOTE 6 – OTHER INTANGIBLE ASSETS

 

Other intangible assets, net of accumulated amortization, in the accompanying condensed consolidated balance sheet consist of the following:

 

   December 31,
2017
  June 30,
2017
Capitalized software development costs  $7,005   $7,005 
Patents and copyrights   4,778    4,727 
Non-compete   4,100    4,100 
Customer relationships   3,800    3,800 
Gross Other intangible assets   19,683    19,632 
Less: Accumulated amortization   13,607    12,987 
Other Intangible Assets – net  $6,076   $6,645 

 

Amortization of patents and copyrights for the three months ended December 31, 2017 and 2016 amounted to $52 and $49, respectively.

 

Amortization of capitalized software development costs for the three months ended December 31, 2017 and 2016 amounted to $65 and $65, respectively.

 

Amortization of non-compete for the three months ended December 31, 2017 and 2016 amounted to $147 and $147, respectively.

 

Amortization of customer relationships for the three months ended December 31, 2017 and 2016 amounted to $47 and $47, respectively.

 

Amortization of patents and copyrights for the six months ended December 31, 2017 and 2016 amounted to $102 and $96, respectively.

 

Amortization of capitalized software development costs for the six months ended December 31, 2017 and 2016 amounted to $130 and $130 respectively.

 

Amortization of non-compete for the six months ended December 31, 2017 and 2016 amounted to $293 and $293, respectively.

 

Amortization of customer relationships for the six months ended December 31, 2017 and 2016 amounted to $95 and $95, respectively.