NOTE 7 - OTHER INTANGIBLE ASSETS (Tables)

12 Months Ended

Jun. 30, 2018

Goodwill and Intangible Assets Disclosure [Abstract]

Other Intagible Assets - Net

Other intangible assets, net of accumulated amortization, at June 30, 2018 and 2017 are comprised of:

	As of June 30,
	2018		2017
Capitalized software development costs	$	7,004,847	$	7,004,847
Patents and copyrights		4,835,806		4,726,977
Non-competition agreements		4,100,000		4,100,000
Customer relationships		3,800,000		3,800,000
		19,740,653		19,631,824
Less: Accumulated amortization		14,138,997		12,987,320
	$	5,601,656	$	6,644,504

Schedule Of Other Intangle Assets

Information related to the above intangible assets for the years ended June 30, 2018, 2017 and 2016 is as follows:

	As of June 30,
	2018			2017			2016
Balance – Beginning of Year	$	6,644,504		$	7,719,358		$	8,950,160
Amounts capitalized		108,829			155,156			113,072
Software or patents written off		—			—			(88,796	)
Amortization		(1,151,677	)		(1,230,010	)		(1,255,078	)
Balance – End of Year	$	5,601,656		$	6,644,504		$	7,719,358

Amortization of Other Intangible Assets

The estimated amortization of other intangible assets for the five years ending June 30, 2023 and thereafter is as follows:

For the Years Ending June 30,		Total		Patents and Copyrights		Non- competition		Customer Relationships
	2019	$	980,284	$	204,570	$	585,714	$	190,000
	2020		783,072		202,595		390,477		190,000
	2021		393,102		203,102		—		190,000
	2022		391,713		201,713		—		190,000
	2023		387,103		197,103		—		190,000
	Thereafter		2,666,382		829,715		—		1,836,667
		$	5,601,656	$	1,838,798	$	976,191	$	2,786,667

The weighted average amortization period for other intangible assets is 11.1 years and they have no expected residual value.