OTHER INTANGIBLE ASSETS

12 Months Ended

Jun. 30, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

OTHER INTANGIBLE ASSETS

NOTE 7 - OTHER INTANGIBLE ASSETS

Other intangible assets, net of accumulated amortization, at June 30, 2025 and 2024, are comprised of:

	Weighted average useful lives		Gross carrying amount – June 30, 2025		Accumulated amortization – June 30, 2025			Net carrying amount – June 30, 2025
Capitalized software development costs		5 years	$	7,004,847	$	(7,004,847	)	$	—
Software License		3 years		1,260,000		(756,000	)		504,000
Patents and copy rights		15 years		5,229,429		(4,255,393	)		974,036
Non-compete		7 years		4,150,000		(4,150,000	)		—
Customer relationships		20 years		3,900,000		(2,385,833	)		1,514,167
Total			$	21,544,276	$	(18,552,073	)	$	2,992,203

	Weighted average useful lives		Gross carrying amount – June 30, 2024		Accumulated amortization – June 30, 2024			Net carrying amount – June 30, 2024
Capitalized software development costs		5 years	$	7,004,847	$	(7,004,847	)	$	—
Patents and copy rights		15 years		5,259,811		(4,103,654	)		1,156,157
Non-compete		7 years		4,150,000		(4,150,000	)		—
Customer relationships		20 years		3,900,000		(2,185,833	)		1,714,167
Total			$	20,314,658	$	(17,444,334	)	$	2,870,324

The estimated amortization of other intangible assets for the five years ending June 30, 2030 and thereafter is as follows:

Schedule Of Other Intangible Assets For the Years Ending June 30,	Total		Software License		Patents and Copyrights		Customer Relationships
2026	$	756,880	$	420,000	$	136,880	$	200,000
2027		402,426		84,000		118,426		200,000
2028		306,103		—		106,103		200,000
2029		295,898		—		95,898		200,000
2030		291,464		—		91,464		200,000
Thereafter		939,432		—		425,265		514,167
Other intangible assets - net	$	2,992,203	$	504,000	$	974,036	$	1,514,167

The weighted average amortization period for other intangible assets is 9.0 years and they have no expected residual value.

Information related to the above intangible assets for the years ended June 30, 2025 and 2024 is as follows:

Other Intangible Assets
	For the Year-ended June 30,
	2025			2024
Balance – Beginning of Year	$	2,870,324		$	3,431,865
Amounts capitalized		25,325			32,885
Patents written off		(55,707	)		(225,419	)
Correction of an error (Note 2)		882,000			—
Amortization		(729,739	)		(369,007	)
Balance – End of Year	$	2,992,203		$	2,870,324

Amortization of patents and copyrights for the years ended June 30, 2025 and 2024 amounted to $151,739 and $169,007, respectively.

Amortization of customer relationships for the years ended June 30, 2025 and 2024 amounted to $200,000 and $200,000, respectively.

 Amortization of software licenses for the years ended June 30, 2025 and 2024 amounted to $378,000 and $0, respectively.