6. Intellectual Property (Tables)

12 Months Ended

Jun. 30, 2012

Intellectual Property Tables

Schedule of Intellectual Property

		June 30, 2012							June 30, 2011
Description	Amortization Period	Amount		Accumulated Amortization			Carrying Value		Amount		Accumulated Amortization		Carrying Value
Intellectual Property	36 months	$	4,209	$	(1,052	)	$	3,157		—		—		—
Intellectual Property	24 months		80		(20	)		60
Total		$	4,289	$	(1,072	)	$	3,217		—		—

Amortization of intellectual property charges to selling, general and administrative expenses for the years ended June 30, 2012 amounted to $1,072.  Future annual amortization expense expected is as follows:

Years Ending June 30,
2013	$	1,443
2014		1,423
2015		351
2016		—
2017		—