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6. Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Jun. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible assets
 

  Useful

   Lives 

   Cost     

 Accumulated

 Amortization 

     Net   
At June 30, 2020:                    
                     
Technology, trademarks 5/10 yrs.   $ 664,700     $ 662,000     $ 2,700  
Trade names 6 yrs.     140,000       140,000       -  
Websites 5 yrs.     210,000       210,000       -  
Customer relationships 9/10 yrs.     357,000       321,400       35,600  
Sublicense agreements 10 yrs.     294,000       253,600       40,400  
Non-compete agreements 5 yrs.     384,000       384,000       -  
IPR&D 3 yrs.     110,000       110,000       -  
Other intangible assets 5 yrs.     246,600       196,600       50,000  
                         
    $ 2,406,300     $ 2,277,600     $ 128,700  

 

 

 

  Useful

   Lives 

   Cost     

 Accumulated

 Amortization 

     Net   
At June 30, 2019:                    
                     
Technology, trademarks 5/10 yrs.   $ 663,800     $ 661,700     $ 2,100  
Trade names 6 yrs.     140,000       124,400       15,600  
Websites 5 yrs.     210,000       210,000       -  
Customer relationships 9/10 yrs.     357,000       308,100       48,900  
Sublicense agreements 10 yrs.     294,000       224,100       69,900  
Non-compete agreements 5 yrs.     384,000       384,000       -  
IPR&D 3 yrs.     110,000       110,000       -  
Other intangible assets 5 yrs.     221,700       183,200       38,500  
                         
    $ 2,380,500     $ 2,205,500     $ 175,000  

 

Estimated future amortization expense of intangible assets
Year Ended June 30,      
       
2021   $ 59,800  
2022     36,800  
2023     20,200  
2024     8,400  
2025     3,500  
         
Total   $ 128,700