Intangible Assets

12 Months Ended

Jun. 30, 2019

Goodwill And Intangible Assets Disclosure [Abstract]

Intangible Assets

8. INTANGIBLE ASSETS

SunLink’s Pharmacy segment has intangible assets related to its Carmichael acquisition, which consists of:b

Intangible assets:
	June 30,
	2019			2018
Pharmacy segment
Trade Name	$	1,180		$	1,180
Customer Relationships		1,089			1,089
Medicare License		623			623
		2,892			2,892
Accumulated Amortization		(1,539	)		(1,422	)
Total	$	1,353		$	1,470

Impairment testing —During the fourth quarters of fiscal 2019 and 2018, we completed our annual impairment test of certain intangible assets and no impairment was indicated.

The Trade Name intangible asset under the Pharmacy segment is a non-amortizing intangible asset. Customer Relationships intangible asset is being amortized over 12 years and Medicare License intangible asset is being amortized over 15 years. Amortization expense was $117 for the fiscal years ended June 30, 2019 and 2018, respectively.

Annual amortization of amortizing intangibles for the next five years is as follows:

2020	$	100
2021		26
2022		26
2023		21
2024 and thereafter		0
Total	$	173