Intangible Assets

12 Months Ended

Jun. 30, 2020

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:

Intangible assets:
	June 30,
	2020			2019
Pharmacy segment
Trade Name	$	1,180		$	1,180
Customer Relationships		1,089			1,089
Medicare License		623			623
		2,892			2,892
Accumulated Amortization		(1,638	)		(1,539	)
Total	$	1,254		$	1,353

Impairment testing —During the fourth quarters of fiscal 2020 and 2019, 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 $ 99 and $117 for the fiscal years ended June 30, 2020 and 2019, respectively.

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

2021	$	26
2022		26
2023		22
2024		0
2025 and thereafter		0
Total	$	74